PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Charter One Commercial

Albany, NY · Cert 35318

FDIC

Q1 2002

$257.9MAssets
$481KLoans
$215.7MDeposits
$41.0MEquity
Deposit mix
100%Interest-bearing $215.0M0%Noninterest $0.7MQ1 2001Q1 2002

NIM

5.76%Q1 ’014.18%Q1 ’02+266%

Non-interest income vs. expense

0.40%Q1 ’010.50%Q1 ’02+23%

Executive Summary

  • Earnings: ROA of 1.23%, up 107 bps year over year; NIM at 2.45%.
  • Asset quality: problem loans at 0.00% of loans, with net charge-offs at 0.00%.
  • Funding: loans stand at 0.22% of deposits as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

1.23%+107 bps YoY

Net Interest Margin (YTD, annualized)

2.45%+178 bps YoY

Efficiency Ratio (YTD, annualized)

20.27%-4,008 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets0.16%0.24%0.56%0.71%1.23%+107 bps
Return on Equityn/an/an/an/a8.76%n/an/a
Net Interest Margin0.67%0.82%1.75%1.79%2.45%+178 bps
Efficiency Ratio60.35%54.55%34.72%29.48%20.27%-4,008 bps
Non-Interest Burden0.40%0.45%0.61%0.53%0.50%+9 bps
Growth
Asset Growth (YoY)58.91%5.49%0.50%-4.15%-45.71%-10,462 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)72.67%7.80%-1.14%-7.72%-50.48%-12,315 bps
Asset Quality
Nonperforming Loans / Loansn/a0.00%0.00%0.00%0.00%n/a
Net Charge-Offs / Loansn/a0.00%0.00%0.00%0.00%n/a
Allowance / Loansn/a0.00%0.00%0.00%0.00%n/a
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 Capital29.77%43.13%50.54%46.21%56.59%+2,683 bps
Equity / Assets7.80%12.74%15.98%12.64%15.89%+809 bps
Liquidity & Funding
Loans / Deposits0.00%0.04%0.04%0.17%0.22%+22 bps
Liquid Assets / Assets2.20%3.61%3.96%3.08%3.80%+160 bps
CRE / Total Capitaln/an/an/an/an/an/an/a