Englewood Cliffs, NJ · Cert 32869
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Englewood Cliffs, NJ · Cert 32869
FDIC
Q1 2003
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 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.78% | 1.90% | 1.96% | 1.70% | 1.67% | 1.50% | 1.29% | 1.27% | -43 bps | |
| Return on Equity | n/a | n/a | n/a | 15.26% | 15.07% | 13.71% | 11.97% | 12.46% | -279 bps | |
| Net Interest Margin | 4.93% | 5.13% | 5.15% | 5.07% | 4.91% | 4.80% | 4.58% | 4.43% | -63 bps | |
| Efficiency Ratio | 50.15% | 48.22% | 46.50% | 52.62% | 54.57% | 55.23% | 59.97% | 58.43% | +581 bps | |
| Non-Interest Burden | 2.15% | 2.12% | 2.04% | 2.32% | 2.36% | 2.34% | 2.45% | 2.31% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.17% | 5.11% | 1.13% | 7.94% | 11.42% | 19.32% | 18.53% | 20.50% | +1,256 bps | |
| Loan Growth (YoY) | 9.90% | 6.22% | 14.86% | 23.27% | 26.06% | 28.57% | 26.38% | 14.30% | -897 bps | |
| Deposit Growth (YoY) | 7.10% | 2.62% | 0.60% | 8.40% | 12.36% | 21.89% | 19.76% | 21.74% | +1,333 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 | 0.04% | 0.04% | 0.02% | 0.00% | 0.30% | 0.20% | 0.14% | -0.01% | -1 bps | |
| Allowance / Loans | 1.10% | 1.11% | 1.06% | 1.02% | 0.91% | 0.95% | 1.00% | 1.04% | +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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 18.14% | 18.32% | 17.29% | 16.73% | 16.46% | 16.15% | 15.42% | 15.93% | -80 bps | |
| Equity / Assets | 10.69% | 11.39% | 11.32% | 10.97% | 10.90% | 10.55% | 10.32% | 10.06% | -91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.11% | 68.83% | 71.99% | 73.54% | 74.17% | 72.60% | 75.97% | 69.04% | -449 bps | |
| Liquid Assets / Assets | 10.83% | 10.46% | 6.23% | 5.45% | 4.43% | 2.06% | 1.03% | 1.01% | -444 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |