Houston, TX · Cert 1194
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Houston, TX · Cert 1194
FDIC
Q3 2008
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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.53% | -0.74% | -0.52% | -0.95% | -1.15% | -0.22% | -0.57% | -1.10% | -15 bps | |
| Return on Equity | -18.60% | -10.11% | -6.46% | -11.63% | -13.27% | -1.95% | -5.11% | -9.90% | +173 bps | |
| Net Interest Margin | 4.79% | 4.22% | 4.72% | 4.46% | 3.83% | 4.06% | 3.35% | 3.12% | -134 bps | |
| Efficiency Ratio | 118.10% | 115.87% | 106.91% | 108.22% | 109.86% | 85.89% | 96.89% | 103.99% | -423 bps | |
| Non-Interest Burden | 5.77% | 4.98% | 5.12% | 4.89% | 4.27% | 3.43% | 3.26% | 3.29% | -161 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 91.62% | 26.52% | -1.90% | 31.62% | 1.85% | 54.36% | 51.89% | 46.42% | +1,480 bps | |
| Loan Growth (YoY) | 87.81% | 27.49% | 16.71% | 36.46% | 47.75% | 74.94% | 82.36% | 64.90% | +2,844 bps | |
| Deposit Growth (YoY) | 89.38% | 31.74% | -3.99% | 36.98% | -4.08% | 48.47% | 48.47% | 39.56% | +257 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.12% | 0.07% | 0.33% | 0.36% | 0.12% | 0.08% | 0.25% | -8 bps | |
| Allowance / Loans | 1.12% | 1.08% | 1.10% | 1.10% | 1.09% | 1.09% | 1.10% | 1.24% | +15 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 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 | n/a | n/a | n/a |
| Total Risk-Based Capital | 8.46% | 9.05% | 10.55% | 8.75% | 10.97% | 11.63% | 11.47% | 11.20% | +246 bps | |
| Equity / Assets | 6.68% | 8.13% | 9.54% | 8.53% | 10.50% | 11.49% | 11.48% | 10.72% | +219 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.36% | 85.02% | 84.38% | 90.62% | 102.22% | 100.18% | 103.64% | 107.08% | +1,646 bps | |
| Liquid Assets / Assets | 10.53% | 2.67% | 0.36% | 0.58% | 0.01% | 0.02% | 0.05% | 0.01% | -57 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |