PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Citibank USA

Wilmington, DE · Cert 27606

FDIC

Q4 2001

$2.4BAssets
$2.3BLoans
$9.7MDeposits
$215.8MEquity
Deposit mix
13%Interest-bearing $1.2M87%Noninterest $8.5MQ4 2000Q4 2001

NIM

9.12%Q1 ’0112.27%Q3 ’0111.54%Q4 ’01+73%-2%

Non-interest income vs. expense

3.94%Q1 ’015.25%Q3 ’015.00%Q4 ’01+37%-7%

Executive Summary

  • Earnings: ROA of -2.06%, down 281 bps year over year; NIM at 6.70%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.49%.
  • Funding: loans stand at 23823.97% of deposits as of Q4 2001.

Financial Results

Return on Assets (YTD, annualized)

-2.06%-281 bps YoY

Net Interest Margin (YTD, annualized)

6.70%

Efficiency Ratio (YTD, annualized)

62.24%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets0.75%-2.71%-1.85%-1.40%-2.06%-281 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/a3.95%5.34%6.82%6.70%n/a
Efficiency Ration/a78.85%69.36%64.64%62.24%n/a
Non-Interest Burdenn/a2.89%3.34%3.95%3.67%n/a
Growth
Asset Growth (YoY)27.42%14.04%-1.52%-16.88%-23.98%-5,140 bps
Loan Growth (YoY)26.43%17.31%1.98%-16.05%-21.68%-4,811 bps
Deposit Growth (YoY)-15.87%3.81%-0.99%1.84%-8.17%+770 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a3.41%4.05%4.31%4.49%n/a
Allowance / Loansn/a1.90%1.92%2.00%3.57%n/a
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 Capitaln/a13.90%13.97%14.33%13.78%n/a
Equity / Assetsn/a9.39%9.42%9.64%8.91%n/a
Liquidity & Funding
Loans / Deposits27935%22711%24518%24807%23824%-411,096 bps
Liquid Assets / Assets0.00%0.05%0.06%0.05%0.05%+5 bps
CRE / Total Capitaln/an/an/an/an/an/an/a