Fort Lee, NJ · Cert 58175
FDIC · 9 branches
Q4 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2019, the quarter ended December 31, 2019, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Fort Lee, NJ · Cert 58175
FDIC · 9 branches
Q4 2019
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2019 SOD (annual) · 0.0% share · #85 of 187 inst. · $0.8B of $1861.3B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 0.58% | 0.65% | 0.62% | 0.70% | 0.64% | 0.50% | 0.39% | -24 bps | |
| Return on Equity | 6.40% | 5.99% | 6.71% | 6.36% | 6.94% | 6.33% | 4.96% | 3.83% | -254 bps | |
| Net Interest Margin | 3.05% | 3.01% | 3.05% | 3.01% | 2.86% | 2.79% | 2.70% | 2.68% | -33 bps | |
| Efficiency Ratio | 69.10% | 70.29% | 67.67% | 69.60% | 69.42% | 70.84% | 74.50% | 77.42% | +782 bps | |
| Non-Interest Burden | 2.09% | 2.10% | 2.05% | 2.08% | 1.97% | 1.96% | 2.00% | 2.06% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.26% | 0.88% | 1.57% | -0.41% | 6.47% | 5.87% | 7.86% | 6.36% | +677 bps | |
| Loan Growth (YoY) | 5.66% | 9.60% | 7.27% | 6.19% | 6.88% | 5.58% | 7.27% | 2.08% | -411 bps | |
| Deposit Growth (YoY) | 0.49% | -1.51% | -0.45% | -6.54% | -2.11% | 0.93% | 3.49% | 5.71% | +1,225 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.35% | 1.99% | 1.55% | 1.34% | 1.25% | 1.27% | 1.35% | 2.32% | +99 bps | |
| Net Charge-Offs / Loans | 0.29% | 0.21% | 0.20% | 0.14% | 0.01% | 0.00% | 0.01% | -0.01% | -15 bps | |
| Allowance / Loans | 1.12% | 1.11% | 1.10% | 1.10% | 1.08% | 1.09% | 1.09% | 1.13% | +4 bps | |
| Allowance Coverage of NPLs | 0.5x | 0.6x | 0.7x | 0.8x | 0.9x | 0.9x | 0.8x | 0.5x | -0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.68% | 9.86% | 10.04% | 10.06% | 10.20% | 10.42% | 10.01% | 10.18% | +12 bps | |
| Total Risk-Based Capital | 12.05% | 11.93% | 12.14% | 12.26% | 12.10% | 12.48% | 12.34% | 12.81% | +55 bps | |
| Equity / Assets | 9.86% | 9.83% | 9.84% | 10.08% | 9.96% | 10.33% | 10.00% | 10.34% | +26 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.26% | 98.04% | 96.16% | 103.84% | 104.00% | 102.56% | 99.67% | 100.27% | -357 bps | |
| Liquid Assets / Assets | 7.51% | 6.94% | 9.93% | 7.40% | 8.16% | 8.73% | 10.67% | 11.22% | +382 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |