Livingston, NJ · Cert 58574
FDIC · 11 branches
Q2 2023
Market Position · New York-Newark-Jersey City, NY-NJ · 2023 SOD (annual) · 0.0% share · #107 of 156 inst. · $0.4B of $2583.1B
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 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.63% | 0.70% | 0.69% | 2.77% | 1.58% | +95 bps | |
| Return on Equity | 6.16% | 6.65% | 6.36% | 22.55% | 12.62% | +646 bps | |
| Net Interest Margin | 3.01% | 3.16% | 3.35% | 3.30% | 3.53% | +52 bps | |
| Efficiency Ratio | 69.98% | 67.80% | 69.12% | 47.92% | 65.23% | -475 bps | |
| Non-Interest Burden | 2.05% | 2.11% | 2.27% | 1.53% | 2.26% | +21 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -6.53% | -14.80% | -14.10% | -12.96% | -14.18% | -764 bps | |
| Loan Growth (YoY) | -8.57% | -6.51% | -4.63% | -1.14% | -1.05% | +752 bps | |
| Deposit Growth (YoY) | -6.94% | -16.80% | -16.40% | -16.37% | -17.88% | -1,094 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.06% | 0.33% | 0.15% | 0.15% | 0.10% | +4 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.63% | 1.64% | 1.63% | 1.17% | 1.20% | -43 bps | |
| Allowance Coverage of NPLs | 28.8x | 4.9x | 10.5x | 7.6x | 12.1x | -16.7x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.85% | 11.28% | 11.78% | 12.43% | 13.35% | +251 bps | |
| Total Risk-Based Capital | 10.85% | 11.28% | 11.78% | 12.43% | 13.35% | +251 bps | |
| Equity / Assets | 10.62% | 11.60% | 11.85% | 12.71% | 13.11% | +249 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 72.66% | 78.67% | 80.92% | 86.40% | 87.55% | +1,489 bps | |
| Liquid Assets / Assets | 28.96% | 21.60% | 20.83% | 18.08% | 16.11% | -1,285 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |