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Nara Bank, National Association

Los Angeles, CA · Cert 27530

FDIC

Q3 2011

$3.0BAssets
$2.3BLoans
$2.3BDeposits
$412.5MEquity
Loan mix
64%RE $889.1M36%C&I $499.8M1%Consumer $9.6MQ3 2010Q3 2011
Deposit mix
80%Interest-bearing $1.8B20%Noninterest $0.5BQ3 2010Q3 2011

NIM

5.20%Q3 ’095.01%Q3 ’105.22%Q3 ’11+23%+11%

Non-interest income vs. expense

1.78%Q3 ’092.08%Q3 ’102.12%Q3 ’11-21%+43%

Executive Summary

  • Earnings: ROA of 1.43%, up 69 bps year over year; NIM at 4.22%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.55%.
  • Funding: loans stand at 101.12% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

1.43%+69 bps YoY

Net Interest Margin (quarter, annualized)

4.22%+43 bps YoY

Efficiency Ratio (quarter, annualized)

44.22%+97 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets0.75%0.93%1.02%0.95%1.43%+69 bps
Return on Equity5.85%7.27%7.75%7.08%10.55%+471 bps
Net Interest Margin3.79%3.91%4.00%4.07%4.22%+43 bps
Efficiency Ratio43.25%47.10%46.53%43.05%44.22%+97 bps
Non-Interest Burden1.10%1.56%1.55%1.17%1.57%+47 bps
Growth
Asset Growth (YoY)-7.09%-8.24%-4.95%2.30%1.06%+815 bps
Loan Growth (YoY)-0.53%-3.18%-0.73%2.83%5.73%+626 bps
Deposit Growth (YoY)-10.92%-10.70%-4.83%4.47%2.60%+1,352 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.91%1.32%0.77%2.46%0.55%-136 bps
Allowance / Loans2.93%2.87%2.89%2.68%2.61%-32 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 Capital17.23%17.28%17.33%17.33%17.70%+46 bps
Equity / Assets12.72%12.95%13.36%13.48%13.69%+97 bps
Liquidity & Funding
Loans / Deposits98.13%99.40%100.41%99.50%101.12%+299 bps
Liquid Assets / Assets6.91%5.02%3.83%4.77%4.74%-217 bps
CRE / Total Capitaln/an/an/an/an/an/an/a