PackageTrendsPeer
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Redlands Centennial Bank

Redlands, CA · Cert 33025

FDIC

Q4 2008

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: Q4 2008, the quarter ended December 31, 2008, 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

Redlands Centennial Bank

Redlands, CA · Cert 33025

FDIC

Q4 2008

$798.0MAssets
$508.9MLoans
$678.6MDeposits
$11.0MEquity
Loan mix
58%RE $272.4M42%C&I $199.0M0%Consumer $0.4MQ4 2007Q4 2008
Deposit mix
87%Interest-bearing $589.6M13%Noninterest $89.0MQ4 2007Q4 2008

NIM

7.39%Q4 ’067.29%Q4 ’074.28%Q4 ’08-15%-50%

Non-interest income vs. expense

3.01%Q4 ’062.63%Q4 ’073.09%Q4 ’08-18%+25%

Executive Summary

  • Earnings: ROA of -6.41%, down 793 bps year over year; NIM at 2.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 6.11%.
  • Funding: loans stand at 75.00% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-6.41%-793 bps YoY

Net Interest Margin (YTD, annualized)

2.28%-230 bps YoY

Efficiency Ratio (YTD, annualized)

108.65%+5,788 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets1.53%-0.66%-1.02%-3.28%-6.41%-793 bps
Return on Equity15.79%-7.45%-12.27%-45.73%-106.88%-12,268 bps
Net Interest Margin4.57%3.93%3.64%2.77%2.28%-230 bps
Efficiency Ratio50.77%64.24%71.08%83.47%108.65%+5,788 bps
Non-Interest Burden2.02%2.30%2.43%2.24%2.53%+50 bps
Growth
Asset Growth (YoY)25.14%24.63%28.84%42.17%15.80%-934 bps
Loan Growth (YoY)20.72%15.68%17.40%7.76%-2.40%-2,313 bps
Deposit Growth (YoY)4.60%3.43%8.52%45.71%41.65%+3,705 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.25%4.26%3.00%5.29%6.11%+587 bps
Allowance / Loans1.31%1.20%1.83%4.12%6.32%+501 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 Capital12.52%11.51%10.61%8.18%2.70%-982 bps
Equity / Assets9.02%8.57%7.55%4.46%1.38%-764 bps
Liquidity & Funding
Loans / Deposits108.85%105.92%100.09%74.64%75.00%-3,386 bps
Liquid Assets / Assets0.27%0.25%0.27%0.65%9.96%+969 bps
CRE / Total Capitaln/an/an/an/an/an/an/a