La Jolla, CA · Cert 27330
FDIC · 2 branches
Q2 2024
Market Position · San Diego-Chula Vista-Carlsbad, CA · 2023 SOD (annual) · 0.8% share · #15 of 45 inst. · $0.9B of $121.7B
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 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -23.00% | -19.13% | -17.70% | -55.83% | -61.48% | -3,848 bps | |
| Return on Equity | -328% | -240% | -192.23% | -75.16% | -84.46% | +24,380 bps | |
| Net Interest Margin | 4.81% | 4.54% | 6.79% | 3.01% | 1.68% | -313 bps | |
| Efficiency Ratio | n/a | n/a | n/a | 1952% | 1150% | n/a | |
| Non-Interest Burden | 36.13% | 33.21% | 47.72% | 58.87% | 60.90% | +2,477 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -91.83% | -93.95% | -97.63% | -86.36% | -84.23% | +761 bps | |
| Loan Growth (YoY) | -99.99% | -100.00% | -100.00% | -100.00% | -100.00% | -1 bps | |
| Deposit Growth (YoY) | -92.99% | -95.36% | -100.00% | -100.00% | -100.00% | -701 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | n/a | n/a | n/a | n/a | n/a | |
| Net Charge-Offs / Loans | 67111% | 118116% | n/a | n/a | n/a | n/a | |
| Allowance / Loans | 0.00% | n/a | n/a | n/a | n/a | n/a | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 14.03% | 19.63% | 36.59% | 67.38% | 55.28% | +4,125 bps | |
| Total Risk-Based Capital | 1539% | 5319% | 387% | 336% | 345% | -119,342 bps | |
| Equity / Assets | 16.64% | 23.38% | 79.39% | 68.93% | 68.91% | +5,228 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 0.02% | 0.00% | 0.00% | 0.00% | n/a | n/a | |
| Liquid Assets / Assets | 96.22% | 96.67% | 93.67% | 95.91% | 94.08% | -213 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |