Phoenix, AZ · Cert 57060
FDIC
Q4 2009
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Phoenix, AZ · Cert 57060
FDIC
Q4 2009
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 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.39% | 0.03%1 | -0.27% | -4.80% | -0.95% | -1.98% | -2.07% | -1.73% | +307 bps | |
| Return on Equity | 4.36% | 0.32% | -3.04% | -59.64% | -20.08% | -40.42% | -43.14% | -36.46% | +2,318 bps | |
| Net Interest Margin | 3.24% | 3.15% | 2.98% | 2.61% | 1.98% | 1.88% | 1.86% | 1.90% | -70 bps | |
| Efficiency Ratio | 84.41% | 89.13% | 95.71% | 142.30% | 108.89% | 156.86% | 112.66% | 124.73% | -1,757 bps | |
| Non-Interest Burden | 2.66% | 2.76% | 2.84% | 3.82% | 2.21% | 3.11% | 2.22% | 2.57% | -125 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.52% | 6.12% | 4.89% | 2.96% | 0.81% | -3.06% | 2.57% | -2.92% | -588 bps | |
| Loan Growth (YoY) | 10.33% | 8.11% | 1.67% | -1.73% | -6.91% | -13.85% | -18.69% | -20.77% | -1,904 bps | |
| Deposit Growth (YoY) | 2.77% | -6.86% | 2.90% | 9.05% | 15.18% | 12.85% | 15.94% | 2.41% | -664 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 | -0.07% | 0.24% | 0.28% | 0.90% | 5.26% | 4.22% | 4.90% | 4.67% | +377 bps | |
| Allowance / Loans | 0.89% | 0.95% | 1.23% | 4.30% | 3.33% | 3.05% | 3.31% | 2.68% | -162 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 | 10.64% | 10.65% | 11.05% | 6.78% | 7.01% | 7.63% | 7.22% | 7.06% | +29 bps | |
| Equity / Assets | 8.94% | 8.94% | 8.93% | 4.68% | 4.79% | 5.25% | 4.48% | 4.57% | -11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 121.59% | 123.99% | 114.38% | 103.96% | 98.26% | 94.66% | 80.21% | 80.43% | -2,354 bps | |
| Liquid Assets / Assets | 0.02% | 0.01% | 0.06% | 0.98% | 5.30% | 7.51% | 16.23% | 11.72% | +1,075 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |