Irvine, CA · Cert 35498
FDIC · 29 branches
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, 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.
Irvine, CA · Cert 35498
FDIC · 29 branches
Q3 2023
Market Position · Los Angeles-Long Beach-Anaheim, CA · 2023 SOD (annual) · 1.0% share · #19 of 108 inst. · $6.7B of $695.5B
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 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.85% | 2.17% | 1.72% | 1.55% | 1.42% | 0.99% | 0.95% | 1.29% | -26 bps | |
| Return on Equity | 6.71% | 16.82% | 13.45% | 12.10% | 11.06% | 7.98% | 7.64% | 10.23% | -187 bps | |
| Net Interest Margin | 2.81% | 3.43% | 3.48% | 3.50% | 3.59% | 3.33% | 3.16% | 3.23% | -27 bps | |
| Efficiency Ratio | 62.59% | 52.58% | 52.00% | 53.24% | 53.03% | 58.35% | 58.86% | 52.31% | -93 bps | |
| Non-Interest Burden | 1.68% | 1.69% | 1.70% | 1.74% | 1.78% | 1.81% | 1.75% | 1.26% | -48 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.30% | 20.85% | 18.46% | 13.15% | -2.08% | 4.74% | -1.48% | -1.30% | -1,444 bps | |
| Loan Growth (YoY) | 22.97% | 29.30% | 24.57% | 17.04% | -1.87% | -5.31% | -4.01% | -4.51% | -2,154 bps | |
| Deposit Growth (YoY) | 21.12% | 21.30% | 21.47% | 10.69% | -5.19% | -6.91% | -8.71% | -8.47% | -1,916 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.73% | 0.75% | 0.61% | 0.60% | 0.78% | 0.80% | 0.94% | 0.88% | +28 bps | |
| Net Charge-Offs / Loans | 0.09% | -1.72% | -0.89% | -0.59% | -0.35% | 0.22% | 0.26% | 0.40% | +99 bps | |
| Allowance / Loans | 1.28% | 1.25% | 1.26% | 1.27% | 1.21% | 1.20% | 1.13% | 1.07% | -20 bps | |
| Allowance Coverage of NPLs | 1.8x | 1.7x | 2.1x | 2.1x | 1.6x | 1.5x | 1.2x | 1.2x | -0.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.70% | 12.38% | 12.27% | 12.12% | 12.25% | 12.14% | 11.56% | 12.46% | +34 bps | |
| Total Risk-Based Capital | 15.71% | 15.75% | 15.52% | 15.67% | 16.00% | 15.93% | 15.64% | 16.37% | +70 bps | |
| Equity / Assets | 13.00% | 12.84% | 12.59% | 12.77% | 12.97% | 11.83% | 12.40% | 13.15% | +38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.24% | 99.32% | 98.37% | 99.87% | 99.62% | 101.02% | 103.43% | 104.19% | +432 bps | |
| Liquid Assets / Assets | 1.89% | 5.59% | 5.39% | 5.34% | 5.40% | 12.86% | 5.92% | 6.25% | +90 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |