San Diego, CA · Cert 33401
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
San Diego, CA · Cert 33401
FDIC
Q4 2013
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 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.55% | 0.52% | 0.66% | 0.69% | 0.63% | 0.71% | 0.95% | +30 bps | |
| Return on Equity | 3.84% | 3.58% | 3.34% | 4.25% | 4.66% | 4.32% | 5.02% | 6.74% | +249 bps | |
| Net Interest Margin | 3.32% | 3.41% | 3.51% | 3.52% | 3.35% | 3.19% | 3.13% | 3.14% | -38 bps | |
| Efficiency Ratio | 70.01% | 75.28% | 76.34% | 75.22% | 65.29% | 68.13% | 66.37% | 65.73% | -948 bps | |
| Non-Interest Burden | 2.31% | 2.52% | 2.65% | 2.62% | 2.15% | 2.13% | 2.03% | 2.02% | -60 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.12% | -0.86% | 1.81% | 4.95% | 11.22% | 16.19% | 23.44% | 17.33% | +1,238 bps | |
| Loan Growth (YoY) | -1.40% | 4.32% | 6.60% | 11.41% | 13.25% | 13.64% | 15.53% | 11.49% | +8 bps | |
| Deposit Growth (YoY) | 4.30% | 2.32% | 3.19% | 5.13% | 10.95% | 15.27% | 26.44% | 16.09% | +1,096 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 | 0.16% | 0.00% | -0.03% | -0.17% | 0.46% | 0.25% | 0.16% | -0.09% | +7 bps | |
| Allowance / Loans | 2.38% | 2.32% | 2.31% | 2.13% | 1.98% | 1.88% | 1.85% | 1.62% | -51 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 | 16.80% | 16.41% | 16.49% | 16.34% | 16.09% | 15.73% | 15.67% | 16.07% | -26 bps | |
| Equity / Assets | 15.40% | 15.64% | 15.64% | 15.20% | 14.48% | 14.06% | 13.37% | 13.82% | -138 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.16% | 94.79% | 97.89% | 95.59% | 92.03% | 93.44% | 89.44% | 91.80% | -379 bps | |
| Liquid Assets / Assets | 16.60% | 13.25% | 13.15% | 12.48% | 15.56% | 13.12% | 14.35% | 12.40% | -7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |