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Providian Bank

Salt Lake City, UT · Cert 34166

FDIC

Q3 2003

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: 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.

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

Providian Bank

Salt Lake City, UT · Cert 34166

FDIC

Q3 2003

$1.4BAssets
$29.1MLoans
$1.2BDeposits
$164.9MEquity
Deposit mix
99%Interest-bearing $1.2B1%Noninterest $0.0BQ3 2002Q3 2003

NIM

14.49%Q3 ’0116.75%Q3 ’0211.85%Q3 ’03+30%-38%

Non-interest income vs. expense

3.61%Q3 ’014.24%Q3 ’022.96%Q3 ’03+221%-42%

Executive Summary

  • Earnings: ROA of 0.56%, down 59 bps year over year; NIM at 7.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1138.84%.
  • Funding: loans stand at 2.43% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

0.56%1-59 bps YoY

Net Interest Margin (YTD, annualized)

7.20%-450 bps YoY

Efficiency Ratio (YTD, annualized)

31.95%+250 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets1.15%1.24%3.23%0.90%10.56%1-59 bps
Return on Equity16.90%16.93%33.04%8.87%5.33%-1,157 bps
Net Interest Margin11.70%11.74%10.60%9.98%7.20%-450 bps
Efficiency Ratio29.45%27.71%23.76%24.90%31.95%+250 bps
Non-Interest Burden1.54%1.26%0.96%1.12%0.90%-65 bps
Growth
Asset Growth (YoY)-13.71%-16.45%-9.27%-19.52%-25.54%-1,183 bps
Loan Growth (YoY)-5.86%-11.57%-17.28%-34.65%-97.16%-9,130 bps
Deposit Growth (YoY)-12.53%-18.77%-21.93%-22.55%-28.24%-1,571 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans16.42%16.71%18.70%72.55%1139%+112,242 bps
Allowance / Loans19.01%18.89%18.53%0.58%20.45%+144 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 Capital15.92%19.75%20.50%20.79%34.16%+1,824 bps
Equity / Assets7.66%9.70%9.85%11.13%11.99%+432 bps
Liquidity & Funding
Loans / Deposits61.35%64.17%64.57%51.19%2.43%-5,892 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a