Cave Creek, AZ · Cert 57149
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Cave Creek, AZ · Cert 57149
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.81% | -0.84% | -0.80% | -0.89% | -1.19% | -1.33% | -1.10% | -1.34% | -45 bps | |
| Return on Equity | -2.64% | -2.95% | -3.45% | -3.76% | -5.06% | -5.75% | -5.75% | -7.14% | -338 bps | |
| Net Interest Margin | 2.39% | 2.07% | 2.08% | 2.15% | 2.15% | 2.08% | 1.98% | 1.73% | -42 bps | |
| Efficiency Ratio | 137.26% | 143.19% | 152.60% | 157.61% | 172.31% | 182.86% | 175.27% | 173.24% | +1,563 bps | |
| Non-Interest Burden | 3.44% | 3.10% | 3.31% | 3.53% | 3.90% | 4.02% | 3.70% | 3.19% | -34 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 60.07% | 89.58% | 73.38% | 38.84% | 27.81% | 10.89% | 38.05% | 37.61% | -123 bps | |
| Loan Growth (YoY) | 57.10% | 64.96% | 69.06% | 40.36% | 33.84% | 50.19% | 92.08% | 98.86% | +5,850 bps | |
| Deposit Growth (YoY) | 74.47% | 133.52% | 98.52% | 44.35% | 34.12% | 11.64% | 49.51% | 47.45% | +310 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 | -0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.04% | +4 bps | |
| Allowance / Loans | 1.19% | 1.12% | 1.11% | 1.12% | 1.34% | 1.19% | 0.90% | 1.25% | +12 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 | 30.15% | 27.18% | 27.85% | 27.10% | 25.49% | 22.46% | 17.82% | 17.44% | -966 bps | |
| Equity / Assets | 27.42% | 22.90% | 23.40% | 24.43% | 23.21% | 21.96% | 17.12% | 17.82% | -661 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.14% | 58.28% | 60.48% | 66.92% | 68.00% | 78.40% | 77.70% | 90.26% | +2,333 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |