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United Commercial Bank

San Francisco, CA · Cert 32469

FDIC

Q3 2009

$10.9BAssets
$7.7BLoans
$6.9BDeposits
$308.5MEquity
Loan mix
84%RE $6.1B16%C&I $1.2B0%Consumer $0.0BQ4 2007Q3 2009
Deposit mix
87%Interest-bearing $6.0B13%Noninterest $0.9BQ4 2007Q3 2009

Executive Summary

  • Earnings: ROA of -24.14%, down 2,421 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
  • Funding: loans stand at 111.05% of deposits as of Q3 2009.

Return on Assets (quarter, annualized)

-24.14%-2,421 bps YoY

Net Interest Margin (quarter, annualized)

2.52%-38 bps YoY

Efficiency Ratio (quarter, annualized)

102.31%+5,313 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.82%Q3 ’075.42%Q3 ’084.39%Q3 ’09-13%-13%

Non-interest income vs. expense

1.59%Q3 ’071.60%Q3 ’0816.58%Q3 ’09+10%+1144%

Discrete quarter, annualized.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets0.70%0.19%0.36%0.07%-2.23%-3.22%-8.04%-24.14%-2,421 bps
Return on Equity6.56%1.85%3.43%0.68%-20.10%-28.29%-79.27%-382%-38,229 bps
Net Interest Margin3.25%2.89%2.97%2.90%2.30%2.19%2.17%2.52%-38 bps
Efficiency Ratio45.34%49.34%44.89%49.18%65.07%92.74%85.76%102.31%+5,313 bps
Non-Interest Burden1.39%1.36%1.23%1.33%1.39%2.06%1.88%16.60%+1,527 bps
Growth
Asset Growth (YoY)4.13%23.64%8.17%8.57%4.85%-3.14%-10.47%-23.24%-3,181 bps
Loan Growth (YoY)18.16%18.34%14.25%12.37%8.26%0.43%-7.48%-13.09%-2,546 bps
Deposit Growth (YoY)5.64%9.45%12.46%14.63%22.06%16.12%3.19%-10.78%-2,541 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.19%0.59%1.21%1.40%2.01%6.28%21.30%0.17%-124 bps
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.80%11.20%12.10%11.82%14.24%13.36%7.92%5.91%-590 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits120.42%118.24%113.17%113.99%106.81%102.27%101.47%111.05%-294 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%2.74%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a