Emigrant Savings Bank - Bronx/Westchester

Bronx, NY · Cert 58170

FDIC

Q3 2012

$1.1BAssets

$253.1MLoans

$955.5MDeposits

$83.1MEquity

Deposit mix

NIM

Earnings: ROA of 0.30%, up 15 bps year over year; NIM at 1.40%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.57%.
Funding: loans stand at 26.49% of deposits as of Q3 2012.

Return on Assets (quarter, annualized)

0.30%¹+15 bps YoY

Net Interest Margin (quarter, annualized)

1.40%-60 bps YoY

Efficiency Ratio (quarter, annualized)

111.84%+3,382 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	0.16%	0.23%	0.10%¹	-0.19%	0.30%¹	+15 bps
Return on Equity	2.06%	3.09%	1.38%	-2.41%	3.91%	+185 bps
Net Interest Margin	2.00%	1.86%	1.86%	1.67%	1.40%	-60 bps
Efficiency Ratio	78.01%	82.37%	87.33%	99.75%	111.84%	+3,382 bps
Non-Interest Burden	1.52%	1.48%	1.61%	1.66%	1.58%	+6 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 / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.56%	0.78%	0.97%	1.25%	0.57%	0 bps
Allowance / Loans	1.04%	1.05%	1.09%	1.23%	1.31%	+26 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	25.90%	27.92%	29.02%	28.98%	27.98%	+207 bps
Equity / Assets	7.38%	7.28%	7.71%	7.69%	7.81%	+43 bps
Liquidity & Funding
Loans / Deposits	32.69%	30.73%	29.41%	27.58%	26.49%	-620 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a