PackageTrendsPeer
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Bank One, Arizona, National Association

Phoenix, AZ · Cert 15025

FDIC

Q3 2001

$23.2BAssets
$14.3BLoans
$13.0BDeposits
$1.9BEquity
Loan mix
32%RE $2.2B39%C&I $2.7B29%Consumer $2.0BQ3 2000Q3 2001
Deposit mix
72%Interest-bearing $9.3B28%Noninterest $3.7BQ3 2000Q3 2001

NIM

8.26%Q1 ’017.59%Q2 ’017.55%Q3 ’01+1%+7%

Non-interest income vs. expense

4.40%Q1 ’014.75%Q2 ’014.79%Q3 ’01+13%-72%

Executive Summary

  • Earnings: ROA of 2.18%, up 227 bps year over year; NIM at 4.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.83%.
  • Funding: loans stand at 109.41% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

2.18%+227 bps YoY

Net Interest Margin (quarter, annualized)

4.98%

Efficiency Ratio (quarter, annualized)

50.59%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets-0.09%-0.36%2.01%1.65%2.18%+227 bps
Return on Equityn/an/an/a21.07%27.42%n/a
Net Interest Marginn/an/a4.58%4.64%4.98%n/a
Efficiency Ration/an/a54.68%57.02%50.59%n/a
Non-Interest Burdenn/an/a0.93%1.06%0.30%n/a
Growth
Asset Growth (YoY)1.96%4.77%-0.54%1.27%-0.88%-284 bps
Loan Growth (YoY)6.66%-0.36%1.43%-6.12%-4.43%-1,108 bps
Deposit Growth (YoY)0.96%-14.63%-20.75%-19.23%-17.74%-1,870 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a1.14%1.62%1.83%n/a
Allowance / Loansn/an/a1.93%2.10%2.43%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/a11.51%12.99%12.62%n/a
Equity / Assetsn/an/a7.88%7.76%8.13%n/a
Liquidity & Funding
Loans / Deposits94.17%107.85%110.81%104.20%109.41%+1,524 bps
Liquid Assets / Assets0.00%0.00%1.42%1.47%2.15%+215 bps
CRE / Total Capitaln/an/an/an/an/an/an/a