Tempe, AZ · Cert 21643
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Tempe, AZ · Cert 21643
FDIC
Q1 2004
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 8.02% | 11.45% | 15.28% | 15.41% | 15.97% | 16.58% | 25.15% | 0.40% | -1,500 bps | |
| Return on Equity | 68.13% | 91.24% | 117.52% | 118.91% | 120.71% | 114.20% | 127.82% | 0.49% | -11,842 bps | |
| Net Interest Margin | 2.46% | 2.39% | 2.17% | 1.59% | 1.44% | 1.24% | 1.55% | 0.90% | -69 bps | |
| Efficiency Ratio | 71.51% | 64.08% | 55.73% | 62.48% | 62.27% | 62.18% | 51.57% | 23.01% | -3,947 bps | |
| Non-Interest Burden | -10.78% | -15.64% | -20.95% | -22.90% | -27.10% | -27.04% | -53.21% | 0.21% | +2,311 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 31.26% | 18.43% | 25.91% | 19.31% | 2.34% | 18.22% | -66.76% | -69.23% | -8,854 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | -100.00% | n/a | n/a |
| Deposit Growth (YoY) | 0.00% | 0.00% | 0.00% | -20.00% | -20.00% | -20.00% | -99.50% | -99.37% | -7,937 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | |
| Allowance / Loans | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | |
| 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 | 171.43% | 328% | 196.35% | 138.69% | 119.17% | 151.62% | 409% | 408% | +26,973 bps | |
| Equity / Assets | 10.94% | 15.08% | 14.59% | 11.45% | 13.81% | 18.60% | 82.13% | 82.17% | +7,072 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | -10,000 bps | |
| Liquid Assets / Assets | 40.26% | 47.38% | 43.78% | 5.39% | 7.87% | 2.22% | 0.42% | 0.35% | -503 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |