PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Warwick Commercial Bank, The

Warwick, NY · Cert 57202

FDIC

Q3 2004

$11.1MAssets
n/aLoans
$7.8MDeposits
$3.4MEquity
Deposit mix
94%Interest-bearing $7.3M6%Noninterest $0.5MQ3 2003Q3 2004

NIM

2.81%Q3 ’023.09%Q3 ’033.36%Q3 ’04+10%+43%

Non-interest income vs. expense

0.77%Q3 ’020.58%Q3 ’031.01%Q3 ’04-23%+74%

Executive Summary

  • Earnings: ROA of 1.00%, up 36 bps year over year; NIM at 2.70%.
  • Funding: loans stand at 0.00% of deposits as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

1.00%+36 bps YoY

Net Interest Margin (YTD, annualized)

2.70%+81 bps YoY

Efficiency Ratio (YTD, annualized)

37.50%+668 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.64%0.69%1.23%1.03%1.00%+36 bps
Return on Equity5.25%5.25%6.15%4.70%4.24%-101 bps
Net Interest Margin1.89%2.06%2.64%2.46%2.70%+81 bps
Efficiency Ratio30.82%32.65%28.57%35.47%37.50%+668 bps
Non-Interest Burden0.58%0.67%0.75%0.87%1.01%+43 bps
Growth
Asset Growth (YoY)33.69%25.50%-68.45%-49.16%-43.97%-7,766 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)26.85%16.94%-80.61%-39.97%-47.08%-7,393 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital79.40%87.78%107.41%71.36%135.60%+5,620 bps
Equity / Assets16.30%18.10%22.16%27.41%30.28%+1,398 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets11.37%12.04%14.19%14.12%14.61%+324 bps
CRE / Total Capitaln/an/an/an/an/an/an/a