Fort Lee, NJ · Cert 33791
FDIC
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 30, 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.
Fort Lee, NJ · Cert 33791
FDIC
Q2 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 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.52% | 1.06% | 1.18% | 1.10% | 1.08% | 1.19% | 1.25% | +7 bps | |
| Return on Equity | n/a | n/a | 8.46% | 9.48% | 9.06% | 9.05% | 10.30% | 10.74% | +126 bps | |
| Net Interest Margin | 3.29% | 3.43% | 4.06% | 4.01% | 3.76% | 3.60% | 3.71% | 3.69% | -32 bps | |
| Efficiency Ratio | 79.58% | 79.22% | 69.09% | 67.12% | 68.48% | 69.12% | 68.42% | 64.71% | -241 bps | |
| Non-Interest Burden | 2.35% | 2.42% | 2.27% | 2.13% | 2.06% | 2.00% | 1.99% | 1.71% | -42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.26% | 30.64% | 38.79% | 23.20% | 30.77% | 27.59% | 21.86% | 15.44% | -776 bps | |
| Loan Growth (YoY) | 111.34% | 128.67% | 108.26% | 10.29% | 40.50% | 25.92% | 26.76% | 25.40% | +1,511 bps | |
| Deposit Growth (YoY) | 33.11% | 34.93% | 45.04% | 24.39% | 32.71% | 28.35% | 23.12% | 16.53% | -786 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% | 0.13% | 0.33% | 0.15% | 0.08% | 0.16% | 0.12% | -0.29% | -44 bps | |
| Allowance / Loans | 2.52% | 2.21% | 2.35% | 2.50% | 2.07% | 2.01% | 2.00% | 2.18% | -32 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 | 13.79% | 13.64% | 13.74% | 13.89% | 10.87% | 11.36% | 11.97% | 12.38% | -150 bps | |
| Equity / Assets | 13.24% | 12.69% | 12.48% | 12.10% | 11.28% | 11.31% | 11.70% | 11.83% | -27 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 51.78% | 54.69% | 51.93% | 49.25% | 54.82% | 53.66% | 53.46% | 52.99% | +375 bps | |
| Liquid Assets / Assets | 0.31% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | +1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |