PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hudson River Commercial Bank

Cohoes, NY · Cert 57474

FDIC

Q4 2004

$37.0MAssets
n/aLoans
$20.2MDeposits
$4.4MEquity
Deposit mix
96%Interest-bearing $19.4M4%Noninterest $0.8MQ4 2003Q4 2004

NIM

2.45%Q1 ’032.65%Q4 ’032.95%Q4 ’04+41%+11%

Non-interest income vs. expense

0.60%Q1 ’030.49%Q4 ’030.39%Q4 ’04-19%-20%

Executive Summary

  • Earnings: ROA of 0.97%, up 21 bps year over year; NIM at 1.84%.
  • Funding: loans stand at 0.00% of deposits as of Q4 2004.

Financial Results

Return on Assets (quarter, annualized)

0.97%+21 bps YoY

Net Interest Margin (quarter, annualized)

1.84%+19 bps YoY

Efficiency Ratio (quarter, annualized)

21.11%-821 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets0.76%1.20%1.03%1.04%0.97%+21 bps
Return on Equity8.09%9.94%9.20%10.28%8.80%+71 bps
Net Interest Margin1.66%1.72%1.94%1.91%1.84%+19 bps
Efficiency Ratio29.32%21.02%21.43%19.70%21.11%-821 bps
Non-Interest Burden0.49%0.36%0.42%0.38%0.39%-10 bps
Growth
Asset Growth (YoY)0.10%-10.76%66.76%8.30%31.82%+3,172 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)1786%107.82%135.09%45.45%23.55%-176,261 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 Capital55.96%64.41%51.29%53.37%60.22%+427 bps
Equity / Assets11.05%12.95%9.71%10.42%11.77%+72 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a