Merced, CA · Cert 22574
FDIC
Q4 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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 0.57% | 0.82% | -0.14% | 0.50% | -0.88% | -4.02% | -4.91% | -477 bps | |
| Return on Equity | 11.08% | 6.95% | 9.92% | -1.69% | 6.58% | -11.78% | -58.65% | -78.01% | -7,633 bps | |
| Net Interest Margin | 3.65% | 3.80% | 3.72% | 3.61% | 3.94% | 3.93% | 3.95% | 4.31% | +70 bps | |
| Efficiency Ratio | 69.96% | 73.39% | 71.60% | 78.73% | 82.17% | 106.21% | 102.19% | 107.48% | +2,875 bps | |
| Non-Interest Burden | 2.37% | 2.60% | 2.45% | 2.71% | 3.14% | 4.26% | 5.67% | 6.08% | +337 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.63% | 4.51% | 1.70% | 6.46% | 12.42% | 9.33% | -4.42% | -17.80% | -2,426 bps | |
| Loan Growth (YoY) | 5.71% | 9.50% | 7.72% | 22.02% | 21.58% | 9.53% | 1.37% | -13.45% | -3,547 bps | |
| Deposit Growth (YoY) | 8.87% | 2.21% | -3.08% | 2.51% | -0.68% | 5.18% | -6.97% | -21.01% | -2,352 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% | 0.04% | 0.33% | 0.66% | 0.24% | 2.97% | 2.63% | 4.09% | +343 bps | |
| Allowance / Loans | 1.15% | 1.35% | 1.12% | 2.39% | 2.42% | 2.07% | 2.55% | 2.95% | +56 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 | 11.05% | 10.92% | 10.74% | 9.94% | 9.92% | 9.17% | 8.41% | 6.53% | -340 bps | |
| Equity / Assets | 8.46% | 8.23% | 8.44% | 7.61% | 7.67% | 7.01% | 4.93% | 3.61% | -401 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.61% | 85.65% | 88.31% | 89.19% | 97.46% | 89.20% | 96.23% | 97.72% | +853 bps | |
| Liquid Assets / Assets | 8.99% | 8.62% | 8.13% | 7.48% | 7.26% | 0.01% | 0.01% | 0.01% | -746 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |