Gilbert, AZ · Cert 34485
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Gilbert, AZ · Cert 34485
FDIC
Q2 2009
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.20% | 1.12% | 0.23% | 0.00% | -0.41% | -2.90% | -6.23% | -8.75% | -875 bps | |
| Return on Equity | 2.41% | 13.09% | 2.63% | 0.02% | -4.62% | -33.26% | -87.59% | -142.19% | -14,221 bps | |
| Net Interest Margin | 4.70% | 4.46% | 3.81% | 3.56% | 3.28% | 2.76% | 0.01% | 0.61% | -296 bps | |
| Efficiency Ratio | 60.91% | 49.27% | 70.03% | 66.03% | 69.74% | 80.95% | 249% | 464% | +39,753 bps | |
| Non-Interest Burden | 2.76% | 1.23% | 2.59% | 2.27% | 2.21% | 2.19% | 3.59% | 8.18% | +592 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.81% | 9.12% | 7.77% | -6.79% | -3.18% | -0.38% | -8.19% | -12.98% | -620 bps | |
| Loan Growth (YoY) | 19.78% | 6.41% | 0.95% | -10.49% | -19.55% | -22.68% | -35.25% | -39.34% | -2,885 bps | |
| Deposit Growth (YoY) | 25.92% | 3.96% | 7.56% | -7.80% | -3.09% | 9.73% | -1.00% | -4.47% | +333 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 | 1.25% | 1.03% | 3.06% | 2.12% | 2.53% | 4.84% | 19.18% | 16.58% | +1,446 bps | |
| Allowance / Loans | 1.27% | 1.79% | 1.21% | 1.55% | 1.82% | 5.22% | 4.16% | 5.06% | +351 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 | 10.16% | 10.49% | 10.44% | 10.90% | 12.43% | 8.95% | 6.19% | 0.00% | -1,090 bps | |
| Equity / Assets | 8.30% | 8.65% | 8.72% | 8.84% | 9.60% | 7.69% | 6.51% | 4.01% | -483 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.67% | 113.00% | 104.83% | 99.97% | 87.72% | 79.63% | 68.57% | 63.48% | -3,649 bps | |
| Liquid Assets / Assets | 0.04% | 0.01% | 0.00% | 0.00% | 1.03% | 5.25% | 0.78% | 1.23% | +123 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |