PackageTrendsPeer
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Sunrise Bank of San Diego

San Diego, CA · Cert 57067

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

Sunrise Bank of San Diego

San Diego, CA · Cert 57067

FDIC

Q4 2009

$83.8MAssets
$63.0MLoans
$66.1MDeposits
$8.6MEquity
Loan mix
69%RE $27.4M30%C&I $12.1M1%Consumer $0.3MQ4 2008Q4 2009
Deposit mix
70%Interest-bearing $46.3M30%Noninterest $19.8MQ4 2008Q4 2009

NIM

7.07%Q4 ’075.88%Q4 ’085.25%Q4 ’09-11%+2%

Non-interest income vs. expense

4.36%Q4 ’073.37%Q4 ’083.88%Q4 ’09-20%+22%

Executive Summary

  • Earnings: ROA of -2.44%, down 278 bps year over year; NIM at 4.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.69%.
  • Funding: loans stand at 95.21% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.44%-278 bps YoY

Net Interest Margin (YTD, annualized)

4.59%+11 bps YoY

Efficiency Ratio (YTD, annualized)

81.51%+1,129 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 Assets0.34%-1.47%-1.75%-2.39%-2.44%-278 bps
Return on Equity2.84%-12.47%-15.52%-21.38%-22.23%-2,506 bps
Net Interest Margin4.48%4.67%4.62%4.60%4.59%+11 bps
Efficiency Ratio70.22%74.23%75.28%78.10%81.51%+1,129 bps
Non-Interest Burden3.05%3.40%3.43%3.56%3.71%+66 bps
Growth
Asset Growth (YoY)5.39%1.23%-0.44%-3.77%-2.89%-829 bps
Loan Growth (YoY)2.36%-3.29%-2.22%-9.91%-17.45%-1,981 bps
Deposit Growth (YoY)-15.41%-5.09%-1.17%-5.43%10.04%+2,544 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.77%3.67%2.34%2.59%4.69%+392 bps
Allowance / Loans1.37%1.55%2.72%3.93%3.95%+257 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 Capital12.38%12.16%12.01%12.24%10.90%-148 bps
Equity / Assets12.31%11.32%10.19%10.89%10.25%-206 bps
Liquidity & Funding
Loans / Deposits126.92%109.93%102.69%101.42%95.21%-3,170 bps
Liquid Assets / Assets0.62%2.89%13.63%16.03%19.54%+1,893 bps
CRE / Total Capitaln/an/an/an/an/an/an/a