North Brunswick, NJ · Cert 34690
FDIC
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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.
North Brunswick, NJ · Cert 34690
FDIC
Q4 2002
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 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.03%1 | 0.14%1 | -2.85% | -6.52% | -0.54% | -1.15% | -1.07% | -1.41% | +512 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | -15.61% | -32.96% | -30.34% | -40.85% | n/a | |
| Net Interest Margin | 3.02% | 3.15% | 3.21% | 3.27% | 3.71% | 3.56% | 3.50% | 3.44% | +17 bps | |
| Efficiency Ratio | 82.51% | 82.85% | 94.22% | 109.91% | 113.95% | 132.20% | 134.45% | 143.77% | +3,386 bps | |
| Non-Interest Burden | 2.21% | 2.33% | 2.96% | 3.64% | 4.24% | 4.68% | 4.77% | 5.03% | +139 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 39.22% | 11.22% | 14.10% | -0.40% | -5.14% | -7.73% | -11.41% | -11.68% | -1,128 bps | |
| Loan Growth (YoY) | 26.74% | 28.98% | 25.52% | 18.40% | 7.27% | -37.35% | -42.33% | -51.18% | -6,959 bps | |
| Deposit Growth (YoY) | 45.12% | 13.73% | 21.20% | 8.73% | 3.95% | -0.24% | -6.88% | -11.29% | -2,001 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 | 1.24% | 1.24% | 2.24% | 2.69% | 3.73% | 8.31% | 10.41% | 10.07% | +738 bps | |
| Allowance / Loans | 1.11% | 1.01% | 2.60% | 6.72% | 6.27% | 7.23% | 3.99% | 3.70% | -302 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 | 14.86% | 14.22% | 11.40% | 6.11% | 6.27% | 7.27% | 6.58% | 6.24% | +13 bps | |
| Equity / Assets | 10.27% | 10.36% | 7.97% | 3.55% | 3.40% | 3.53% | 3.57% | 3.15% | -40 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.74% | 80.38% | 79.28% | 79.16% | 76.09% | 50.48% | 49.11% | 43.56% | -3,560 bps | |
| Liquid Assets / Assets | 6.32% | 10.61% | 9.45% | 8.86% | 8.13% | 20.54% | 22.82% | 21.60% | +1,274 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |