Odessa, TX · Cert 22482
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Odessa, TX · Cert 22482
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.43% | 2.35% | 2.34% | 1.91% | 2.13% | 0.00% | 0.40% | 1.37% | -54 bps | |
| Return on Equity | 26.80% | 25.58% | 25.74% | 21.90% | 25.74% | -0.01% | 5.18% | 19.72% | -218 bps | |
| Net Interest Margin | 3.36% | 3.49% | 3.28% | 3.09% | 3.05% | 2.90% | 2.63% | 2.27% | -82 bps | |
| Efficiency Ratio | 32.01% | 35.88% | 38.21% | 47.03% | 45.96% | 47.96% | 49.86% | 58.37% | +1,134 bps | |
| Non-Interest Burden | -0.37% | 0.28% | 0.53% | 1.24% | 1.23% | 1.23% | 1.17% | 1.22% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.05% | 0.82% | 16.54% | 16.20% | 15.44% | 22.07% | 7.52% | 4.53% | -1,167 bps | |
| Loan Growth (YoY) | 14.69% | 10.63% | 7.20% | 5.08% | -3.86% | -3.89% | 9.22% | 3.77% | -131 bps | |
| Deposit Growth (YoY) | 5.98% | 0.04% | 18.11% | 15.62% | 14.39% | 27.56% | 10.63% | 9.80% | -582 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 | 0.89% | 0.60% | 0.47% | -0.04% | -0.42% | -1.00% | -0.84% | -0.01% | +3 bps | |
| Allowance / Loans | 1.48% | 1.49% | 1.51% | 1.46% | 1.38% | 1.33% | 1.12% | 0.97% | -48 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 | 14.50% | 14.91% | 16.02% | 15.63% | 15.64% | 16.14% | 15.78% | 13.77% | -186 bps | |
| Equity / Assets | 9.25% | 9.46% | 8.76% | 8.66% | 7.46% | 6.85% | 7.35% | 6.48% | -218 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.88% | 62.24% | 51.84% | 53.51% | 52.84% | 46.90% | 51.18% | 50.57% | -294 bps | |
| Liquid Assets / Assets | 3.97% | 2.67% | 8.70% | 3.62% | 3.19% | 42.08% | 38.24% | 36.75% | +3,313 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |