Fremont, CA · Cert 34912
FDIC
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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.
Fremont, CA · Cert 34912
FDIC
Q4 2002
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 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.35% | 0.36% | 0.31% | 0.28% | 0.17% | 0.27%1 | 0.30% | 0.29%1 | +1 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 1.91% | 2.99% | 3.42% | 3.27% | n/a | |
| Net Interest Margin | 5.00% | 4.45% | 4.05% | 3.62% | 3.72% | 3.97% | 3.68% | 3.50% | -12 bps | |
| Efficiency Ratio | 82.79% | 84.55% | 85.33% | 85.02% | 84.36% | 83.04% | 82.20% | 84.43% | -59 bps | |
| Non-Interest Burden | 4.10% | 3.73% | 3.43% | 3.05% | 3.14% | 3.30% | 3.02% | 2.96% | -9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.44% | 27.27% | 47.63% | 41.41% | 18.75% | 6.55% | 11.07% | 1.45% | -3,996 bps | |
| Loan Growth (YoY) | 59.20% | 38.91% | 40.45% | 28.11% | 15.62% | 10.52% | 11.45% | 8.83% | -1,928 bps | |
| Deposit Growth (YoY) | 16.86% | 21.05% | 47.94% | 41.78% | 17.85% | 12.63% | 12.13% | 1.02% | -4,076 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% | 1.55% | 0.77% | 0.48% | 0.35% | +35 bps | |
| Allowance / Loans | 1.44% | 1.49% | 1.44% | 1.48% | 1.25% | 1.47% | 1.48% | 1.52% | +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 | 10.51% | 11.06% | 11.82% | 11.56% | 11.57% | 11.97% | 11.06% | 11.26% | -30 bps | |
| Equity / Assets | 8.43% | 8.37% | 8.62% | 8.55% | 8.99% | 9.56% | 7.97% | 8.75% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.98% | 78.55% | 67.84% | 70.68% | 73.56% | 77.07% | 67.43% | 76.15% | +547 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |