Costa Mesa, CA · Cert 34739
FDIC
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Costa Mesa, CA · Cert 34739
FDIC
Q4 2003
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 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | -0.25% | 0.05% | 0.18% | 0.38% | 0.46% | 0.61% | -0.53% | -71 bps | |
| Return on Equity | 5.86% | -3.40% | 0.71% | 2.61% | 5.79% | 7.03% | 9.48% | -8.37% | -1,098 bps | |
| Net Interest Margin | 3.40% | 3.20% | 3.13% | 3.29% | 3.58% | 3.20% | 3.39% | 3.15% | -14 bps | |
| Efficiency Ratio | 89.56% | 81.73% | 82.18% | 83.48% | 82.60% | 82.35% | 79.15% | 104.69% | +2,122 bps | |
| Non-Interest Burden | 2.98% | 2.51% | 2.47% | 2.64% | 2.85% | 2.51% | 2.53% | 3.33% | +69 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 45.73% | 55.30% | 43.98% | 20.55% | 27.27% | 7.26% | 9.25% | 1.56% | -1,900 bps | |
| Loan Growth (YoY) | 44.30% | 18.21% | 10.71% | 23.24% | 58.05% | 45.87% | 43.37% | 33.70% | +1,046 bps | |
| Deposit Growth (YoY) | 44.47% | 54.84% | 43.79% | 23.79% | 32.81% | 9.50% | 9.23% | 2.07% | -2,172 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | +24 bps | |
| Allowance / Loans | 0.95% | 0.94% | 0.89% | 0.86% | 0.83% | 0.96% | 1.01% | 1.04% | +18 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 | 12.20% | 11.58% | 12.72% | 12.88% | 12.04% | 12.18% | 12.49% | 10.59% | -229 bps | |
| Equity / Assets | 7.72% | 6.29% | 6.42% | 6.74% | 6.43% | 6.33% | 6.41% | 5.92% | -82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 49.25% | 40.67% | 44.75% | 50.09% | 58.61% | 54.18% | 58.74% | 65.61% | +1,552 bps | |
| Liquid Assets / Assets | 13.62% | 16.20% | 13.77% | 8.54% | 6.67% | 10.48% | 7.30% | 7.32% | -122 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |