PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rumson-Fair Haven Bank and Trust Company

Fair Haven, NJ · Cert 35381

FDIC

Q4 2013

$230.3MAssets
$149.4MLoans
$200.4MDeposits
$19.0MEquity
Loan mix
81%RE $94.9M19%C&I $21.9M0%Consumer $0.0MQ4 2012Q4 2013
Deposit mix
80%Interest-bearing $160.2M20%Noninterest $40.1MQ4 2012Q4 2013

NIM

2.96%Q4 ’113.64%Q4 ’123.62%Q4 ’13+38%+4%

Non-interest income vs. expense

2.03%Q4 ’112.42%Q4 ’123.40%Q4 ’13+18%+43%

Executive Summary

  • Earnings: ROA of -0.19%, down 64 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 74.55% of deposits as of Q4 2013.

Financial Results

Return on Assets (quarter, annualized)

-0.19%-64 bps YoY

Net Interest Margin (quarter, annualized)

3.00%+11 bps YoY

Efficiency Ratio (quarter, annualized)

100.48%+2,494 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.45%0.47%0.28%0.36%-0.19%-64 bps
Return on Equity5.29%5.70%3.42%4.11%-2.22%-751 bps
Net Interest Margin2.89%2.74%2.82%2.91%3.00%+11 bps
Efficiency Ratio75.54%77.02%82.93%79.63%100.48%+2,494 bps
Non-Interest Burden2.11%2.02%2.27%2.21%3.02%+91 bps
Growth
Asset Growth (YoY)-6.38%4.35%-4.99%3.42%8.29%+1,467 bps
Loan Growth (YoY)35.39%32.96%26.55%29.48%26.93%-846 bps
Deposit Growth (YoY)-8.15%4.56%-5.38%4.36%10.37%+1,852 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%-0.03%-0.03%-0.12%-0.02%+1 bps
Allowance / Loans1.30%1.28%1.25%1.21%1.17%-13 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 Capital11.38%11.88%11.40%11.26%11.39%0 bps
Equity / Assets8.69%7.92%8.78%8.87%8.24%-44 bps
Liquidity & Funding
Loans / Deposits64.83%60.95%72.13%77.09%74.55%+973 bps
Liquid Assets / Assets14.16%21.10%9.64%6.77%11.65%-251 bps
CRE / Total Capitaln/an/an/an/an/an/an/a