Vernon, NY · Cert 7334
FDIC
Q1 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2007, the quarter ended March 31, 2007, 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.
Vernon, NY · Cert 7334
FDIC
Q1 2007
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 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.40% | -0.64% | -0.33% | -0.29% | -0.73% | +66 bps | |
| Return on Equity | -12.58% | -5.85% | -3.01% | -2.72% | -6.83% | +575 bps | |
| Net Interest Margin | 3.78% | 3.71% | 3.68% | 3.63% | 3.44% | -34 bps | |
| Efficiency Ratio | 102.20% | 99.93% | 99.90% | 103.86% | 125.14% | +2,294 bps | |
| Non-Interest Burden | 3.87% | 3.71% | 3.67% | 3.79% | 4.59% | +72 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.44% | 2.51% | 3.96% | 3.77% | 0.83% | -261 bps | |
| Loan Growth (YoY) | -7.93% | -10.57% | -13.27% | -14.06% | -15.57% | -763 bps | |
| Deposit Growth (YoY) | 5.55% | 4.81% | 4.81% | 4.55% | 0.73% | -482 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.71% | 1.07% | 0.74% | 0.64% | -0.03% | -74 bps | |
| Allowance / Loans | 3.38% | 3.15% | 3.05% | 3.14% | 3.28% | -10 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | |||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 22.08% | 22.59% | 22.93% | 23.96% | 23.82% | +174 bps | |
| Equity / Assets | 10.75% | 10.64% | 10.41% | 10.82% | 10.70% | -5 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 58.24% | 56.42% | 51.06% | 50.66% | 48.82% | -942 bps | |
| Liquid Assets / Assets | 3.03% | 2.95% | 2.62% | 2.61% | 2.51% | -52 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |