Victorville, CA · Cert 33121
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Victorville, CA · Cert 33121
FDIC
Q1 2014
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.63% | 0.80% | 0.77% | 0.83% | 0.75% | 0.70% | 0.01% | -76 bps | |
| Return on Equity | 4.81% | 5.21% | 6.59% | 5.85% | 6.34% | 5.74% | 5.33% | 0.05% | -580 bps | |
| Net Interest Margin | 3.43% | 3.38% | 3.30% | 3.51% | 3.44% | 3.40% | 3.42% | 3.05% | -46 bps | |
| Efficiency Ratio | 84.99% | 84.54% | 82.43% | 83.22% | 82.17% | 82.89% | 83.97% | 98.59% | +1,537 bps | |
| Non-Interest Burden | 2.86% | 2.80% | 2.63% | 2.84% | 2.72% | 2.72% | 2.79% | 3.00% | +16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.56% | 9.86% | 3.40% | -9.94% | -7.06% | -5.77% | -5.95% | 6.76% | +1,671 bps | |
| Loan Growth (YoY) | -13.65% | -13.44% | -13.74% | -10.56% | -5.26% | -4.88% | -1.27% | -3.34% | +721 bps | |
| Deposit Growth (YoY) | 10.42% | 10.80% | 3.22% | -12.07% | -8.38% | -6.70% | -6.76% | 8.20% | +2,028 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.04% | 0.28% | 0.29% | 0.46% | 0.47% | 0.44% | -0.19% | -48 bps | |
| Allowance / Loans | 1.94% | 1.98% | 1.86% | 1.79% | 1.61% | 1.49% | 1.45% | 1.53% | -26 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 15.71% | 15.85% | 16.14% | 16.78% | 16.48% | 16.34% | 16.76% | 17.43% | +64 bps | |
| Equity / Assets | 11.95% | 12.09% | 12.57% | 13.83% | 13.13% | 12.91% | 13.35% | 12.76% | -107 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.10% | 68.60% | 66.98% | 73.73% | 71.45% | 69.94% | 70.92% | 65.86% | -787 bps | |
| Liquid Assets / Assets | 17.48% | 15.74% | 15.55% | 10.02% | 14.11% | 16.21% | 16.88% | 25.51% | +1,549 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |