Somerset, NJ · Cert 58782
FDIC · 3 branches
Q1 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2016, the quarter ended March 31, 2016, 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.
Somerset, NJ · Cert 58782
FDIC · 3 branches
Q1 2016
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2015 SOD (annual) · 0.0% share · #187 of 219 inst. · $0.1B of $1502.0B
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 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.13% | -0.14% | -0.46% | -0.55% | -1.18% | -130 bps | |
| Return on Equity | 1.35% | -1.56% | -5.09% | -6.05% | -12.83% | -1,418 bps | |
| Net Interest Margin | 3.69% | 3.54% | 3.66% | 3.64% | 3.71% | +2 bps | |
| Efficiency Ratio | 94.53% | 94.19% | 98.75% | 103.61% | 127.98% | +3,346 bps | |
| Non-Interest Burden | 3.43% | 3.27% | 3.60% | 3.79% | 4.93% | +150 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 14.62% | 12.02% | 4.98% | 1.23% | -12.00% | -2,662 bps | |
| Loan Growth (YoY) | 15.74% | 15.36% | 4.78% | -0.21% | -0.82% | -1,656 bps | |
| Deposit Growth (YoY) | 16.32% | 13.14% | 5.68% | 1.85% | -12.26% | -2,859 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.21% | 0.16% | 0.00% | -1 bps | |
| Allowance / Loans | 1.18% | 1.33% | 1.39% | 1.43% | 1.47% | +28 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.47% | 9.04% | 9.05% | 8.83% | 9.14% | -33 bps | |
| Total Risk-Based Capital | 12.12% | 11.67% | 11.31% | 11.68% | 12.17% | +5 bps | |
| Equity / Assets | 9.00% | 8.94% | 8.88% | 8.99% | 9.36% | +36 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 89.65% | 94.74% | 95.33% | 97.03% | 101.34% | +1,169 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 |