Sunnyvale, CA · Cert 34831
FDIC
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 30, 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.
Sunnyvale, CA · Cert 34831
FDIC
Q2 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 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.31% | -2.81% | -1.10% | -2.83% | -2.46% | -1.79% | -0.44% | -0.71% | +212 bps | |
| Return on Equity | n/a | n/a | -6.34% | -16.14% | -14.33% | -10.65% | -2.97% | -4.70% | +1,143 bps | |
| Net Interest Margin | 3.76% | 3.79% | 4.25% | 4.59% | 4.62% | 4.23% | 3.99% | 3.78% | -81 bps | |
| Efficiency Ratio | 138.57% | 135.39% | 123.03% | 124.65% | 128.54% | 120.09% | 118.44% | 124.92% | +26 bps | |
| Non-Interest Burden | 5.45% | 5.36% | 5.34% | 5.85% | 6.13% | 5.25% | 4.83% | 4.86% | -99 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 51.39% | 59.53% | 7.25% | 4.00% | 1.80% | -1.41% | 18.49% | 7.12% | +312 bps | |
| Loan Growth (YoY) | 102.10% | 59.14% | 37.71% | 1.34% | 2.21% | 3.15% | -3.09% | -0.57% | -192 bps | |
| Deposit Growth (YoY) | 69.09% | 62.79% | 1.79% | -1.90% | -4.07% | 0.56% | 24.29% | 10.09% | +1,199 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% | 1.26% | 0.81% | 0.60% | 0.00% | 0.12% | -114 bps | |
| Allowance / Loans | 2.52% | 2.63% | 2.47% | 3.16% | 3.07% | 3.04% | 3.03% | 3.12% | -4 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 | 13.82% | 23.61% | 22.90% | 22.69% | 21.82% | 20.52% | 20.04% | 22.96% | +27 bps | |
| Equity / Assets | 10.49% | 16.99% | 17.72% | 18.06% | 15.97% | 15.64% | 13.75% | 16.12% | -193 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.55% | 79.79% | 91.68% | 92.98% | 83.70% | 81.85% | 71.48% | 83.97% | -901 bps | |
| Liquid Assets / Assets | 0.27% | 0.25% | 0.27% | 0.29% | 0.26% | 0.00% | 0.00% | 0.00% | -29 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |