Buffalo, NY · Charter 60637
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Buffalo, NY · Charter 60637
Q4 2003
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.93% | 0.90% | 0.80% | 0.81% | 0.74% | 0.88% | 0.84% | 0.65% | -16 bps | |
| Return on Equity | 6.77% | 6.71% | 5.86% | 5.83% | 5.45% | 6.32% | 5.82% | 4.46% | -137 bps | |
| Net Interest Margin | 3.60% | 3.14% | 3.08% | 3.11% | 2.97% | 3.21% | 3.25% | 3.25% | +15 bps | |
| Efficiency Ratio | 68.18% | 71.75% | 73.22% | 72.65% | 76.91% | 74.42% | 75.52% | 79.64% | +699 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.15% | 3.19% | 6.36% | 6.26% | 9.25% | 1.38% | -0.21% | -0.06% | -631 bps | |
| Loan Growth (YoY) | 0.61% | -11.96% | -15.51% | -13.05% | -7.31% | 7.21% | 23.73% | 33.77% | +4,682 bps | |
| Share Growth (YoY) | 0.15% | 1.19% | 5.40% | 5.19% | 10.33% | 1.11% | -0.73% | -0.29% | -549 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.71% | 0.30% | 1.19% | 0.58% | 1.40% | 0.66% | 0.55% | 0.39% | -19 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.85% | 0.85% | 0.97% | 0.98% | 0.98% | 0.59% | 0.62% | 0.61% | -37 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 13.72% | 13.35% | 13.60% | 13.83% | 13.51% | 13.95% | 14.46% | 14.48% | +65 bps | |
| Net Worth / Assets | 13.72% | 13.35% | 13.60% | 13.83% | 13.51% | 13.95% | 14.46% | 14.48% | +65 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 34.02% | 30.60% | 31.31% | 30.12% | 28.58% | 32.44% | 39.02% | 40.42% | +1,029 bps | |
| Liquid Assets / Assets | 17.01% | 41.88% | 27.65% | 35.38% | 28.93% | 27.99% | 15.94% | 20.97% | -1,441 bps | |