Somerville, NJ · Cert 33540
FDIC
Q1 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2007, the quarter ended March 31, 2007, 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.
Somerville, NJ · Cert 33540
FDIC
Q1 2007
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 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.74% | 0.22% | 0.35% | 0.74% | 0.71% | 0.66% | 0.63% | 0.35% | -40 bps | |
| Return on Equity | 10.28% | 2.22% | 3.12% | 4.39% | 4.24% | 3.93% | 3.78% | 2.09% | -230 bps | |
| Net Interest Margin | 3.27% | 1.05% | 1.57% | 3.19% | 3.23% | 3.16% | 3.06% | 2.72% | -47 bps | |
| Efficiency Ratio | 70.71% | 67.00% | 65.20% | 62.48% | 63.72% | 66.30% | 66.99% | 78.96% | +1,648 bps | |
| Non-Interest Burden | 2.21% | 0.76% | 1.10% | 2.12% | 2.20% | 2.24% | 2.19% | 2.30% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.53% | 26.27% | 17.07% | 19.51% | 7.01% | -3.40% | 1.84% | -3.47% | -2,298 bps | |
| Loan Growth (YoY) | 12.37% | 5.17% | -0.50% | 2.33% | -0.57% | 0.20% | 3.73% | 3.29% | +97 bps | |
| Deposit Growth (YoY) | 10.50% | 14.37% | 8.61% | 6.89% | -5.83% | -9.26% | -10.43% | -6.28% | -1,317 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 | 0.00% | 0.00% | 0.00% | 0.11% | 0.06% | 0.05% | 0.06% | -0.04% | -14 bps | |
| Allowance / Loans | 1.01% | 1.01% | 1.03% | 0.99% | 0.99% | 0.97% | 0.94% | 0.95% | -4 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 | 10.54% | 10.82% | 11.42% | 11.35% | 11.57% | 11.38% | 10.73% | 11.13% | -22 bps | |
| Equity / Assets | 6.91% | 15.96% | 17.00% | 16.84% | 16.67% | 16.47% | 16.17% | 17.06% | +22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 64.38% | 63.79% | 66.85% | 68.64% | 67.97% | 70.44% | 77.41% | 75.66% | +701 bps | |
| Liquid Assets / Assets | 16.36% | 0.21% | 0.53% | 0.13% | 0.03% | 0.83% | 0.01% | 0.04% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |