PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community Bank of New Jersey

Freehold, NJ · Cert 34287

FDIC

Q2 2004

$376.9MAssets
$235.0MLoans
$349.7MDeposits
$25.3MEquity
Loan mix
71%RE $40.4M28%C&I $16.0M0%Consumer $0.1MQ2 2003Q2 2004
Deposit mix
80%Interest-bearing $279.7M20%Noninterest $70.1MQ2 2003Q2 2004

NIM

5.80%Q2 ’024.72%Q2 ’034.35%Q2 ’04-19%-1%

Non-interest income vs. expense

3.06%Q2 ’022.63%Q2 ’032.65%Q2 ’04-11%-3%

Executive Summary

  • Earnings: ROA of 0.47%, down 18 bps year over year; NIM at 3.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 67.20% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

0.47%-18 bps YoY

Net Interest Margin (YTD, annualized)

3.13%-3 bps YoY

Efficiency Ratio (YTD, annualized)

73.73%-51 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets0.66%0.66%0.69%0.45%0.47%-18 bps
Return on Equity9.88%10.34%11.13%7.21%7.44%-245 bps
Net Interest Margin3.17%2.75%2.75%2.82%3.13%-3 bps
Efficiency Ratio74.24%72.81%71.05%77.23%73.73%-51 bps
Non-Interest Burden2.25%1.91%1.85%2.08%2.18%-7 bps
Growth
Asset Growth (YoY)39.27%41.75%28.90%1.22%-3.16%-4,243 bps
Loan Growth (YoY)15.78%10.39%10.43%10.02%18.14%+236 bps
Deposit Growth (YoY)42.01%27.38%11.77%7.24%1.55%-4,046 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.30%1.31%1.30%1.25%1.25%-5 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 Capital10.84%10.54%10.70%10.93%10.45%-38 bps
Equity / Assets6.31%5.59%5.52%6.97%6.71%+40 bps
Liquidity & Funding
Loans / Deposits57.76%58.41%60.97%61.95%67.20%+944 bps
Liquid Assets / Assets0.00%0.02%0.08%0.66%0.01%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a