PackageTrendsPeer
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Valley Bank

Henderson, NV · Cert 34762

FDIC

Q3 2006

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2006, the quarter ended September 30, 2006, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Valley Bank

Henderson, NV · Cert 34762

FDIC

Q3 2006

$406.9MAssets
$330.4MLoans
$342.5MDeposits
$46.1MEquity
Loan mix
16%RE $5.7M84%C&I $30.4M0%Consumer $0.1MQ3 2005Q3 2006
Deposit mix
87%Interest-bearing $296.8M13%Noninterest $45.7MQ3 2005Q3 2006

NIM

5.47%Q3 ’045.96%Q3 ’057.64%Q3 ’060%+14%

Non-interest income vs. expense

2.25%Q3 ’041.76%Q3 ’052.00%Q3 ’06-21%+14%

Executive Summary

  • Earnings: ROA of 2.02%, up 26 bps year over year; NIM at 4.95%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 96.48% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

2.02%+26 bps YoY

Net Interest Margin (YTD, annualized)

4.95%+63 bps YoY

Efficiency Ratio (YTD, annualized)

39.73%-28 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets1.76%1.79%1.78%1.94%2.02%+26 bps
Return on Equity15.71%16.31%17.40%19.21%19.42%+371 bps
Net Interest Margin4.33%4.24%4.96%4.90%4.95%+63 bps
Efficiency Ratio40.00%40.18%42.16%39.75%39.73%-28 bps
Non-Interest Burden1.69%1.66%2.06%1.91%1.93%+24 bps
Growth
Asset Growth (YoY)48.86%43.28%31.35%31.81%9.48%-3,938 bps
Loan Growth (YoY)50.79%52.34%46.02%33.65%15.81%-3,498 bps
Deposit Growth (YoY)46.85%40.69%27.46%35.30%8.40%-3,846 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.06%-0.05%-0.05%-0.01%0.01%+7 bps
Allowance / Loans1.00%1.00%1.00%1.00%1.00%0 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.89%12.83%12.61%12.58%13.49%+60 bps
Equity / Assets10.26%10.22%10.20%9.92%11.33%+108 bps
Liquidity & Funding
Loans / Deposits90.31%90.87%94.91%87.72%96.48%+617 bps
Liquid Assets / Assets1.76%1.97%0.68%1.53%1.41%-35 bps
CRE / Total Capitaln/an/an/an/an/an/an/a