PackageTrendsPeer
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Waterford Village Bank

Williamsville, NY · Cert 58065

FDIC

Q2 2009

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 2009, the quarter ended June 30, 2009, 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

Waterford Village Bank

Williamsville, NY · Cert 58065

FDIC

Q2 2009

$55.7MAssets
$43.1MLoans
$56.1MDeposits
$-685KEquity
Loan mix
89%RE $30.8M8%C&I $2.7M3%Consumer $1.1MQ2 2008Q2 2009
Deposit mix
97%Interest-bearing $54.3M3%Noninterest $1.9MQ2 2008Q2 2009

NIM

3.65%Q2 ’073.75%Q2 ’084.11%Q2 ’09-74%+105%

Non-interest income vs. expense

15.08%Q2 ’076.44%Q2 ’087.08%Q2 ’09-58%+9%

Executive Summary

  • Earnings: ROA of -6.36%, down 205 bps year over year; NIM at 1.19%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.19%.
  • Funding: loans stand at 76.69% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-6.36%-205 bps YoY

Net Interest Margin (YTD, annualized)

1.19%+61 bps YoY

Efficiency Ratio (YTD, annualized)

544%-51,903 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-4.31%-4.22%-9.52%-3.34%-6.36%-205 bps
Return on Equity-38.59%-40.14%-110.54%-213%-935%-89,677 bps
Net Interest Margin0.58%0.80%1.01%1.37%1.19%+61 bps
Efficiency Ratio1063%763%654%317%544%-51,903 bps
Non-Interest Burden6.42%6.31%7.11%4.58%6.97%+56 bps
Growth
Asset Growth (YoY)194.72%70.31%48.36%10.83%-12.64%-20,736 bps
Loan Growth (YoY)639%421%190.14%111.97%37.66%-60,162 bps
Deposit Growth (YoY)307%96.31%71.29%23.18%-3.65%-31,096 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.22%0.00%1.19%+119 bps
Allowance / Loans0.98%1.03%1.07%1.09%0.98%-1 bps
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 Capital10.88%6.93%3.72%2.42%-1.75%-1,263 bps
Equity / Assets8.30%8.58%1.99%1.15%-1.23%-953 bps
Liquidity & Funding
Loans / Deposits53.68%79.47%76.45%82.81%76.69%+2,301 bps
Liquid Assets / Assets4.87%0.00%0.00%0.00%0.00%-487 bps
CRE / Total Capitaln/an/an/an/an/an/an/a