San Diego, CA · Cert 57067
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.
San Diego, CA · Cert 57067
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 | 0.68% | 0.38% | 0.25% | 0.34% | -1.47% | -1.75% | -2.39% | -2.44% | -278 bps | |
| Return on Equity | 5.53% | 3.16% | 2.09% | 2.84% | -12.47% | -15.52% | -21.38% | -22.23% | -2,506 bps | |
| Net Interest Margin | 4.37% | 4.20% | 4.20% | 4.48% | 4.67% | 4.62% | 4.60% | 4.59% | +11 bps | |
| Efficiency Ratio | 72.23% | 72.44% | 73.37% | 70.22% | 74.23% | 75.28% | 78.10% | 81.51% | +1,129 bps | |
| Non-Interest Burden | 3.06% | 2.92% | 2.99% | 3.05% | 3.40% | 3.43% | 3.56% | 3.71% | +66 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.74% | 9.27% | -2.40% | 5.39% | 1.23% | -0.44% | -3.77% | -2.89% | -829 bps | |
| Loan Growth (YoY) | 24.65% | 11.30% | -4.38% | 2.36% | -3.29% | -2.22% | -9.91% | -17.45% | -1,981 bps | |
| Deposit Growth (YoY) | 15.10% | 2.22% | -1.49% | -15.41% | -5.09% | -1.17% | -5.43% | 10.04% | +2,544 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 | 0.00% | 0.69% | 0.95% | 0.77% | 3.67% | 2.34% | 2.59% | 4.69% | +392 bps | |
| Allowance / Loans | 1.20% | 1.22% | 1.26% | 1.37% | 1.55% | 2.72% | 3.93% | 3.95% | +257 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 | 11.50% | 11.39% | 11.73% | 12.38% | 12.16% | 12.01% | 12.24% | 10.90% | -148 bps | |
| Equity / Assets | 11.94% | 11.18% | 12.07% | 12.31% | 11.32% | 10.19% | 10.89% | 10.25% | -206 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 107.88% | 103.79% | 106.47% | 126.92% | 109.93% | 102.69% | 101.42% | 95.21% | -3,170 bps | |
| Liquid Assets / Assets | 0.01% | 0.00% | 0.00% | 0.62% | 2.89% | 13.63% | 16.03% | 19.54% | +1,893 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |