PackageTrendsPeer
Letter portraitLegal landscape

Bank of America, National Association (USA)

Phoenix, AZ · Cert 27595

FDIC

Q3 2006

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: Q3 2006, the quarter ended September 30, 2006, 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 2026-10-11

Bank of America, National Association (USA)

Phoenix, AZ · Cert 27595

FDIC

Q3 2006

$57.3BAssets
$56.5BLoans
$74.3MDeposits
$7.4BEquity
Loan mix
0%RE $0.0B9%C&I $5.0B91%Consumer $50.3BQ3 2005Q3 2006
Deposit mix
0%Interest-bearing $0.0M100%Noninterest $74.3MQ3 2005Q3 2006

NIM

11.62%Q3 ’0412.43%Q3 ’0516.05%Q3 ’06-4%+18%

Non-interest income vs. expense

2.28%Q3 ’043.27%Q3 ’053.83%Q3 ’06+57%-63%

Executive Summary

  • Earnings: ROA of 5.12%, up 249 bps year over year; NIM at 11.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.14%.
  • Funding: loans stand at 76143.39% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

5.12%+249 bps YoY

Net Interest Margin (YTD, annualized)

11.81%+183 bps YoY

Efficiency Ratio (YTD, annualized)

21.79%-8 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets2.63%2.13%3.90%5.01%5.12%+249 bps
Return on Equity22.37%18.58%35.18%43.31%43.01%+2,064 bps
Net Interest Margin9.99%9.89%10.82%11.29%11.81%+183 bps
Efficiency Ratio21.87%21.42%22.07%21.66%21.79%-8 bps
Non-Interest Burden-0.55%-0.54%-0.34%-0.89%-0.89%-35 bps
Growth
Asset Growth (YoY)45.21%41.78%14.59%-1.17%-4.12%-4,933 bps
Loan Growth (YoY)41.60%36.28%14.41%-2.10%-5.30%-4,689 bps
Deposit Growth (YoY)1328%1070%91.39%-12.25%-7.40%-133,494 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans5.25%6.03%4.28%4.81%5.14%-11 bps
Allowance / Loans5.56%5.49%5.73%5.90%5.43%-13 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 Capital12.05%11.46%12.28%12.99%13.87%+182 bps
Equity / Assets11.32%10.54%11.64%12.61%12.98%+166 bps
Liquidity & Funding
Loans / Deposits74451%86179%79454%72794%76143%+169,266 bps
Liquid Assets / Assets0.38%0.73%1.00%0.65%0.36%-3 bps
CRE / Total Capitaln/an/an/an/an/an/an/a