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Two River Community Bank

Middletown, NJ · Cert 35426

FDIC · 15 branches

Q4 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2019, the quarter ended December 31, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Two River Community Bank

Middletown, NJ · Cert 35426

FDIC · 15 branches

Q4 2019

$1.1BAssets
$952.6MLoans
$942.9MDeposits
$132.1MEquity
Loan mix
91%RE $595.6M9%C&I $59.6M0%Consumer $0.4MQ4 2018Q4 2019
Deposit mix
80%Interest-bearing $755.6M20%Noninterest $187.3MQ4 2018Q4 2019

NIM

3.75%Q4 ’174.04%Q4 ’184.29%Q4 ’19+2%-1%

Non-interest income vs. expense

2.32%Q4 ’172.30%Q4 ’182.52%Q4 ’19+1%+17%

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2019 SOD (annual) · 0.1% share · #74 of 187 inst. · $1.0B of $1861.3B

3.2% Monmouth
0.7% Union
0.0% Essex

Executive Summary

  • Earnings: ROA of 0.78%, down 33 bps year over year; NIM at 3.34%.
  • Asset quality: problem loans at 0.17% of loans (+2 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 10.13%, up 18 bps from a year ago.
  • Funding: loans stand at 101.04% of deposits as of Q4 2019.

Financial Results

Return on Assets (YTD, annualized)

0.78%-33 bps YoY

Net Interest Margin (YTD, annualized)

3.34%-5 bps YoY

Efficiency Ratio (YTD, annualized)

68.10%+823 bps YoY

Tier 1 Leverage Ratio

10.13%+18 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets1.11%1.04%1.09%0.99%0.78%-33 bps
Return on Equity9.77%9.20%9.61%8.70%6.81%-296 bps
Net Interest Margin3.39%3.46%3.39%3.34%3.34%-5 bps
Efficiency Ratio59.87%58.42%58.48%61.64%68.10%+823 bps
Non-Interest Burden1.79%1.82%1.77%1.87%2.11%+31 bps
Growth
Asset Growth (YoY)5.44%9.47%9.24%5.55%2.23%-321 bps
Loan Growth (YoY)8.12%8.67%6.86%6.52%3.23%-489 bps
Deposit Growth (YoY)6.55%10.25%10.34%6.41%2.38%-417 bps
Asset Quality
Nonperforming Loans / Loans0.15%0.41%0.14%0.14%0.17%+2 bps
Net Charge-Offs / Loans0.00%0.10%0.05%0.03%0.03%+2 bps
Allowance / Loans1.24%1.22%1.22%1.23%1.23%-1 bps
Allowance Coverage of NPLs8.2x3.0x8.7x8.8x7.1x-1.1x
Capital
Tier 1 Leverage Ratio9.95%10.03%9.99%10.07%10.13%+18 bps
Total Risk-Based Capital12.26%12.16%12.31%12.47%12.68%+42 bps
Equity / Assets11.46%11.24%11.33%11.55%11.79%+33 bps
Liquidity & Funding
Loans / Deposits100.20%98.59%97.74%99.36%101.04%+84 bps
Liquid Assets / Assets6.53%8.12%8.15%6.54%5.88%-65 bps
CRE / Total Capitaln/an/an/an/an/an/an/a