Phoenix, AZ · Cert 34145
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Phoenix, AZ · Cert 34145
FDIC
Q3 2003
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 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.53% | 0.79% | 0.79% | 0.81% | 0.85% | 0.76% | 0.75% | 0.01% | -80 bps | |
| Return on Equity | n/a | 7.32% | 7.27% | 7.39% | 7.73% | 6.68% | 6.44% | 0.10% | -729 bps | |
| Net Interest Margin | 3.87% | 4.04% | 3.96% | 4.02% | 3.82% | 3.78% | 3.94% | 1.00% | -302 bps | |
| Efficiency Ratio | 74.26% | 77.39% | 75.06% | 72.25% | 70.84% | 68.88% | 70.78% | 91.22% | +1,897 bps | |
| Non-Interest Burden | 2.74% | 3.06% | 2.87% | 2.78% | 2.56% | 2.41% | 2.55% | 0.98% | -180 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.99% | 3.97% | 1.60% | -6.55% | 6.12% | -7.25% | -7.37% | 5.02% | +1,157 bps | |
| Loan Growth (YoY) | 4.65% | -0.27% | -2.58% | -12.32% | -13.25% | -10.44% | -10.13% | -7.71% | +460 bps | |
| Deposit Growth (YoY) | -6.16% | 3.24% | 0.19% | -9.62% | 5.28% | -9.14% | -9.03% | -4.64% | +498 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 | 0.13% | 0.05% | 0.34% | 0.82% | 0.75% | 0.09% | 0.50% | 0.00% | -82 bps | |
| Allowance / Loans | 1.52% | 1.58% | 1.52% | 1.26% | 1.14% | 1.15% | 1.04% | 1.29% | +3 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 | 15.94% | 15.97% | 16.90% | 17.82% | 17.22% | 17.77% | 18.52% | 15.63% | -219 bps | |
| Equity / Assets | 10.98% | 10.50% | 10.92% | 11.65% | 10.66% | 12.10% | 12.13% | 18.99% | +733 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.91% | 74.82% | 69.96% | 68.78% | 65.02% | 73.75% | 69.11% | 66.56% | -221 bps | |
| Liquid Assets / Assets | 0.00% | 0.32% | 0.77% | 1.23% | 3.06% | 0.68% | 1.39% | 2.70% | +148 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |