Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Investor Presentation (February 2009)
9 slides from Flagstar Bank, N.a's investor presentation, Feb 4, 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 4Q 2008 performance was our strongest in several quarters
New York Community Bancorp, Inc. Page 2 Our 4Q 2008 performance was our strongest in several quarters. Please see pages 34 and 35 for a reconciliation of our GAAP and operating earnings. (b) Please see pages 36 and 37 for a reconciliation of our net interest income (GAAP) and adjusted net interest i
Slide 3: Our balance sheet reflects superior asset quality measures
New York Community Bancorp, Inc. Page 3 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 4: The quality of our loan portfolio has consistently exceeded that of our industry
New York Community Bancorp, Inc. Page 4 The quality of our loan portfolio has consistently exceeded that of our industry. SNL Bank & Thrift Index NYB
Slide 5: Net Charge-offs / Average Loans
New York Community Bancorp, Inc. Page 5 Net Charge-offs / Average Loans 2003 2004 2005 2006 2007 2008 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 6: The quality of our assets reflects our multi-family lending niche and strong underwriting
New York Community Bancorp, Inc. Page 6 The quality of our assets reflects the nature of our multi-family lending niche and our strong underwriting standards. Conservative loan-to-value (“LTV”) ratios Minimum debt coverage ratio: 120%, except for CRE loans (130%) All loans approved by the Mortgage a
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 71.53%. (b) Please see page 38 for a reconciliation of our GAAP and operating efficiency ratio. (b)
Slide 8: Our Franchise
New York Community Bancorp, Inc. Page 8 Our Franchise Largely reflecting our acquisition strategy, we currently have 161 locations in New York and 54 in New Jersey. New York Community Bank Traditional branches In-store branches Campus branches Customer convenience centers Subtotal New York Commercia
Slide 9: Deposit market share by county
New York Community Bancorp, Inc. Page 9 NASSAU COUNTY, NY QUEENS COUNTY, NY SUFFOLK COUNTY, NY RICHMOND COUNTY, NY ESSEX COUNTY, NJ (dollars in thousands) Rank Institution Deposits Market Share JPMorgan Chase & Co. $11,479,033 Citigroup Inc. 7,371,145 14.42 Capital One Financial Corp. 6,250,802 12.2
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