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Hilltop Community Bank

Summit, NJ · Cert 35235

FDIC

Q3 2013

$165.9MAssets
$104.0MLoans
$139.5MDeposits
$20.9MEquity
Loan mix
88%RE $64.0M12%C&I $9.0M0%Consumer $0.0MQ3 2012Q3 2013
Deposit mix
93%Interest-bearing $130.0M7%Noninterest $9.4MQ3 2012Q3 2013

NIM

4.90%Q3 ’114.32%Q3 ’123.88%Q3 ’13-8%-7%

Non-interest income vs. expense

3.44%Q3 ’113.14%Q3 ’123.07%Q3 ’13-7%-3%

Executive Summary

  • Earnings: ROA of 0.57%, down 1 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.12%.
  • Funding: loans stand at 74.55% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.57%-1 bps YoY

Net Interest Margin (YTD, annualized)

3.54%-28 bps YoY

Efficiency Ratio (YTD, annualized)

81.75%+340 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.58%0.57%0.44%0.56%0.57%-1 bps
Return on Equity4.90%4.79%3.66%4.66%4.72%-18 bps
Net Interest Margin3.82%3.81%3.72%3.55%3.54%-28 bps
Efficiency Ratio78.34%77.78%82.52%82.21%81.75%+340 bps
Non-Interest Burden2.96%2.92%3.04%2.88%2.86%-10 bps
Growth
Asset Growth (YoY)9.25%7.05%-3.67%-2.92%-2.68%-1,192 bps
Loan Growth (YoY)0.40%-0.63%-0.89%-1.29%-5.18%-558 bps
Deposit Growth (YoY)12.60%9.71%-4.99%-4.14%-2.94%-1,554 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.78%0.59%0.35%0.17%-0.12%-89 bps
Allowance / Loans1.64%1.71%1.68%1.74%1.95%+32 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 Capital16.47%16.65%16.69%16.99%17.51%+104 bps
Equity / Assets12.23%11.75%12.50%11.84%12.57%+34 bps
Liquidity & Funding
Loans / Deposits76.31%72.01%75.82%71.65%74.55%-176 bps
Liquid Assets / Assets5.48%11.77%6.96%12.46%8.71%+323 bps
CRE / Total Capitaln/an/an/an/an/an/an/a