Middletown, NY · Cert 57145
FDIC · 7 branches
Q4 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2018, the quarter ended December 31, 2018, 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, NY · Cert 57145
FDIC · 7 branches
Q4 2018
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2018 SOD (annual) · 0.0% share · #117 of 201 inst. · $0.4B of $1824.0B
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 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.53% | 0.76% | 0.80% | 0.51% | 0.17% | -1.41% | -0.72% | -0.30% | -81 bps | |
| Return on Equity | 4.79% | 6.70% | 6.98% | 4.38% | 1.43% | -12.72% | -6.61% | -2.84% | -722 bps | |
| Net Interest Margin | 3.32% | 3.36% | 3.43% | 3.37% | 3.35% | 3.34% | 3.32% | 3.27% | -11 bps | |
| Efficiency Ratio | 68.37% | 67.64% | 67.02% | 69.01% | 81.45% | 81.20% | 79.45% | 78.54% | +953 bps | |
| Non-Interest Burden | 2.19% | 2.18% | 2.21% | 2.25% | 2.68% | 2.67% | 2.60% | 2.52% | +27 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.79% | 7.50% | 4.18% | -4.52% | -0.22% | 7.44% | 10.32% | 11.40% | +1,591 bps | |
| Loan Growth (YoY) | 16.05% | 13.20% | 4.76% | -2.87% | 3.86% | 10.92% | 22.41% | 20.04% | +2,291 bps | |
| Deposit Growth (YoY) | 17.00% | 9.81% | 6.76% | -4.12% | -0.03% | 10.28% | 11.54% | 8.42% | +1,254 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.44% | 2.14% | 2.04% | 1.85% | 1.66% | 1.52% | 1.41% | 3.49% | +164 bps | |
| Net Charge-Offs / Loans | 0.23% | 0.64% | 0.48% | 0.39% | 0.40% | 1.54% | 0.97% | 0.70% | +31 bps | |
| Allowance / Loans | 1.53% | 1.23% | 1.24% | 1.20% | 1.21% | 2.08% | 2.00% | 1.87% | +67 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.6x | 0.6x | 0.6x | 0.7x | 1.4x | 1.4x | 0.5x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.96% | 11.43% | 12.00% | 11.97% | 11.76% | 10.71% | 10.62% | 10.55% | -141 bps | |
| Total Risk-Based Capital | 15.16% | 15.76% | 17.06% | 16.20% | 15.59% | 14.13% | 13.82% | 13.69% | -251 bps | |
| Equity / Assets | 11.11% | 11.89% | 12.24% | 11.93% | 11.32% | 10.13% | 10.07% | 10.30% | -163 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.63% | 85.37% | 80.44% | 84.51% | 84.81% | 85.87% | 88.28% | 93.57% | +906 bps | |
| Liquid Assets / Assets | 1.42% | 1.06% | 4.52% | 2.90% | 1.30% | 1.34% | 0.77% | 1.55% | -135 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |