Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Investor Presentation (March 2009)
7 slides from Flagstar Bank, N.a's investor presentation, Mar 10, 2009
Slide 1: We are a leading financial institution in the competitive Metro New York/New Jersey region
New York Community Bancorp, Inc. Page 1 We are a leading financial institution in the competitive Metro New York/New Jersey region. Exhibit 99.1
Slide 2: Our balance sheet reflects superior asset quality measures
New York Community Bancorp, Inc. Page 2 At or for the Twelve Months Ended 12/31/08 Our balance sheet reflects superior asset quality measures . Asset Quality: NYB SNL Bank & Thrift Index NCOs / average loans NPLs / total loans NPAs / total assets
Slide 3: The quality of our loan portfolio has consistently exceeded that of our industry
New York Community Bancorp, Inc. Page 3 The quality of our loan portfolio has consistently exceeded that of our industry. SNL Bank & Thrift Index NYB
Slide 4: Net Charge-offs / Average Loans
New York Community Bancorp, Inc. Page 4 Net Charge-offs / Average Loans NYB Net charge - offs : -- $236,000 $21,000 $420,000 $6.1 million $431,000 We continue to be distinguished by our low level of net charge-offs. SNL Bank & Thrift Index NYB
Slide 5: NPLs / Total Loans and NCOs / Average Loans, 1989-2008
New York Community Bancorp, Inc. Page 5 For the Twelve Months Ended December 31, For the five years ended 12/31/93 – at the height of the last credit crisis – NCOs represented 0.18% of average loans. 1989 1990 1991 1992 1993 2008 NPLs / Total Loans NCOs / Average Loans Difference 146 bp 248 bp 206 b
Slide 6: While NPLs have increased, they represent a nominal percentage of our loan portfolio
New York Community Bancorp, Inc. Page 6 While NPLs have increased in the wake of the economic crisis, they represent a nominal percentage of our loan portfolio. Loan Type Non-Performing Loans as a Percent of Total Loans at December 31, 2008 Multi-family Commercial real estate 0.06 Acquisition, devel
Slide 7: Our operating efficiency ratio in 4Q 2008 was well below the SNL index
New York Community Bancorp, Inc. Page 7 Our operating efficiency ratio was in 4Q 2008, well below the SNL Bank and Thrift Index efficiency ratio of 70.41%. (b) Please see page 40 for a reconciliation of our GAAP and operating efficiency ratio. (b)
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