PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Alger National Trust Company

Morristown, NJ · Cert 57385

FDIC

Q1 2006

$6.2MAssets
n/aLoans
n/aDeposits
$5.9MEquity

Executive Summary

  • Earnings: ROA of 2.67%, up 79 bps year over year; NIM at 4.10%.

Return on Assets (quarter, annualized)

2.67%+79 bps YoY

Net Interest Margin (quarter, annualized)

4.10%+193 bps YoY

Efficiency Ratio (quarter, annualized)

43.85%-1,427 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

0.85%Q1 ’042.17%Q1 ’054.10%Q1 ’06+156%+89%

Non-interest income vs. expense

6.00%Q1 ’044.61%Q1 ’053.71%Q1 ’06+32%+44%

Discrete quarter, annualized.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets3.33%1.57%2.91%1.88%1.26%1.18%2.29%2.67%+79 bps
Return on Equity3.39%1.61%3.00%1.94%1.31%1.24%2.40%2.79%+85 bps
Net Interest Margin0.84%1.94%1.03%2.17%2.67%3.12%3.63%4.10%+193 bps
Efficiency Ratio25.86%65.55%33.91%58.12%61.11%73.28%45.22%43.85%-1,427 bps
Non-Interest Burden-5.16%-0.90%-4.19%-1.15%0.33%1.06%-0.53%-0.65%+50 bps
Growth
Asset Growth (YoY)4.18%5.73%3.95%4.45%4.67%3.60%3.01%3.04%-141 bps
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital98.80%97.48%97.40%96.98%95.75%96.11%96.05%98.32%+133 bps
Equity / Assets98.09%97.13%96.79%96.77%95.60%95.52%95.60%95.67%-111 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a