Phoenix, AZ · Cert 57116
FDIC
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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 57116
FDIC
Q4 2002
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 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -6.57% | -3.69% | -2.05% | -1.65% | 0.19% | 0.16% | -0.48% | 0.17% | +182 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 1.64% | 1.37% | -3.95% | 1.23% | n/a | |
| Net Interest Margin | 3.96% | 2.68% | 2.56% | 1.83% | 3.26% | 3.42% | 3.21% | 0.65% | -119 bps | |
| Efficiency Ratio | 219% | 159.52% | 133.27% | 126.47% | 69.56% | 67.52% | 96.63% | 61.10% | -6,537 bps | |
| Non-Interest Burden | 8.91% | 4.38% | 3.46% | 2.35% | 2.23% | 2.27% | 3.09% | 0.42% | -193 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | 1127% | 120.63% | 99.74% | 43.26% | 34.37% | -109,213 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | 888% | 160.66% | 116.63% | 112.60% | 41.90% | -84,586 bps | |
| Deposit Growth (YoY) | n/a | n/a | n/a | 51448% | 113.51% | 104.81% | 43.48% | 21.76% | -5,142,586 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.70% | 1.70% | 1.70% | 1.70% | 1.70% | 1.71% | 1.75% | 1.94% | +24 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 | 20.69% | 18.09% | 19.02% | 16.55% | 15.72% | 16.52% | 14.75% | 14.13% | -242 bps | |
| Equity / Assets | 13.89% | 14.10% | 12.34% | 11.23% | 11.38% | 13.28% | 12.33% | 19.96% | +873 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 71.61% | 94.15% | 70.93% | 75.00% | 87.42% | 99.58% | 105.09% | 87.40% | +1,241 bps | |
| Liquid Assets / Assets | 0.00% | 0.16% | 0.11% | 0.09% | 0.09% | 0.08% | 0.08% | 0.07% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |