Freehold, NJ · Cert 30519
FDIC · 2 branches
Q3 2024
Market Position · New York-Newark-Jersey City, NY-NJ · 2024 SOD (annual) · 0.0% share · #119 of 150 inst. · $0.2B of $2586.6B
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 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.36% | 0.30% | 0.25% | 0.25% | 0.42% | 0.32% | 0.51% | +26 bps | |
| Return on Equity | 5.40% | 2.57% | 2.10% | 1.75% | 1.76% | 2.89% | 2.16% | 3.32% | +157 bps | |
| Net Interest Margin | 2.73% | 2.29% | 2.22% | 2.15% | 2.06% | 1.63% | 1.65% | 1.65% | -50 bps | |
| Efficiency Ratio | 61.87% | 82.01% | 84.44% | 87.11% | 86.06% | 77.55% | 78.64% | 73.47% | -1,364 bps | |
| Non-Interest Burden | 1.61% | 1.82% | 1.81% | 1.82% | 1.72% | 1.21% | 1.24% | 1.15% | -67 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.35% | -0.38% | 0.77% | 1.20% | 2.46% | 1.72% | -0.97% | -10.40% | -1,159 bps | |
| Loan Growth (YoY) | 9.19% | 11.89% | 8.23% | 12.02% | 5.50% | 2.17% | -3.61% | -18.49% | -3,051 bps | |
| Deposit Growth (YoY) | 2.80% | 0.88% | 2.56% | -1.94% | -10.08% | -14.68% | -13.33% | -6.92% | -498 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.02% | 0.00% | 0.08% | 0.07% | 0.07% | 0.07% | 0.08% | 0.09% | +1 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.78% | 0.77% | 0.76% | 0.73% | 0.75% | 0.70% | 0.77% | 0.65% | -8 bps | |
| Allowance Coverage of NPLs | 32.9x | n/a | 10.0x | 10.0x | 10.4x | 9.5x | 10.0x | 7.5x | -2.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.19% | 15.22% | 15.33% | 15.27% | 15.27% | 15.63% | 16.02% | 16.63% | +135 bps | |
| Total Risk-Based Capital | 22.93% | 22.82% | 22.60% | 22.27% | 22.49% | 22.91% | 23.83% | 25.99% | +371 bps | |
| Equity / Assets | 14.04% | 14.32% | 14.34% | 14.06% | 14.45% | 14.71% | 15.28% | 17.47% | +341 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.07% | 80.08% | 84.11% | 89.79% | 92.77% | 95.89% | 93.53% | 78.63% | -1,116 bps | |
| Liquid Assets / Assets | 1.90% | 2.43% | 1.64% | 1.31% | 3.50% | 4.28% | 4.71% | 4.68% | +337 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |