This excerpt taken from the ROMA 8-K filed Apr 22, 2009.
[Slide - DEPOSIT MIX CHARTS]
These pie charts compare the composition of deposits between 2008 and 2007. The chart shows that certificates gained the largest percentage increase, reflecting an industry trend. Certificates increased to 56.6% of the portfolio compared to 54.1% in 2007. However, of note, is that the savings component of the portfolio held its own, and the growth in certificates was controlled to some degree. Fewer certificate promotions were conducted since the market was quite active without requiring the same magnitude of promotional activity as in 2007. Additionally, while five branches were opened, at three, money market account promotions replaced the typical new branch certificate promotions.
Core deposit growth continues to benefit from commercial loan relationships, and, recently opened branches have been successful in attracting core deposits.
While the ratio of non-interest bearing checking accounts to total deposits remained relatively unchanged between the two years, there was a 13.4% increase of $2.3 million in non-interest deposits since 2007.