PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Household Bank (Nevada), National Association

Las Vegas, NV · Cert 33788

FDIC

Q2 2002

$1.9BAssets
$1.1BLoans
$2.1MDeposits
$754.2MEquity
Deposit mix
48%Interest-bearing $1.0M52%Noninterest $1.1MQ2 2001Q2 2002

NIM

10.01%Q1 ’0110.50%Q2 ’0112.12%Q2 ’02+17%+72%

Non-interest income vs. expense

10.92%Q1 ’0111.38%Q2 ’0112.17%Q2 ’02-93%+2467%

Executive Summary

  • Earnings: ROA of 1.19%, up 63 bps year over year; NIM at 10.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 52062.52% of deposits as of Q2 2002.

Financial Results

Return on Assets (YTD, annualized)

1.19%+63 bps YoY

Net Interest Margin (YTD, annualized)

10.44%+437 bps YoY

Efficiency Ratio (YTD, annualized)

49.72%-1,671 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets0.55%0.50%-0.44%-1.82%1.19%+63 bps
Return on Equityn/an/an/a-7.31%3.93%n/a
Net Interest Margin6.07%7.99%10.06%10.63%10.44%+437 bps
Efficiency Ratio66.43%64.31%76.10%66.31%49.72%-1,671 bps
Non-Interest Burden0.32%0.57%4.99%13.16%8.24%+792 bps
Growth
Asset Growth (YoY)-35.08%-37.70%-22.92%-13.46%11.56%+4,664 bps
Loan Growth (YoY)-30.05%26.61%61.05%56.45%51.43%+8,148 bps
Deposit Growth (YoY)-55.24%-74.57%-32.34%-45.64%-44.39%+1,085 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans15.95%16.83%12.52%-0.01%-0.01%-1,596 bps
Allowance / Loans5.17%4.18%0.00%0.00%0.00%-517 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 Capital20.52%18.30%1.54%22.96%36.74%+1,622 bps
Equity / Assets30.73%29.69%19.02%30.01%39.60%+887 bps
Liquidity & Funding
Loans / Deposits19120%35923%49817%44042%52063%+3,294,249 bps
Liquid Assets / Assets0.19%0.24%0.33%0.34%0.29%+10 bps
CRE / Total Capitaln/an/an/an/an/an/an/a