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Bankasiana

Palisades Park, NJ · Cert 58525

FDIC

Q3 2013

$204.5MAssets
$176.6MLoans
$162.5MDeposits
$29.8MEquity
Loan mix
48%RE $45.9M52%C&I $49.0M0%Consumer $0.0MQ3 2012Q3 2013
Deposit mix
75%Interest-bearing $122.1M25%Noninterest $40.4MQ3 2012Q3 2013

NIM

5.26%Q3 ’115.23%Q3 ’125.29%Q3 ’13+3%+3%

Non-interest income vs. expense

3.28%Q3 ’113.09%Q3 ’124.26%Q3 ’13+2%+89%

Executive Summary

  • Earnings: ROA of 0.60%, down 43 bps year over year; NIM at 4.51%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.08%.
  • Funding: loans stand at 108.73% of deposits as of Q3 2013.

Financial Results

Return on Assets (quarter, annualized)

0.60%-43 bps YoY

Net Interest Margin (quarter, annualized)

4.51%+13 bps YoY

Efficiency Ratio (quarter, annualized)

77.90%+2,389 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets1.03%1.27%0.82%1.16%0.60%-43 bps
Return on Equity7.43%8.86%5.76%8.26%4.20%-323 bps
Net Interest Margin4.38%4.34%4.17%4.30%4.51%+13 bps
Efficiency Ratio54.01%50.64%63.78%55.78%77.90%+2,389 bps
Non-Interest Burden1.75%1.33%2.33%1.72%3.30%+155 bps
Growth
Asset Growth (YoY)8.12%5.35%6.69%1.77%5.06%-306 bps
Loan Growth (YoY)10.83%3.62%12.99%13.23%12.42%+159 bps
Deposit Growth (YoY)9.42%7.63%6.75%0.66%4.86%-456 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.54%0.31%0.20%0.04%0.08%-46 bps
Allowance / Loans1.86%2.04%2.04%2.11%2.03%+17 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 Capital18.13%18.65%18.19%18.07%17.55%-58 bps
Equity / Assets14.39%14.31%13.98%14.10%14.56%+16 bps
Liquidity & Funding
Loans / Deposits101.42%99.01%98.78%100.55%108.73%+731 bps
Liquid Assets / Assets3.99%5.91%8.17%6.95%3.38%-61 bps
CRE / Total Capitaln/an/an/an/an/an/an/a