Gilbert, AZ · Cert 33442
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Gilbert, AZ · Cert 33442
FDIC
Q3 2004
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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 10.34% | 11.36% | 13.03% | 16.05% | 19.32% | 16.07% | 18.67% | 28.83% | +1,278 bps | |
| Return on Equity | 15.60% | 18.09% | 19.88% | 23.90% | 35.35% | 34.55% | 40.57% | 57.51% | +3,361 bps | |
| Net Interest Margin | 0.49% | 0.24% | 0.35% | 0.36% | 0.30% | 0.58% | 0.52% | 0.46% | +10 bps | |
| Efficiency Ratio | 94.94% | 93.49% | 92.43% | 91.00% | 86.85% | 82.27% | 80.51% | 73.18% | -1,781 bps | |
| Non-Interest Burden | -16.92% | -21.50% | -25.74% | -27.68% | -28.94% | -33.34% | -36.66% | -54.48% | -2,680 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.58% | 19.49% | 10.22% | 19.14% | 140.50% | 44.09% | 63.84% | 31.06% | +1,192 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | 140.31% | 167.64% | 44.28% | -5.59% | 774% | 42.42% | 549% | 315% | +32,055 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | 0.00% | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 153.67% | 152.48% | 158.89% | 178.93% | 102.38% | 153.26% | 107.87% | 160.14% | -1,879 bps | |
| Equity / Assets | 59.31% | 66.52% | 71.30% | 71.83% | 34.69% | 67.67% | 44.79% | 66.87% | -496 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Liquid Assets / Assets | 1.10% | 1.15% | 1.17% | 58.82% | 0.45% | 0.79% | 0.68% | 0.79% | -5,803 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |