Santa Maria, CA · Cert 27166
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Santa Maria, CA · Cert 27166
FDIC
Q1 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.56% | 0.46% | 0.42% | 0.14% | 0.54% | -2 bps | |
| Return on Equity | 6.74% | 5.77% | 5.34% | 1.50% | 3.81% | -294 bps | |
| Net Interest Margin | 5.41% | 4.87% | 4.61% | 0.69% | 4.28% | -112 bps | |
| Efficiency Ratio | 89.75% | 90.84% | 90.76% | 78.54% | 71.85% | -1,790 bps | |
| Non-Interest Burden | 4.71% | 4.30% | 4.07% | 0.51% | 3.31% | -140 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 15.57% | 20.55% | 17.50% | 37.83% | 23.35% | +778 bps | |
| Loan Growth (YoY) | 11.28% | 7.22% | 1.70% | 0.70% | 4.83% | -645 bps | |
| Deposit Growth (YoY) | 16.14% | 21.80% | 18.58% | 29.87% | 14.25% | -189 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.18% | 0.16% | 0.12% | 0.00% | 0.15% | -3 bps | |
| Allowance / Loans | 1.03% | 1.08% | 1.15% | 1.20% | 1.08% | +6 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | |||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.66% | 10.77% | 11.11% | 10.58% | 10.37% | -28 bps | |
| Equity / Assets | 8.05% | 7.34% | 7.48% | 13.62% | 14.54% | +649 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 81.76% | 70.33% | 69.93% | 63.97% | 75.02% | -674 bps | |
| Liquid Assets / Assets | 0.14% | 0.13% | 0.13% | 0.15% | 0.16% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |