Temecula, CA · Cert 57021
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Temecula, CA · Cert 57021
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.42% | -3.77% | -2.86% | 1.00% | 0.37% | 0.03%1 | 0.25% | -0.81% | -181 bps | |
| Return on Equity | -50.98% | -43.83% | -33.00% | 10.94% | 3.97% | 0.35% | 2.68% | -8.40% | -1,934 bps | |
| Net Interest Margin | 3.82% | 4.14% | 4.48% | 4.04% | 4.05% | 4.11% | 4.12% | 3.75% | -29 bps | |
| Efficiency Ratio | 165.47% | 164.45% | 146.79% | 112.14% | 110.14% | 111.59% | 103.56% | 118.82% | +667 bps | |
| Non-Interest Burden | 6.14% | 6.50% | 6.41% | 4.59% | 4.51% | 4.65% | 4.29% | 4.56% | -3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -19.89% | -21.69% | -25.41% | -20.96% | -15.52% | -9.33% | -6.85% | -6.05% | +1,491 bps | |
| Loan Growth (YoY) | -23.98% | -22.07% | -19.46% | -16.49% | -5.93% | -5.04% | -8.00% | -8.48% | +801 bps | |
| Deposit Growth (YoY) | -18.64% | -20.47% | -25.29% | -21.40% | -16.67% | -10.45% | -7.76% | -6.37% | +1,503 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 | 5.42% | 3.50% | 2.57% | 0.86% | 1.04% | 0.84% | 0.67% | 0.32% | -54 bps | |
| Allowance / Loans | 4.24% | 4.41% | 4.57% | 3.93% | 3.65% | 3.48% | 3.73% | 3.76% | -17 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 | 12.75% | 12.53% | 13.36% | 13.91% | 13.78% | 13.41% | 14.56% | 14.67% | +76 bps | |
| Equity / Assets | 8.37% | 8.35% | 9.07% | 9.18% | 9.54% | 9.24% | 9.92% | 9.42% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.87% | 77.74% | 81.39% | 77.79% | 82.27% | 82.43% | 81.18% | 76.05% | -175 bps | |
| Liquid Assets / Assets | 9.26% | 8.56% | 8.17% | 12.94% | 10.21% | 12.19% | 14.62% | 19.33% | +639 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |