South San Francisco, CA · Cert 23754
FDIC · 3 branches
Q2 2022
Market Position · Santa Cruz-Watsonville, CA · 2022 SOD (annual) · 1.7% share · #9 of 12 inst. · $0.1B of $8.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.44% | 0.09% | 0.21% | 0.33% | 0.26% | 0.10% | 0.28% | 0.41% | +7 bps | |
| Return on Equity | 3.75% | 0.70% | 1.71% | 2.71% | 2.14% | 0.84% | 2.32% | 3.48% | +78 bps | |
| Net Interest Margin | 3.25% | 2.86% | 3.16% | 3.14% | 2.90% | 2.94% | 3.01% | 3.06% | -8 bps | |
| Efficiency Ratio | 79.85% | 96.65% | 91.08% | 86.06% | 85.78% | 95.54% | 87.57% | 82.26% | -380 bps | |
| Non-Interest Burden | 2.56% | 2.75% | 2.86% | 2.67% | 2.46% | 2.80% | 2.61% | 2.45% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.64% | 3.95% | 2.62% | -4.47% | -0.60% | 1.51% | 6.37% | 1.84% | +632 bps | |
| Loan Growth (YoY) | 6.14% | -0.26% | 5.80% | -10.64% | -7.69% | -0.49% | -2.21% | 2.84% | +1,348 bps | |
| Deposit Growth (YoY) | 12.29% | 4.82% | 2.66% | -5.13% | -0.63% | 1.16% | 7.57% | 2.48% | +761 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 1.44% | 1.31% | 1.52% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.32% | 1.35% | 1.35% | 1.44% | 1.46% | 1.38% | 1.40% | 1.42% | -2 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | 1.0x | 1.1x | 0.9x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.79% | 11.96% | 12.38% | 12.51% | 12.28% | 12.22% | 12.25% | 12.00% | -52 bps | |
| Total Risk-Based Capital | 11.79% | 11.96% | 12.38% | 12.51% | 12.28% | 12.22% | 12.25% | 12.00% | -52 bps | |
| Equity / Assets | 12.02% | 12.49% | 12.35% | 12.38% | 12.16% | 12.35% | 11.46% | 11.92% | -46 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.45% | 86.53% | 85.30% | 79.79% | 78.46% | 85.13% | 77.54% | 80.07% | +27 bps | |
| Liquid Assets / Assets | 11.56% | 9.91% | 8.22% | 13.44% | 9.19% | 0.99% | 5.65% | 2.80% | -1,064 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |