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Cupertino National Bank

Cupertino, CA · Cert 26254

FDIC

Q4 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2003, the quarter ended December 31, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Cupertino National Bank

Cupertino, CA · Cert 26254

FDIC

Q4 2003

$2.1BAssets
$1.6BLoans
$1.4BDeposits
$197.3MEquity
Loan mix
24%RE $73.6M70%C&I $214.9M6%Consumer $19.9MQ4 2002Q4 2003
Deposit mix
92%Interest-bearing $1.3B8%Noninterest $0.1BQ4 2002Q4 2003

NIM

6.58%Q4 ’017.06%Q4 ’026.68%Q4 ’03+26%+3%

Non-interest income vs. expense

2.09%Q4 ’013.01%Q4 ’023.82%Q4 ’03+38%+18%

Executive Summary

  • Earnings: ROA of 1.19%, up 18 bps year over year; NIM at 5.39%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.23%.
  • Funding: loans stand at 117.41% of deposits as of Q4 2003.

Financial Results

Return on Assets (YTD, annualized)

1.19%+18 bps YoY

Net Interest Margin (YTD, annualized)

5.39%+16 bps YoY

Efficiency Ratio (YTD, annualized)

57.24%+774 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets1.01%1.49%1.32%1.25%1.19%+18 bps
Return on Equity13.65%18.36%15.85%14.67%13.74%+9 bps
Net Interest Margin5.23%5.23%5.29%5.45%5.39%+16 bps
Efficiency Ratio49.50%58.35%58.59%57.22%57.24%+774 bps
Non-Interest Burden2.17%2.59%2.66%2.59%2.56%+39 bps
Growth
Asset Growth (YoY)5.95%-3.12%-6.49%-8.52%-6.42%-1,237 bps
Loan Growth (YoY)11.88%2.06%-2.78%-4.67%-7.15%-1,903 bps
Deposit Growth (YoY)-9.94%6.43%-3.04%3.48%13.19%+2,313 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.05%0.71%0.83%1.12%1.23%-81 bps
Allowance / Loans3.18%3.21%3.38%3.42%3.46%+27 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 Capital11.80%12.42%12.84%13.16%13.37%+156 bps
Equity / Assets7.81%8.39%8.89%9.02%9.32%+151 bps
Liquidity & Funding
Loans / Deposits143.13%125.15%120.96%118.10%117.41%-2,572 bps
Liquid Assets / Assets0.04%0.01%0.02%0.00%0.08%+4 bps
CRE / Total Capitaln/an/an/an/an/an/an/a