San Luis Obispo, CA · Cert 34462
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
San Luis Obispo, CA · Cert 34462
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.13% | 0.43% | 0.51% | 0.50% | 0.64% | 0.56% | 0.31% | 0.34% | -16 bps | |
| Return on Equity | 1.51% | 4.96% | 5.75% | 5.58% | 6.72% | 6.10% | 3.41% | 3.75% | -183 bps | |
| Net Interest Margin | 4.11% | 4.21% | 4.12% | 4.15% | 4.29% | 3.98% | 4.13% | 4.12% | -3 bps | |
| Efficiency Ratio | 90.57% | 89.30% | 88.20% | 87.20% | 84.70% | 85.75% | 80.59% | 79.82% | -738 bps | |
| Non-Interest Burden | 3.78% | 3.81% | 3.68% | 3.65% | 3.67% | 3.44% | 3.31% | 3.26% | -40 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 123.39% | 112.89% | 96.51% | -4.87% | -4.00% | -1.63% | 0.21% | -0.06% | +481 bps | |
| Loan Growth (YoY) | 108.76% | 105.91% | 113.26% | 6.17% | 10.80% | 13.90% | 18.44% | 19.67% | +1,350 bps | |
| Deposit Growth (YoY) | 124.99% | 114.43% | 98.97% | -5.73% | -4.47% | -1.88% | 0.39% | -1.24% | +449 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 | -0.02% | 0.00% | -0.06% | 0.02% | 0.17% | 0.09% | 0.07% | 0.06% | +3 bps | |
| Allowance / Loans | 1.62% | 1.72% | 1.76% | 1.74% | 1.74% | 1.69% | 1.59% | 1.50% | -24 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 | 13.92% | 14.08% | 13.74% | 13.65% | 13.61% | 13.66% | 12.90% | 12.73% | -92 bps | |
| Equity / Assets | 8.63% | 8.94% | 9.43% | 9.57% | 9.62% | 8.51% | 8.83% | 9.17% | -40 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 54.25% | 53.52% | 59.79% | 62.60% | 62.92% | 62.13% | 70.55% | 75.86% | +1,326 bps | |
| Liquid Assets / Assets | 15.16% | 6.38% | 4.42% | 6.07% | 2.41% | 2.26% | 4.83% | 6.86% | +80 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |