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First American Bank

Rosemead, CA · Cert 24308

FDIC

Q2 2005

$238.6MAssets
$104.7MLoans
$201.4MDeposits
$22.1MEquity
Loan mix
23%RE $9.5M77%C&I $31.4M0%Consumer $0.1MQ2 2004Q2 2005
Deposit mix
61%Interest-bearing $122.7M39%Noninterest $78.7MQ2 2004Q2 2005

NIM

5.24%Q2 ’034.57%Q2 ’044.76%Q2 ’05-10%+0%

Non-interest income vs. expense

3.90%Q2 ’033.43%Q2 ’042.97%Q2 ’05-13%-12%

Executive Summary

  • Earnings: ROA of 1.10%, up 16 bps year over year; NIM at 3.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
  • Funding: loans stand at 52.00% of deposits as of Q2 2005.

Financial Results

Return on Assets (YTD, annualized)

1.10%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.98%0 bps YoY

Efficiency Ratio (YTD, annualized)

64.10%-764 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005YoY ΔTrend
Earnings
Return on Assets0.93%0.95%1.03%0.92%1.10%+16 bps
Return on Equity10.18%10.41%11.30%10.57%12.33%+215 bps
Net Interest Margin3.98%3.86%3.91%4.06%3.98%0 bps
Efficiency Ratio71.74%71.20%70.05%69.71%64.10%-764 bps
Non-Interest Burden2.63%2.53%2.51%2.62%2.32%-31 bps
Growth
Asset Growth (YoY)9.66%6.43%9.98%12.14%9.01%-65 bps
Loan Growth (YoY)2.17%9.39%4.39%6.18%5.93%+375 bps
Deposit Growth (YoY)10.94%6.33%11.54%14.52%8.58%-236 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.16%-0.13%-0.13%-0.08%-0.04%+12 bps
Allowance / Loans1.58%1.43%1.49%1.44%1.45%-12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital17.66%17.15%17.36%17.01%17.97%+31 bps
Equity / Assets8.62%8.99%8.98%8.44%9.27%+65 bps
Liquidity & Funding
Loans / Deposits53.30%55.17%54.04%50.45%52.00%-130 bps
Liquid Assets / Assets0.02%0.01%0.02%0.02%0.01%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a