Hackettstown, NJ · Cert 33141
FDIC
Q3 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2011, the quarter ended September 30, 2011, 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.
Hackettstown, NJ · Cert 33141
FDIC
Q3 2011
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 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.91% | 0.99% | 0.98% | 0.97% | 0.64% | 0.08% | -0.04% | -102 bps | |
| Return on Equity | 6.50% | 7.21% | 8.05% | 8.03% | 7.93% | 5.04% | 0.61% | -0.31% | -833 bps | |
| Net Interest Margin | 3.43% | 3.73% | 3.63% | 3.44% | 3.39% | 3.62% | 3.70% | 3.76% | +32 bps | |
| Efficiency Ratio | 56.20% | 51.99% | 52.88% | 53.16% | 53.88% | 53.64% | 52.24% | 53.33% | +17 bps | |
| Non-Interest Burden | 1.80% | 1.77% | 1.77% | 1.65% | 1.64% | 1.68% | 1.68% | 1.75% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.87% | 2.25% | 5.17% | 7.37% | 6.50% | 2.12% | -4.85% | -7.74% | -1,511 bps | |
| Loan Growth (YoY) | -1.68% | -0.66% | -0.87% | 0.07% | -0.66% | -0.13% | -0.69% | -0.62% | -69 bps | |
| Deposit Growth (YoY) | 9.70% | 2.46% | 6.27% | 8.93% | 10.85% | 4.86% | -3.08% | -7.10% | -1,603 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 | 0.64% | 0.42% | 0.42% | 0.37% | 0.75% | 0.93% | 1.49% | 1.23% | +86 bps | |
| Allowance / Loans | 1.61% | 1.77% | 1.79% | 1.89% | 1.59% | 1.72% | 2.30% | 2.95% | +107 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 | 11.81% | 11.13% | 11.31% | 11.57% | 11.97% | 12.35% | 12.19% | 12.43% | +86 bps | |
| Equity / Assets | 12.83% | 12.27% | 11.98% | 11.93% | 12.41% | 12.90% | 13.01% | 13.28% | +134 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.15% | 86.27% | 80.44% | 77.48% | 79.00% | 82.16% | 82.43% | 82.89% | +541 bps | |
| Liquid Assets / Assets | 0.19% | 0.21% | 0.10% | 0.11% | 0.42% | 0.07% | 0.09% | 0.24% | +13 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |