PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Coast Commercial Bank

Santa Cruz, CA · Cert 23681

FDIC

Q4 2003

$605.1MAssets
$236.3MLoans
$442.2MDeposits
$38.7MEquity
Loan mix
63%RE $39.2M35%C&I $21.7M2%Consumer $0.9MQ1 2002Q4 2003
Deposit mix
92%Interest-bearing $405.4M8%Noninterest $36.8MQ1 2002Q4 2003

Executive Summary

  • Earnings: ROA of 0.89%, down 23 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Funding: loans stand at 53.44% of deposits as of Q4 2003.

Return on Assets (quarter, annualized)

0.89%-23 bps YoY

Net Interest Margin (quarter, annualized)

3.54%+12 bps YoY

Efficiency Ratio (quarter, annualized)

64.05%+473 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.54%Q4 ’014.76%Q4 ’024.44%Q4 ’03-22%+3%

Non-interest income vs. expense

2.97%Q4 ’013.17%Q4 ’022.69%Q4 ’03-21%+25%

Discrete quarter, annualized.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets1.06%1.03%1.94%1.13%0.61%0.87%0.40%0.89%-23 bps
Return on Equity16.34%17.93%32.80%18.27%9.49%13.21%6.00%13.83%-444 bps
Net Interest Margin4.12%4.25%3.80%3.42%3.33%3.23%3.06%3.54%+12 bps
Efficiency Ratio62.61%63.67%57.03%59.32%81.76%70.32%77.51%64.05%+473 bps
Non-Interest Burden2.29%2.52%1.74%1.71%2.67%2.11%2.29%2.13%+42 bps
Growth
Asset Growth (YoY)30.30%23.02%17.56%2.70%1.43%-2.90%-6.97%3.44%+74 bps
Loan Growth (YoY)-0.19%2.86%3.16%11.76%7.76%3.27%2.42%-2.25%-1,401 bps
Deposit Growth (YoY)11.24%26.37%26.40%15.13%20.50%10.84%7.05%11.79%-334 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.08%1.05%0.10%0.18%0.25%0.11%-94 bps
Allowance / Loans2.55%2.54%2.50%2.06%2.04%2.04%2.07%2.04%-2 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital14.88%14.97%15.22%15.67%15.33%15.67%15.80%15.72%+5 bps
Equity / Assets5.61%5.86%5.95%6.42%6.42%6.80%6.53%6.40%-2 bps
Liquidity & Funding
Loans / Deposits64.84%58.21%55.69%61.12%57.99%54.23%53.28%53.44%-768 bps
Liquid Assets / Assets0.05%0.01%0.01%0.01%0.06%0.07%0.11%0.00%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a