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Letter portraitLegal landscapeQuarterYTD

Foothills Bank, The

Yuma, AZ · Cert 34573

FDIC · 4 branches

Q1 2017

$359.9MAssets
$305.2MLoans
$293.1MDeposits
$42.1MEquity
Loan mix
87%RE $152.9M13%C&I $22.4M0%Consumer $0.7MQ2 2015Q1 2017
Deposit mix
68%Interest-bearing $199.9M32%Noninterest $93.1MQ2 2015Q1 2017

Market Position · Yuma, AZ · 2016 SOD (annual) · 12.3% share · #5 of 8 inst. · $0.2B of $1.8B

12.3% Yuma
1.0% Yavapai
0.9% Pinal

Executive Summary

  • Earnings: ROA of 1.20%, unchanged from a year ago; NIM at 4.23%.
  • Asset quality: problem loans at 0.93% of loans (+93 bps YoY), with net recoveries of 0.11%.
  • Capital: tier 1 leverage ratio of 10.94%, down 50 bps from a year ago.
  • Funding: loans stand at 104.15% of deposits as of Q1 2017.

Return on Assets (quarter, annualized)

1.20%0 bps YoY

Net Interest Margin (quarter, annualized)

4.23%+9 bps YoY

Efficiency Ratio (quarter, annualized)

57.30%-547 bps YoY

Tier 1 Leverage Ratio

10.94%-50 bps YoY

NIM

4.18%Q1 ’154.11%Q1 ’164.24%Q1 ’17-1%+2%

Non-interest income vs. expense

3.32%Q1 ’152.91%Q1 ’162.63%Q1 ’17-21%-6%

Discrete quarter, annualized.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets1.35%1.11%0.94%1.19%0.97%1.63%1.02%1.20%0 bps
Return on Equity10.98%8.77%7.33%9.28%7.56%12.57%7.99%10.02%+74 bps
Net Interest Margin4.40%4.42%4.23%4.14%4.16%4.28%4.50%4.23%+9 bps
Efficiency Ratio69.26%70.43%63.74%62.76%64.40%62.41%61.41%57.30%-547 bps
Non-Interest Burden2.95%3.08%2.51%2.40%2.54%2.52%2.61%2.25%-14 bps
Growth
Asset Growth (YoY)0.58%0.38%1.50%3.28%8.15%7.56%10.66%17.12%+1,384 bps
Loan Growth (YoY)8.43%10.28%8.27%7.80%19.03%16.74%24.02%35.98%+2,818 bps
Deposit Growth (YoY)-1.61%2.28%0.56%4.27%7.51%6.45%8.34%10.61%+633 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.93%+93 bps
Net Charge-Offs / Loans-1.31%0.24%0.11%-0.09%-0.06%-0.41%-0.02%-0.11%-2 bps
Allowance / Loans1.51%1.27%1.30%1.31%1.21%1.21%1.18%1.13%-18 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a1.2xn/an/a
Capital
Tier 1 Leverage Ratio10.75%11.19%11.40%11.44%11.43%11.54%11.43%10.94%-50 bps
Total Risk-Based Capital13.98%14.28%14.47%14.16%13.57%14.00%13.14%12.30%-186 bps
Equity / Assets12.44%12.91%12.75%12.99%12.75%13.22%12.21%11.71%-129 bps
Liquidity & Funding
Loans / Deposits83.66%88.44%86.19%84.72%92.62%96.99%98.66%104.15%+1,943 bps
Liquid Assets / Assets3.53%3.04%4.32%6.80%2.68%2.34%2.47%2.66%-413 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a