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Mid-Peninsula Bank

Palo Alto, CA · Cert 27068

FDIC

Q4 2007

$6.5BAssets
$5.1BLoans
$4.0BDeposits
$1.4BEquity
Loan mix
50%RE $1.9B49%C&I $1.9B1%Consumer $0.0BQ4 2006Q4 2007
Deposit mix
92%Interest-bearing $3.7B8%Noninterest $0.3BQ4 2006Q4 2007

NIM

5.85%Q4 ’056.34%Q4 ’061.55%Q4 ’07-7%-76%

Non-interest income vs. expense

2.87%Q4 ’052.81%Q4 ’060.70%Q4 ’07+6%-73%

Executive Summary

  • Earnings: ROA of 0.26%, down 120 bps year over year; NIM at 0.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 125.26% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

0.26%-120 bps YoY

Net Interest Margin (YTD, annualized)

0.98%-310 bps YoY

Efficiency Ratio (YTD, annualized)

55.01%-222 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets1.45%0.92%1.02%0.88%0.26%-120 bps
Return on Equity13.67%8.89%9.77%8.42%2.03%-1,164 bps
Net Interest Margin4.08%3.75%3.77%3.68%0.98%-310 bps
Efficiency Ratio57.23%68.16%64.96%67.60%55.01%-222 bps
Non-Interest Burden1.98%2.32%2.18%2.29%0.53%-145 bps
Growth
Asset Growth (YoY)3.88%4.11%0.03%0.42%-6.57%-1,045 bps
Loan Growth (YoY)3.77%3.73%5.82%6.47%3.00%-76 bps
Deposit Growth (YoY)2.82%4.59%2.57%3.96%-26.27%-2,910 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.12%0.09%0.11%0.16%0.07%-6 bps
Allowance / Loans1.39%1.34%1.27%1.23%1.63%+24 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 Capital14.50%14.43%14.24%14.21%12.11%-239 bps
Equity / Assets10.46%10.34%10.41%10.61%21.61%+1,115 bps
Liquidity & Funding
Loans / Deposits89.66%88.83%93.04%94.30%125.26%+3,560 bps
Liquid Assets / Assets6.44%6.28%6.16%5.98%0.00%-644 bps
CRE / Total Capitaln/an/an/an/an/an/an/a