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Metro Commerce Bank

San Rafael, CA · Cert 32720

FDIC

Q4 2001

$229.9MAssets
$182.6MLoans
$211.0MDeposits
$16.6MEquity
Loan mix
13%RE $5.2M87%C&I $33.9M0%Consumer $0.1MQ4 2000Q4 2001
Deposit mix
75%Interest-bearing $157.6M25%Noninterest $53.4MQ4 2000Q4 2001

NIM

8.61%Q1 ’017.66%Q3 ’017.57%Q4 ’01-9%+1%

Non-interest income vs. expense

3.72%Q1 ’013.33%Q3 ’013.75%Q4 ’01-9%+14%

Executive Summary

  • Earnings: ROA of 1.36%, down 20 bps year over year; NIM at 5.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 86.57% of deposits as of Q4 2001.

Financial Results

Return on Assets (YTD, annualized)

1.36%-20 bps YoY

Net Interest Margin (YTD, annualized)

5.44%

Efficiency Ratio (YTD, annualized)

63.87%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2000Q1 2001Q2 2001Q3 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets1.55%1.43%1.48%1.51%1.36%-20 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/a5.88%5.70%5.37%5.44%n/a
Efficiency Ration/a58.17%57.34%57.50%63.87%n/a
Non-Interest Burdenn/a3.20%3.07%2.90%3.32%n/a
Growth
Asset Growth (YoY)6.66%2.90%11.70%9.88%9.89%+323 bps
Loan Growth (YoY)19.35%13.66%14.92%13.85%12.13%-722 bps
Deposit Growth (YoY)5.43%1.48%12.33%9.76%10.88%+545 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a0.00%0.00%0.00%0.00%n/a
Allowance / Loansn/a1.25%1.22%1.27%1.33%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/a10.88%10.10%10.08%10.11%n/a
Equity / Assetsn/a8.04%7.09%7.50%7.24%n/a
Liquidity & Funding
Loans / Deposits85.60%83.15%80.67%85.01%86.57%+96 bps
Liquid Assets / Assets0.00%0.13%0.13%0.13%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a