PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Commerce

Henderson, NV · Cert 34385

FDIC

Q2 2005

$153.4MAssets
$108.0MLoans
$127.9MDeposits
$15.7MEquity
Loan mix
20%RE $8.6M80%C&I $34.6M0%Consumer $0.1MQ2 2004Q2 2005
Deposit mix
72%Interest-bearing $92.7M28%Noninterest $35.3MQ2 2004Q2 2005

NIM

6.03%Q2 ’035.32%Q2 ’046.24%Q2 ’05+0%+16%

Non-interest income vs. expense

3.24%Q2 ’032.89%Q2 ’042.85%Q2 ’05-9%-2%

Executive Summary

  • Earnings: ROA of 1.36%, up 34 bps year over year; NIM at 4.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.18%.
  • Funding: loans stand at 84.41% of deposits as of Q2 2005.

Financial Results

Return on Assets (YTD, annualized)

1.36%+34 bps YoY

Net Interest Margin (YTD, annualized)

4.93%+66 bps YoY

Efficiency Ratio (YTD, annualized)

53.96%-876 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005YoY ΔTrend
Earnings
Return on Assets1.02%1.02%0.91%1.24%1.36%+34 bps
Return on Equity10.62%10.62%9.54%13.54%14.33%+371 bps
Net Interest Margin4.27%4.31%4.30%5.00%4.93%+66 bps
Efficiency Ratio62.71%61.02%58.23%51.37%53.96%-876 bps
Non-Interest Burden2.55%2.49%2.35%2.40%2.50%-5 bps
Growth
Asset Growth (YoY)26.28%15.36%16.83%10.39%7.30%-1,898 bps
Loan Growth (YoY)17.42%12.86%15.57%21.06%4.81%-1,260 bps
Deposit Growth (YoY)29.17%12.14%14.59%4.74%5.35%-2,381 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.97%0.64%0.77%0.27%0.18%-80 bps
Allowance / Loans0.91%1.01%1.14%1.30%1.51%+60 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 Capital13.80%13.57%13.17%13.20%15.11%+131 bps
Equity / Assets9.58%9.52%9.40%8.96%10.23%+64 bps
Liquidity & Funding
Loans / Deposits84.84%88.57%92.71%87.88%84.41%-43 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