PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community State Bank

Teaneck, NJ · Cert 34366

FDIC

Q2 2003

$139.6MAssets
$92.4MLoans
$122.7MDeposits
$12.0MEquity
Loan mix
67%RE $23.1M33%C&I $11.4M0%Consumer $0.1MQ2 2002Q2 2003
Deposit mix
87%Interest-bearing $106.2M13%Noninterest $16.4MQ2 2002Q2 2003

NIM

7.03%Q2 ’015.78%Q2 ’025.26%Q2 ’03-3%+1%

Non-interest income vs. expense

3.62%Q2 ’013.30%Q2 ’022.80%Q2 ’03-16%-23%

Executive Summary

  • Earnings: ROA of 0.83%, up 10 bps year over year; NIM at 3.55%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 75.32% of deposits as of Q2 2003.

Financial Results

Return on Assets (quarter, annualized)

0.83%+10 bps YoY

Net Interest Margin (quarter, annualized)

3.55%+5 bps YoY

Efficiency Ratio (quarter, annualized)

65.53%-1,463 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets0.73%1.23%0.95%0.87%0.83%+10 bps
Return on Equity7.77%13.36%10.03%10.05%9.96%+220 bps
Net Interest Margin3.50%3.43%3.57%3.47%3.55%+5 bps
Efficiency Ratio80.16%70.05%73.97%63.37%65.53%-1,463 bps
Non-Interest Burden2.68%2.13%2.46%1.86%2.07%-61 bps
Growth
Asset Growth (YoY)39.39%31.93%20.52%36.10%15.15%-2,424 bps
Loan Growth (YoY)30.21%30.62%40.66%28.84%23.98%-623 bps
Deposit Growth (YoY)43.76%34.45%20.37%37.91%16.29%-2,747 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.24%0.04%0.00%0 bps
Allowance / Loans1.11%1.03%0.92%0.94%0.94%-17 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 Capital15.17%14.27%13.32%12.58%13.21%-196 bps
Equity / Assets8.97%9.51%9.46%8.04%8.60%-37 bps
Liquidity & Funding
Loans / Deposits70.65%79.52%83.96%72.31%75.32%+467 bps
Liquid Assets / Assets11.06%7.33%5.55%14.12%6.18%-489 bps
CRE / Total Capitaln/an/an/an/an/an/an/a