Fair Haven, NJ · Cert 35381
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Fair Haven, NJ · Cert 35381
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.26% | 0.28% | 0.43%1 | 0.44%1 | 0.47% | 0.38% | 0.38% | 0.23% | -21 bps | |
| Return on Equity | 3.56% | 3.71% | 5.61% | 5.52% | 5.70% | 4.56% | 4.40% | 2.73% | -279 bps | |
| Net Interest Margin | 2.50% | 2.44% | 2.48% | 2.72% | 2.74% | 2.72% | 2.79% | 2.77% | +5 bps | |
| Efficiency Ratio | 83.89% | 88.41% | 90.22% | 86.29% | 77.02% | 80.10% | 79.93% | 85.40% | -90 bps | |
| Non-Interest Burden | 2.06% | 2.13% | 2.21% | 2.30% | 2.02% | 2.11% | 2.15% | 2.30% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.69% | 3.96% | -2.17% | -6.38% | 4.35% | -4.99% | 3.42% | 8.29% | +1,467 bps | |
| Loan Growth (YoY) | 19.61% | 30.28% | 34.54% | 35.39% | 32.96% | 26.55% | 29.48% | 26.93% | -846 bps | |
| Deposit Growth (YoY) | 14.52% | 4.28% | -2.81% | -8.15% | 4.56% | -5.38% | 4.36% | 10.37% | +1,852 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 | -0.04% | -0.04% | -0.03% | -0.03% | -0.03% | -0.03% | -0.06% | -0.05% | -2 bps | |
| Allowance / Loans | 1.46% | 1.34% | 1.32% | 1.30% | 1.28% | 1.25% | 1.21% | 1.17% | -13 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 | 11.62% | 11.12% | 11.28% | 11.38% | 11.88% | 11.40% | 11.26% | 11.39% | 0 bps | |
| Equity / Assets | 7.60% | 7.67% | 8.47% | 8.69% | 7.92% | 8.78% | 8.87% | 8.24% | -44 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 47.93% | 53.93% | 62.13% | 64.83% | 60.95% | 72.13% | 77.09% | 74.55% | +973 bps | |
| Liquid Assets / Assets | 17.73% | 15.59% | 11.89% | 14.16% | 21.10% | 9.64% | 6.77% | 11.65% | -251 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |