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Foothill Independent Bank

Glendora, CA · Cert 21104

FDIC

Q1 2006

$750.3MAssets
$546.2MLoans
$653.5MDeposits
$77.2MEquity
Loan mix
37%RE $19.6M62%C&I $32.6M1%Consumer $0.3MQ1 2005Q1 2006
Deposit mix
58%Interest-bearing $382.0M42%Noninterest $271.6MQ1 2005Q1 2006

NIM

5.04%Q1 ’045.05%Q1 ’055.77%Q1 ’06+0%+7%

Non-interest income vs. expense

3.23%Q1 ’043.07%Q1 ’053.35%Q1 ’06+0%+13%

Executive Summary

  • Earnings: ROA of 1.27%, down 14 bps year over year; NIM at 4.84%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 83.57% of deposits as of Q1 2006.

Financial Results

Return on Assets (quarter, annualized)

1.27%-14 bps YoY

Net Interest Margin (quarter, annualized)

4.84%+32 bps YoY

Efficiency Ratio (quarter, annualized)

61.73%+218 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets1.41%1.56%1.63%1.43%1.27%-14 bps
Return on Equity15.69%17.06%17.24%14.97%12.72%-298 bps
Net Interest Margin4.52%4.83%4.80%4.98%4.84%+32 bps
Efficiency Ratio59.55%58.48%54.97%52.04%61.73%+218 bps
Non-Interest Burden2.43%2.55%2.36%2.31%2.76%+33 bps
Growth
Asset Growth (YoY)10.51%7.31%6.23%1.44%-6.78%-1,728 bps
Loan Growth (YoY)10.99%8.35%6.46%9.27%5.57%-542 bps
Deposit Growth (YoY)9.79%7.04%6.23%-5.17%-8.97%-1,877 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.01%-0.02%-0.01%-0.02%-2 bps
Allowance / Loans0.97%0.98%0.99%0.92%0.93%-4 bps
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 Capital13.24%13.71%14.06%13.58%13.95%+71 bps
Equity / Assets8.87%9.39%9.53%9.62%10.29%+142 bps
Liquidity & Funding
Loans / Deposits72.06%71.52%71.59%82.11%83.57%+1,151 bps
Liquid Assets / Assets1.60%0.94%0.91%0.88%0.29%-131 bps
CRE / Total Capitaln/an/an/an/an/an/an/a