Middletown, NJ · Cert 35426
FDIC · 15 branches
Q4 2019
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Middletown, NJ · Cert 35426
FDIC · 15 branches
Q4 2019
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
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 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.07% | 1.07% | 1.08% | 1.11% | 1.04% | 1.09% | 0.99% | 0.78% | -33 bps | |
| Return on Equity | 9.51% | 9.45% | 9.58% | 9.77% | 9.20% | 9.61% | 8.70% | 6.81% | -296 bps | |
| Net Interest Margin | 3.49% | 3.46% | 3.44% | 3.39% | 3.46% | 3.39% | 3.34% | 3.34% | -5 bps | |
| Efficiency Ratio | 59.74% | 60.28% | 60.16% | 59.87% | 58.42% | 58.48% | 61.64% | 68.10% | +823 bps | |
| Non-Interest Burden | 1.84% | 1.84% | 1.82% | 1.79% | 1.82% | 1.77% | 1.87% | 2.11% | +31 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.78% | 7.40% | 8.62% | 5.44% | 9.47% | 9.24% | 5.55% | 2.23% | -321 bps | |
| Loan Growth (YoY) | 14.05% | 11.38% | 10.43% | 8.12% | 8.67% | 6.86% | 6.52% | 3.23% | -489 bps | |
| Deposit Growth (YoY) | 8.94% | 8.73% | 10.22% | 6.55% | 10.25% | 10.34% | 6.41% | 2.38% | -417 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.23% | 0.22% | 0.15% | 0.15% | 0.41% | 0.14% | 0.14% | 0.17% | +2 bps | |
| Net Charge-Offs / Loans | 0.05% | 0.02% | 0.01% | 0.00% | 0.10% | 0.05% | 0.03% | 0.03% | +2 bps | |
| Allowance / Loans | 1.25% | 1.25% | 1.26% | 1.24% | 1.22% | 1.22% | 1.23% | 1.23% | -1 bps | |
| Allowance Coverage of NPLs | 5.6x | 5.8x | 8.2x | 8.2x | 3.0x | 8.7x | 8.8x | 7.1x | -1.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.74% | 9.82% | 9.96% | 9.95% | 10.03% | 9.99% | 10.07% | 10.13% | +18 bps | |
| Total Risk-Based Capital | 11.83% | 11.95% | 12.16% | 12.26% | 12.16% | 12.31% | 12.47% | 12.68% | +42 bps | |
| Equity / Assets | 11.30% | 11.41% | 11.37% | 11.46% | 11.24% | 11.33% | 11.55% | 11.79% | +33 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.02% | 100.93% | 99.26% | 100.20% | 98.59% | 97.74% | 99.36% | 101.04% | +84 bps | |
| Liquid Assets / Assets | 7.00% | 6.20% | 8.04% | 6.53% | 8.12% | 8.15% | 6.54% | 5.88% | -65 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |