Freehold, NJ · Cert 34287
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Freehold, NJ · Cert 34287
FDIC
Q2 2004
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 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.72% | 0.68% | 0.66% | 0.66% | 0.69% | 0.45% | 0.47% | -18 bps | |
| Return on Equity | 8.72% | 9.07% | 9.95% | 9.88% | 10.34% | 11.13% | 7.21% | 7.44% | -245 bps | |
| Net Interest Margin | 3.66% | 3.34% | 3.26% | 3.17% | 2.75% | 2.75% | 2.82% | 3.13% | -3 bps | |
| Efficiency Ratio | 71.31% | 70.55% | 78.05% | 74.24% | 72.81% | 71.05% | 77.23% | 73.73% | -51 bps | |
| Non-Interest Burden | 2.48% | 2.24% | 2.46% | 2.25% | 1.91% | 1.85% | 2.08% | 2.18% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 40.68% | 35.18% | 48.29% | 39.27% | 41.75% | 28.90% | 1.22% | -3.16% | -4,243 bps | |
| Loan Growth (YoY) | 22.47% | 23.96% | 22.67% | 15.78% | 10.39% | 10.43% | 10.02% | 18.14% | +236 bps | |
| Deposit Growth (YoY) | 39.01% | 34.09% | 43.05% | 42.01% | 27.38% | 11.77% | 7.24% | 1.55% | -4,046 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 | 0.33% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.30% | 1.31% | 1.30% | 1.30% | 1.31% | 1.30% | 1.25% | 1.25% | -5 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 | 11.69% | 11.51% | 11.00% | 10.84% | 10.54% | 10.70% | 10.93% | 10.45% | -38 bps | |
| Equity / Assets | 7.49% | 7.11% | 6.54% | 6.31% | 5.59% | 5.52% | 6.97% | 6.71% | +40 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 67.41% | 61.71% | 60.38% | 57.76% | 58.41% | 60.97% | 61.95% | 67.20% | +944 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.00% | 0.02% | 0.08% | 0.66% | 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 |