PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Jamestown Savings Bank

Lakewood, NY · Cert 34088

FDIC

Q1 2005

$421.9MAssets
$252.1MLoans
$397.0MDeposits
$23.6MEquity
Loan mix
88%RE $138.2M12%C&I $19.6M0%Consumer $0.1MQ1 2004Q1 2005
Deposit mix
93%Interest-bearing $369.8M7%Noninterest $27.2MQ1 2004Q1 2005

NIM

4.87%Q1 ’034.77%Q1 ’045.10%Q1 ’05+14%+6%

Non-interest income vs. expense

1.97%Q1 ’031.84%Q1 ’041.85%Q1 ’05-5%+2%

Executive Summary

  • Earnings: ROA of 0.88%, down 7 bps year over year; NIM at 2.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 63.49% of deposits as of Q1 2005.

Financial Results

Return on Assets (YTD, annualized)

0.88%-7 bps YoY

Net Interest Margin (YTD, annualized)

2.93%+15 bps YoY

Efficiency Ratio (YTD, annualized)

57.27%-206 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets0.94%0.86%0.85%0.85%0.88%-7 bps
Return on Equity16.72%15.76%15.40%15.42%15.64%-108 bps
Net Interest Margin2.78%2.80%2.74%2.71%2.93%+15 bps
Efficiency Ratio59.33%60.56%59.88%58.91%57.27%-206 bps
Non-Interest Burden1.52%1.56%1.51%1.46%1.55%+3 bps
Growth
Asset Growth (YoY)14.11%11.62%9.80%13.06%13.59%-52 bps
Loan Growth (YoY)30.78%32.23%31.15%25.13%21.19%-959 bps
Deposit Growth (YoY)13.76%12.08%9.70%12.95%13.86%+10 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.02%0.02%0.02%0.13%+12 bps
Allowance / Loans0.94%0.90%0.90%0.95%0.98%+4 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 Capital11.14%10.57%10.25%10.23%10.81%-34 bps
Equity / Assets5.82%5.20%5.51%5.59%5.59%-22 bps
Liquidity & Funding
Loans / Deposits59.65%62.66%63.43%63.37%63.49%+384 bps
Liquid Assets / Assets11.58%8.15%7.88%10.66%10.59%-99 bps
CRE / Total Capitaln/an/an/an/an/an/an/a