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Asiana Bank

Sunnyvale, CA · Cert 34831

FDIC

Q2 2003

$36.5MAssets
$25.6MLoans
$30.5MDeposits
$5.9MEquity
Deposit mix
83%Interest-bearing $25.5M17%Noninterest $5.1MQ2 2002Q2 2003

NIM

7.55%Q2 ’016.26%Q2 ’025.14%Q2 ’03+25%-22%

Non-interest income vs. expense

6.24%Q2 ’016.62%Q2 ’025.54%Q2 ’03+8%-17%

Executive Summary

  • Earnings: ROA of -0.96%, up 374 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.23%.
  • Funding: loans stand at 83.97% of deposits as of Q2 2003.

Financial Results

Return on Assets (quarter, annualized)

-0.96%+374 bps YoY

Net Interest Margin (quarter, annualized)

3.67%-102 bps YoY

Efficiency Ratio (quarter, annualized)

131.80%+559 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets-4.70%-1.80%0.12%-0.44%-0.96%+374 bps
Return on Equity-26.27%-10.62%0.79%-2.97%-6.45%+1,982 bps
Net Interest Margin4.69%4.46%4.16%3.99%3.67%-102 bps
Efficiency Ratio126.21%136.23%98.35%118.44%131.80%+559 bps
Non-Interest Burden6.07%6.39%4.06%4.83%5.01%-106 bps
Growth
Asset Growth (YoY)4.00%1.80%-1.41%18.49%7.12%+312 bps
Loan Growth (YoY)1.34%2.21%3.15%-3.09%-0.57%-192 bps
Deposit Growth (YoY)-1.90%-4.07%0.56%24.29%10.09%+1,199 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.51%0.00%0.00%0.00%0.23%-228 bps
Allowance / Loans3.16%3.07%3.04%3.03%3.12%-4 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 Capital22.69%21.82%20.52%20.04%22.96%+27 bps
Equity / Assets18.06%15.97%15.64%13.75%16.12%-193 bps
Liquidity & Funding
Loans / Deposits92.98%83.70%81.85%71.48%83.97%-901 bps
Liquid Assets / Assets0.29%0.26%0.00%0.00%0.00%-29 bps
CRE / Total Capitaln/an/an/an/an/an/an/a