PackageTrendsPeer
Letter portraitLegal landscape

Bay Cities National Bank

Redondo Beach, CA · Cert 33806

FDIC · 47 branches

Q1 2020

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: Q1 2020, the quarter ended March 31, 2020, 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

Bay Cities National Bank

Redondo Beach, CA · Cert 33806

FDIC · 47 branches

Q1 2020

$8.4BAssets
$6.0BLoans
$6.7BDeposits
$1.0BEquity
Loan mix
89%RE $4.4B11%C&I $0.6B0%Consumer $0.0BQ1 2019Q1 2020
Deposit mix
87%Interest-bearing $5.9B13%Noninterest $0.8BQ1 2019Q1 2020

NIM

3.34%Q1 ’183.67%Q1 ’193.46%Q1 ’20-2%-10%

Non-interest income vs. expense

2.41%Q1 ’182.49%Q1 ’196.95%Q1 ’20+11%+231%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2019 SOD (annual) · 0.8% share · #21 of 119 inst. · $4.6B of $568.5B

2.7% Orange
0.5% Los Angeles
0.7% King
3.1% Snohomish

Executive Summary

  • Earnings: ROA of -4.14%, down 473 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 0.10% of loans (-33 bps YoY), with net recoveries of 0.04%.
  • Capital: tier 1 leverage ratio of 9.64%, down 22 bps from a year ago.
  • Funding: loans stand at 89.24% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

-4.14%-473 bps YoY

Net Interest Margin (YTD, annualized)

2.66%-28 bps YoY

Efficiency Ratio (YTD, annualized)

64.22%-711 bps YoY

Tier 1 Leverage Ratio

9.64%-22 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets0.58%0.52%0.73%0.80%-4.14%-473 bps
Return on Equity4.16%3.72%5.23%5.80%-32.24%-3,640 bps
Net Interest Margin2.94%2.75%2.74%2.67%2.66%-28 bps
Efficiency Ratio71.33%71.53%68.32%66.41%64.22%-711 bps
Non-Interest Burden1.90%1.78%1.67%1.56%6.28%+438 bps
Growth
Asset Growth (YoY)5.35%9.23%5.09%11.30%9.04%+370 bps
Loan Growth (YoY)4.45%15.69%12.44%14.24%9.68%+523 bps
Deposit Growth (YoY)0.29%4.88%2.11%8.84%10.38%+1,009 bps
Asset Quality
Nonperforming Loans / Loans0.43%0.36%0.13%0.10%0.10%-33 bps
Net Charge-Offs / Loans-0.12%0.08%0.17%0.15%-0.04%+8 bps
Allowance / Loans1.07%0.98%0.78%0.69%0.86%-21 bps
Allowance Coverage of NPLs2.5x2.7x6.1x6.8x8.9x+6.4x
Capital
Tier 1 Leverage Ratio9.86%9.30%9.70%9.70%9.64%-22 bps
Total Risk-Based Capital14.85%14.77%15.26%15.08%15.11%+26 bps
Equity / Assets13.63%13.51%13.94%13.75%12.00%-163 bps
Liquidity & Funding
Loans / Deposits89.81%94.17%92.36%91.00%89.24%-57 bps
Liquid Assets / Assets4.92%2.79%3.13%3.97%9.16%+424 bps
CRE / Total Capitaln/an/an/an/an/an/an/a