Stockton, CA · Cert 35215
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Stockton, CA · Cert 35215
FDIC
Q3 2008
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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.58% | 0.60% | 0.66% | 0.47% | 0.55% | 0.73% | -0.08% | -73 bps | |
| Return on Equity | 9.63% | 6.44% | 6.64% | 7.33% | 5.21% | 6.22% | 8.29% | -0.92% | -825 bps | |
| Net Interest Margin | 3.29% | 3.33% | 3.41% | 3.24% | 3.09% | 3.30% | 3.22% | 3.45% | +21 bps | |
| Efficiency Ratio | 66.53% | 77.94% | 74.75% | 72.64% | 73.87% | 64.83% | 61.73% | 60.48% | -1,215 bps | |
| Non-Interest Burden | 2.07% | 2.53% | 2.44% | 2.25% | 2.20% | 2.07% | 1.84% | 1.95% | -30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 33.75% | 18.48% | 14.05% | 8.08% | 1.47% | 15.17% | 7.99% | -0.77% | -885 bps | |
| Loan Growth (YoY) | 37.39% | 17.24% | 8.63% | 11.13% | -0.18% | 11.83% | 7.52% | 5.84% | -529 bps | |
| Deposit Growth (YoY) | 32.32% | 19.01% | 19.35% | 10.35% | 1.22% | 16.65% | 8.77% | -4.13% | -1,448 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 | -0.01% | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.32% | 1.19% | +119 bps | |
| Allowance / Loans | 1.24% | 1.25% | 1.24% | 1.25% | 1.36% | 1.45% | 1.60% | 1.72% | +47 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 | 13.60% | 14.07% | 13.79% | 12.95% | 13.47% | 12.31% | 13.10% | 12.68% | -28 bps | |
| Equity / Assets | 8.61% | 9.44% | 9.02% | 8.77% | 9.05% | 8.60% | 8.77% | 7.96% | -82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 57.46% | 62.17% | 62.10% | 60.06% | 56.67% | 59.60% | 61.39% | 66.31% | +625 bps | |
| Liquid Assets / Assets | 2.30% | 3.42% | 6.21% | 5.95% | 5.89% | 7.04% | 7.64% | 7.65% | +171 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |