Long Branch, NJ · Cert 34612
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Long Branch, NJ · Cert 34612
FDIC
Q3 2010
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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.24%1 | -8.73% | -5.64% | -4.36% | 0.54% | 0.68% | 0.61% | +625 bps | |
| Return on Equity | 4.07% | 1.60% | -65.46% | -44.33% | -35.40% | 4.96% | 6.21% | 5.58% | +4,991 bps | |
| Net Interest Margin | 3.25% | 3.24% | 2.97% | 3.17% | 3.15% | 3.32% | 3.35% | 3.27% | +10 bps | |
| Efficiency Ratio | 73.00% | 76.44% | 77.18% | 75.41% | 79.40% | 77.22% | 71.34% | 74.07% | -134 bps | |
| Non-Interest Burden | 2.36% | 2.49% | 11.04% | 8.50% | 7.11% | 2.56% | 2.30% | 2.36% | -614 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.06% | 9.52% | 13.05% | 4.09% | -3.60% | -0.92% | -4.34% | 2.09% | -200 bps | |
| Loan Growth (YoY) | 14.43% | 12.63% | 14.18% | 9.56% | 4.89% | 2.40% | -3.70% | -5.33% | -1,488 bps | |
| Deposit Growth (YoY) | 3.85% | 7.93% | 9.49% | 13.18% | 11.71% | 5.94% | 4.50% | 2.93% | -1,024 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 | 0.00% | 0.77% | 0.31% | 0.20% | 0.35% | 0.34% | 0.37% | 0.25% | +5 bps | |
| Allowance / Loans | 1.31% | 1.98% | 2.02% | 2.28% | 2.54% | 2.51% | 2.46% | 2.48% | +20 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 | 15.24% | 14.66% | 13.16% | 14.23% | 14.00% | 14.33% | 14.43% | 13.72% | -51 bps | |
| Equity / Assets | 14.70% | 15.20% | 10.19% | 10.86% | 10.65% | 10.93% | 11.17% | 11.01% | +15 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.29% | 84.04% | 84.63% | 82.68% | 81.02% | 81.24% | 77.99% | 76.05% | -663 bps | |
| Liquid Assets / Assets | 2.45% | 2.08% | 1.73% | 1.70% | 1.25% | 6.52% | 6.19% | 4.94% | +324 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |