PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Emigrant Savings Bank - Brooklyn/Queens

Brooklyn, NY · Cert 58169

FDIC

Q3 2012

$811.5MAssets
$239.9MLoans
$720.2MDeposits
$65.5MEquity
Deposit mix
95%Interest-bearing $681.8M5%Noninterest $38.3MQ3 2011Q3 2012

NIM

3.57%Q3 ’103.29%Q3 ’112.40%Q3 ’12-1%-30%

Non-interest income vs. expense

1.72%Q3 ’101.70%Q3 ’111.83%Q3 ’12-3%+14%

Executive Summary

  • Earnings: ROA of 0.06%, down 8 bps year over year; NIM at 1.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 33.30% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

0.06%1-8 bps YoY

Net Interest Margin (quarter, annualized)

1.49%-63 bps YoY

Efficiency Ratio (quarter, annualized)

118.74%+4,346 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.14%0.25%0.28%-0.12%0.06%1-8 bps
Return on Equity1.82%3.34%3.63%-1.45%0.79%-103 bps
Net Interest Margin2.12%2.01%2.04%1.73%1.49%-63 bps
Efficiency Ratio75.28%75.47%75.16%95.69%118.74%+4,346 bps
Non-Interest Burden1.56%1.49%1.50%1.66%1.78%+22 bps
Growth
Asset Growth (YoY)0.99%-0.67%0.72%-0.56%1.59%+59 bps
Loan Growth (YoY)-9.26%-10.34%-12.33%-13.66%-14.34%-508 bps
Deposit Growth (YoY)0.30%-0.61%0.39%0.42%0.81%+51 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.28%0.71%0.75%1.03%0.32%+5 bps
Allowance / Loans1.21%1.21%1.26%1.35%1.34%+12 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 Capital26.64%26.61%28.73%28.94%28.40%+175 bps
Equity / Assets7.61%7.52%7.98%8.00%8.07%+46 bps
Liquidity & Funding
Loans / Deposits39.20%38.59%36.50%34.29%33.30%-589 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