Westfield, NJ · Cert 34655
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.98% | 0.84% | 0.83% | 0.87% | 0.82% | 0.58% | 0.12% | -0.04% | -91 bps | |
| Return on Equity | 5.93% | 4.11% | 4.11% | 4.31% | 4.02% | 2.72% | 0.57% | -0.17% | -448 bps | |
| Net Interest Margin | 3.62% | 3.81% | 3.69% | 3.64% | 3.75% | 3.57% | 3.45% | 3.14% | -50 bps | |
| Efficiency Ratio | 49.63% | 60.27% | 58.64% | 57.26% | 59.35% | 69.05% | 74.13% | 81.76% | +2,450 bps | |
| Non-Interest Burden | 1.88% | 2.43% | 2.28% | 2.20% | 2.34% | 2.59% | 2.68% | 2.70% | +51 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 24.38% | 17.74% | 11.16% | 5.62% | 2.45% | -3.17% | -8.88% | -2.32% | -794 bps | |
| Loan Growth (YoY) | 17.84% | 18.60% | 9.17% | -0.97% | -2.68% | -4.17% | -5.95% | -2.66% | -169 bps | |
| Deposit Growth (YoY) | 9.28% | 3.66% | 10.72% | 7.41% | -1.34% | -8.40% | -12.87% | -1.51% | -892 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.12% | 1.12% | 1.15% | 1.16% | 1.16% | 1.17% | 1.59% | 1.69% | +53 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 | 11.29% | 11.46% | 11.84% | 12.30% | 12.42% | 12.87% | 13.58% | 11.99% | -32 bps | |
| Equity / Assets | 20.77% | 20.29% | 19.56% | 20.43% | 20.95% | 21.66% | 21.81% | 19.92% | -51 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.37% | 100.07% | 92.06% | 95.20% | 99.99% | 104.69% | 99.37% | 94.09% | -111 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |