Ocean City, NJ · Cert 30273
FDIC · 11 branches
Q3 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2016, the quarter ended September 30, 2016, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Ocean City, NJ · Cert 30273
FDIC · 11 branches
Q3 2016
Market Position · Atlantic City-Hammonton, NJ · 2016 SOD (annual) · 9.4% share · #5 of 16 inst. · $0.5B of $5.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | 0.71% | 0.72% | 0.70% | 0.69% | 0.67% | 0.68% | 0.66% | -4 bps | |
| Return on Equity | 6.45% | 6.98% | 7.01% | 6.97% | 6.92% | 6.82% | 6.82% | 6.69% | -29 bps | |
| Net Interest Margin | 2.75% | 2.81% | 2.80% | 2.71% | 2.71% | 2.77% | 2.77% | 2.72% | +1 bps | |
| Efficiency Ratio | 66.39% | 65.41% | 64.72% | 65.00% | 65.47% | 66.13% | 66.18% | 66.86% | +186 bps | |
| Non-Interest Burden | 1.69% | 1.69% | 1.66% | 1.61% | 1.63% | 1.70% | 1.70% | 1.68% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.69% | 0.95% | 0.84% | 2.86% | 2.00% | 2.28% | 2.47% | 2.79% | -8 bps | |
| Loan Growth (YoY) | 3.90% | 1.62% | 1.46% | 1.49% | 1.20% | 2.89% | 1.31% | 0.96% | -53 bps | |
| Deposit Growth (YoY) | 0.69% | 1.20% | 1.15% | 3.55% | 3.43% | 3.62% | 3.90% | 3.57% | +1 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.27% | 0.18% | 0.19% | 0.16% | 0.06% | 0.06% | 0.06% | -13 bps | |
| Allowance / Loans | 0.48% | 0.44% | 0.43% | 0.40% | 0.41% | 0.40% | 0.41% | 0.42% | +2 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | 9.77% | 9.89% | 9.21% | 9.30% | 9.51% | 9.55% | 9.47% | +26 bps | |
| Total Risk-Based Capital | 19.41% | 19.77% | 19.73% | 18.20% | 18.52% | 18.69% | 18.99% | 19.23% | +103 bps | |
| Equity / Assets | 10.13% | 10.20% | 10.39% | 9.58% | 9.85% | 9.90% | 10.10% | 9.68% | +9 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.01% | 96.82% | 99.69% | 93.96% | 95.90% | 96.14% | 97.21% | 91.60% | -236 bps | |
| Liquid Assets / Assets | 7.12% | 7.84% | 5.56% | 10.08% | 7.78% | 8.22% | 7.38% | 12.61% | +253 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |