Encinitas, CA · Cert 34410
FDIC
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
Encinitas, CA · Cert 34410
FDIC
Q1 2006
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 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.16% | 1.35% | 1.45% | 1.47% | 1.62% | +46 bps | |
| Return on Equity | 16.56% | 18.33% | 18.98% | 19.01% | 19.52% | +296 bps | |
| Net Interest Margin | 4.66% | 4.40% | 4.56% | 4.57% | 5.09% | +43 bps | |
| Efficiency Ratio | 58.00% | 53.51% | 53.27% | 53.82% | 52.07% | -593 bps | |
| Non-Interest Burden | 2.29% | 1.90% | 1.94% | 1.99% | 2.21% | -8 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 67.47% | 47.59% | 28.54% | 24.47% | 8.27% | -5,920 bps | |
| Loan Growth (YoY) | 35.73% | 42.24% | 28.30% | 10.99% | 8.18% | -2,755 bps | |
| Deposit Growth (YoY) | 67.36% | 44.00% | 26.78% | 22.58% | 5.77% | -6,158 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.09% | 0.06% | 0.05% | -0.05% | -4 bps | |
| Allowance / Loans | 1.41% | 1.45% | 1.53% | 1.43% | 1.46% | +4 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 12.08% | 13.61% | 14.22% | 13.88% | 14.76% | +268 bps | |
| Equity / Assets | 6.90% | 8.05% | 8.47% | 8.07% | 8.58% | +168 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 51.91% | 54.32% | 53.79% | 52.80% | 53.10% | +118 bps | |
| Liquid Assets / Assets | 0.08% | 0.07% | 0.06% | 0.05% | 0.05% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |