PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Frontier State Bank

Redondo Beach, CA · Cert 32066

FDIC

Q3 2001

$69.2MAssets
$57.0MLoans
$60.1MDeposits
$8.1MEquity
Deposit mix
89%Interest-bearing $53.8M11%Noninterest $6.3MQ3 2000Q3 2001

NIM

10.07%Q1 ’019.75%Q2 ’019.91%Q3 ’01-2%+3%

Non-interest income vs. expense

3.50%Q1 ’013.37%Q2 ’013.45%Q3 ’01-3%+3%

Executive Summary

  • Earnings: ROA of 1.56%, up 98 bps year over year; NIM at 5.97%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 94.79% of deposits as of Q3 2001.

Financial Results

Return on Assets (YTD, annualized)

1.56%+98 bps YoY

Net Interest Margin (YTD, annualized)

5.97%

Efficiency Ratio (YTD, annualized)

53.97%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets0.57%-10.00%1.53%1.54%1.56%+98 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a5.89%5.78%5.97%n/a
Efficiency Ration/an/a55.05%54.40%53.97%n/a
Non-Interest Burdenn/an/a3.04%2.96%3.03%n/a
Growth
Asset Growth (YoY)-3.97%-12.67%-9.69%-9.70%-15.45%-1,148 bps
Loan Growth (YoY)-10.01%-10.42%-9.29%2.78%7.52%+1,753 bps
Deposit Growth (YoY)-4.30%-3.95%-0.83%-0.97%-8.74%-445 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.00%0.00%0.00%n/a
Allowance / Loansn/an/a1.76%1.74%1.77%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/an/a14.78%15.05%15.63%n/a
Equity / Assetsn/an/a10.22%10.74%11.67%n/a
Liquidity & Funding
Loans / Deposits80.45%83.96%82.50%88.09%94.79%+1,434 bps
Liquid Assets / Assets0.00%0.00%0.64%0.75%0.83%+83 bps
CRE / Total Capitaln/an/an/an/an/an/an/a