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Desert Community Bank

Las Vegas, NV · Cert 35253

FDIC

Q4 2009

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: Q4 2009, the quarter ended December 31, 2009, 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

Desert Community Bank

Las Vegas, NV · Cert 35253

FDIC

Q4 2009

$97.6MAssets
$81.1MLoans
$86.5MDeposits
$6.8MEquity
Loan mix
86%RE $52.3M13%C&I $8.1M1%Consumer $0.4MQ4 2008Q4 2009
Deposit mix
78%Interest-bearing $67.5M22%Noninterest $19.1MQ4 2008Q4 2009

NIM

7.92%Q4 ’076.47%Q4 ’085.14%Q4 ’09-20%-12%

Non-interest income vs. expense

3.28%Q4 ’072.82%Q4 ’083.06%Q4 ’09-16%+42%

Executive Summary

  • Earnings: ROA of -2.85%, down 343 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.03%.
  • Funding: loans stand at 93.70% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.85%-343 bps YoY

Net Interest Margin (YTD, annualized)

3.46%-49 bps YoY

Efficiency Ratio (YTD, annualized)

95.31%+3,175 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets0.58%-1.79%-1.79%-2.03%-2.85%-343 bps
Return on Equity6.00%-18.78%-19.19%-22.90%-33.50%-3,950 bps
Net Interest Margin3.95%3.60%3.88%3.69%3.46%-49 bps
Efficiency Ratio63.56%78.82%78.46%77.69%95.31%+3,175 bps
Non-Interest Burden2.34%2.76%2.96%2.79%3.31%+98 bps
Growth
Asset Growth (YoY)-1.50%-9.50%-11.41%2.74%-2.68%-118 bps
Loan Growth (YoY)-2.96%-5.86%-6.81%-6.24%-7.21%-425 bps
Deposit Growth (YoY)12.09%-1.09%-2.15%14.94%15.99%+390 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.76%3.95%2.55%1.95%3.03%+227 bps
Allowance / Loans1.08%1.08%1.89%3.08%3.58%+250 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 Capital10.65%10.40%10.09%9.39%8.02%-263 bps
Equity / Assets9.52%9.55%8.95%7.60%7.02%-251 bps
Liquidity & Funding
Loans / Deposits117.13%117.72%107.70%92.79%93.70%-2,343 bps
Liquid Assets / Assets7.20%1.81%3.23%15.06%11.55%+435 bps
CRE / Total Capitaln/an/an/an/an/an/an/a