Merrick, NY · Cert 58419
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Merrick, NY · Cert 58419
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.79% | -2.79% | -2.33% | -2.17% | -2.83% | -2.99% | -2.78% | -4.84% | -266 bps | |
| Return on Equity | -6.85% | -24.52% | -20.18% | -18.63% | -25.25% | -28.27% | -27.45% | -50.79% | -3,215 bps | |
| Net Interest Margin | 3.03% | 2.94% | 2.91% | 3.07% | 2.47% | 2.31% | 2.26% | 2.36% | -71 bps | |
| Efficiency Ratio | 118.73% | 129.70% | 141.00% | 146.45% | 204% | 199.60% | 202% | 204% | +5,793 bps | |
| Non-Interest Burden | 3.61% | 3.89% | 4.19% | 4.62% | 5.17% | 4.83% | 4.86% | 5.12% | +49 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.10% | -10.83% | -10.32% | -17.56% | -6.18% | -6.27% | -5.72% | -9.00% | +855 bps | |
| Loan Growth (YoY) | -17.56% | -37.62% | -37.17% | -31.73% | -36.71% | -29.67% | -23.88% | -23.86% | +786 bps | |
| Deposit Growth (YoY) | 1.80% | -9.89% | -12.73% | -21.23% | -5.96% | -5.73% | -3.14% | -2.72% | +1,851 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.13% | 7.03% | 4.89% | 3.98% | 0.68% | 0.93% | 0.68% | 3.06% | -92 bps | |
| Allowance / Loans | 1.96% | 2.21% | 2.33% | 2.01% | 2.16% | 2.72% | 2.78% | 2.11% | +10 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 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 | n/a | n/a | n/a |
| Total Risk-Based Capital | 16.14% | 16.49% | 16.48% | 17.43% | 16.45% | 18.34% | 17.49% | 15.59% | -184 bps | |
| Equity / Assets | 11.64% | 11.15% | 12.03% | 12.19% | 10.33% | 9.35% | 8.65% | 6.78% | -541 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.96% | 66.56% | 70.16% | 75.38% | 59.20% | 49.65% | 55.14% | 59.00% | -1,639 bps | |
| Liquid Assets / Assets | 10.43% | 0.83% | 5.82% | 5.24% | 13.99% | 12.77% | 9.85% | 1.35% | -389 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |