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Grand Bank, National Association

Hamilton, NJ · Cert 57274

FDIC · 2 branches

Q2 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: Q2 2019, the quarter ended June 30, 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

Grand Bank, National Association

Hamilton, NJ · Cert 57274

FDIC · 2 branches

Q2 2019

$200.4MAssets
$155.1MLoans
$173.6MDeposits
$22.3MEquity
Loan mix
88%RE $102.0M11%C&I $13.0M0%Consumer $0.5MQ2 2018Q2 2019
Deposit mix
74%Interest-bearing $129.0M26%Noninterest $44.7MQ2 2018Q2 2019

NIM

4.47%Q2 ’174.79%Q2 ’185.04%Q2 ’19+6%+2%

Non-interest income vs. expense

3.90%Q2 ’173.78%Q2 ’183.96%Q2 ’19-9%+5%

Market Position · Trenton-Princeton, NJ · 2019 SOD (annual) · 1.0% share · #14 of 26 inst. · $0.2B of $17.4B

Executive Summary

  • Earnings: ROA of 0.01%, down 65 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 1.99% of loans (-103 bps YoY), with net charge-offs at 0.78%.
  • Capital: tier 1 leverage ratio of 11.11%, up 75 bps from a year ago.
  • Funding: loans stand at 89.30% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

0.01%-65 bps YoY

Net Interest Margin (YTD, annualized)

3.92%+6 bps YoY

Efficiency Ratio (YTD, annualized)

87.34%+260 bps YoY

Tier 1 Leverage Ratio

11.11%+75 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets0.67%0.93%0.48%0.17%0.01%-65 bps
Return on Equity6.52%8.99%4.57%1.47%0.12%-640 bps
Net Interest Margin3.86%4.09%4.15%3.78%3.92%+6 bps
Efficiency Ratio84.74%80.77%84.39%96.10%87.34%+260 bps
Non-Interest Burden3.17%3.19%3.36%3.60%3.34%+17 bps
Growth
Asset Growth (YoY)2.31%-0.76%-8.51%-5.08%-6.11%-843 bps
Loan Growth (YoY)-2.17%-6.73%-6.97%-7.10%-8.09%-591 bps
Deposit Growth (YoY)1.61%-2.08%-14.20%-9.22%-7.03%-864 bps
Asset Quality
Nonperforming Loans / Loans3.03%2.76%2.30%3.25%1.99%-103 bps
Net Charge-Offs / Loans-0.01%0.07%0.46%-0.04%0.78%+79 bps
Allowance / Loans1.30%1.23%1.22%1.27%1.25%-5 bps
Allowance Coverage of NPLs0.4x0.4x0.5x0.4x0.6x+0.2x
Capital
Tier 1 Leverage Ratio10.36%10.81%10.94%11.02%11.11%+75 bps
Total Risk-Based Capital15.74%16.57%16.60%17.02%17.34%+160 bps
Equity / Assets10.25%10.88%11.27%11.35%11.11%+86 bps
Liquidity & Funding
Loans / Deposits90.33%89.49%100.53%96.72%89.30%-103 bps
Liquid Assets / Assets14.20%13.85%9.60%10.62%14.48%+28 bps
CRE / Total Capitaln/an/an/an/an/an/an/a