PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Minotola National Bank

Vineland, NJ · Cert 6480

FDIC

Q1 2006

$632.0MAssets
$495.7MLoans
$545.7MDeposits
$81.6MEquity
Loan mix
62%RE $89.8M38%C&I $55.0M0%Consumer $0.4MQ2 2004Q1 2006
Deposit mix
74%Interest-bearing $404.6M26%Noninterest $141.0MQ2 2004Q1 2006

Executive Summary

  • Earnings: ROA of 0.93%, down 6 bps year over year; NIM at 4.33%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 90.85% of deposits as of Q1 2006.

Return on Assets (YTD, annualized)

0.93%-6 bps YoY

Net Interest Margin (YTD, annualized)

4.33%-21 bps YoY

Efficiency Ratio (YTD, annualized)

70.72%-22 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.18%Q1 ’045.37%Q1 ’055.63%Q1 ’06+3%-5%

Non-interest income vs. expense

3.69%Q1 ’043.83%Q1 ’053.74%Q1 ’06+7%-6%

Year to date, annualized, through each quarter.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets1.24%1.28%1.23%1.00%1.03%1.09%1.03%0.93%-6 bps
Return on Equity9.48%9.73%9.27%7.59%7.88%8.33%7.91%7.26%-34 bps
Net Interest Margin4.46%4.45%4.49%4.53%4.47%4.38%4.39%4.33%-21 bps
Efficiency Ratio65.25%64.91%66.25%70.94%69.69%68.51%69.90%70.72%-22 bps
Non-Interest Burden2.55%2.51%2.62%2.98%2.82%2.66%2.76%2.79%-19 bps
Growth
Asset Growth (YoY)3.31%0.05%2.31%5.26%3.35%5.60%7.27%3.77%-150 bps
Loan Growth (YoY)10.87%12.07%12.70%13.36%10.21%7.75%3.05%0.29%-1,307 bps
Deposit Growth (YoY)1.96%-1.12%0.96%5.59%3.21%6.58%9.06%3.77%-182 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.02%0.02%0.00%0.02%0.02%0.02%0.13%+13 bps
Allowance / Loans1.11%1.11%1.08%1.03%1.02%1.03%1.04%0.98%-4 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital15.91%16.45%15.94%15.47%15.58%15.94%16.15%16.15%+68 bps
Equity / Assets12.98%13.46%13.31%12.94%13.04%12.95%12.81%12.91%-3 bps
Liquidity & Funding
Loans / Deposits90.17%90.99%94.49%94.00%96.28%91.99%89.29%90.85%-316 bps
Liquid Assets / Assets1.15%1.01%0.91%0.65%0.54%0.61%0.55%0.37%-28 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a