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Emigrant Savings Bank - Bronx/Westchester

Bronx, NY · Cert 58170

FDIC

Q3 2012

$1.1BAssets
$253.1MLoans
$955.5MDeposits
$83.1MEquity
Deposit mix
95%Interest-bearing $909.2M5%Noninterest $46.3MQ3 2011Q3 2012

NIM

2.99%Q3 ’103.27%Q3 ’112.53%Q3 ’12+33%-24%

Non-interest income vs. expense

1.74%Q3 ’101.78%Q3 ’111.75%Q3 ’12+2%-1%

Executive Summary

  • Earnings: ROA of 0.07%, down 19 bps year over year; NIM at 1.64%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.98%.
  • Funding: loans stand at 26.49% of deposits as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

0.07%1-19 bps YoY

Net Interest Margin (YTD, annualized)

1.64%-53 bps YoY

Efficiency Ratio (YTD, annualized)

98.47%+2,197 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.26%0.25%0.10%1-0.04%0.07%1-19 bps
Return on Equity3.50%3.40%1.38%-0.55%0.97%-253 bps
Net Interest Margin2.17%2.10%1.86%1.75%1.64%-53 bps
Efficiency Ratio76.49%77.87%87.33%93.20%98.47%+2,197 bps
Non-Interest Burden1.62%1.59%1.61%1.62%1.61%-1 bps
Growth
Asset Growth (YoY)-1.19%-0.23%-0.16%0.48%1.66%+286 bps
Loan Growth (YoY)-14.23%-16.25%-16.92%-18.48%-17.86%-363 bps
Deposit Growth (YoY)-0.30%-0.16%-0.22%0.88%1.35%+165 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.40%0.51%0.97%1.13%0.98%+58 bps
Allowance / Loans1.04%1.05%1.09%1.23%1.31%+26 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 Capital25.90%27.92%29.02%28.98%27.98%+207 bps
Equity / Assets7.38%7.28%7.71%7.69%7.81%+43 bps
Liquidity & Funding
Loans / Deposits32.69%30.73%29.41%27.58%26.49%-620 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