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Marathon National Bank of New York

Astoria, NY · Cert 32698

FDIC

Q3 2012

$893.6MAssets
$561.7MLoans
$772.6MDeposits
$116.8MEquity
Loan mix
88%RE $306.9M11%C&I $40.0M0%Consumer $0.9MQ3 2011Q3 2012
Deposit mix
72%Interest-bearing $555.1M28%Noninterest $217.5MQ3 2011Q3 2012

NIM

4.48%Q3 ’104.29%Q3 ’113.85%Q3 ’12+0%-8%

Non-interest income vs. expense

2.75%Q3 ’102.77%Q3 ’112.85%Q3 ’120%+4%

Executive Summary

  • Earnings: ROA of 0.36%, down 40 bps year over year; NIM at 3.36%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.13%.
  • Funding: loans stand at 72.71% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

0.36%-40 bps YoY

Net Interest Margin (quarter, annualized)

3.36%-28 bps YoY

Efficiency Ratio (quarter, annualized)

75.58%+812 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.76%0.55%0.74%0.82%0.36%-40 bps
Return on Equity5.71%4.20%5.88%6.41%2.81%-290 bps
Net Interest Margin3.65%3.59%3.41%3.62%3.36%-28 bps
Efficiency Ratio67.46%71.56%66.45%63.91%75.58%+812 bps
Non-Interest Burden2.47%2.66%2.28%2.31%2.57%+10 bps
Growth
Asset Growth (YoY)-0.77%5.03%7.16%9.74%7.42%+820 bps
Loan Growth (YoY)5.97%5.29%7.57%5.67%1.24%-473 bps
Deposit Growth (YoY)-1.56%5.22%7.27%10.32%7.68%+924 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.05%-0.12%-0.21%0.03%-0.13%-8 bps
Allowance / Loans1.75%1.67%1.68%1.66%1.72%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital18.00%18.11%18.15%18.33%18.82%+81 bps
Equity / Assets13.30%12.73%12.61%12.88%13.07%-23 bps
Liquidity & Funding
Loans / Deposits77.33%72.51%72.58%73.75%72.71%-463 bps
Liquid Assets / Assets21.51%26.21%26.51%25.96%26.99%+548 bps
CRE / Total Capitaln/an/an/an/an/an/an/a