PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Calnet Business Bank, National Association

Sacramento, CA · Cert 57314

FDIC

Q4 2005

$176.6MAssets
$108.7MLoans
$152.9MDeposits
$22.7MEquity
Loan mix
32%RE $6.3M68%C&I $13.2M0%Consumer $0.0MQ1 2004Q4 2005
Deposit mix
44%Interest-bearing $67.1M56%Noninterest $85.8MQ1 2004Q4 2005

Executive Summary

  • Earnings: ROA of 1.43%, up 48 bps year over year; NIM at 4.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 71.10% of deposits as of Q4 2005.

Return on Assets (YTD, annualized)

1.43%+48 bps YoY

Net Interest Margin (YTD, annualized)

4.75%+120 bps YoY

Efficiency Ratio (YTD, annualized)

75.65%-411 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

4.35%Q4 ’034.32%Q4 ’045.65%Q4 ’05+10%+34%

Non-interest income vs. expense

4.02%Q4 ’033.80%Q4 ’044.15%Q4 ’05-23%+32%

Year to date, annualized, through each quarter.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets0.07%0.44%0.78%0.95%1.08%1.08%1.27%1.43%+48 bps
Return on Equity0.84%5.01%9.14%9.74%8.03%7.82%9.08%10.41%+66 bps
Net Interest Margin3.58%3.84%3.76%3.56%4.42%4.68%4.86%4.75%+120 bps
Efficiency Ratio92.34%87.45%82.14%79.76%73.45%73.34%74.33%75.65%-411 bps
Non-Interest Burden3.23%3.23%2.88%2.59%2.84%3.10%3.37%3.42%+83 bps
Growth
Asset Growth (YoY)69.45%43.62%42.07%48.54%40.20%30.99%21.26%13.01%-3,553 bps
Loan Growth (YoY)56.26%25.39%25.10%17.83%21.17%34.63%36.72%34.50%+1,667 bps
Deposit Growth (YoY)82.88%49.88%46.72%41.96%32.38%21.80%12.46%13.48%-2,848 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.25%1.30%1.28%1.21%1.23%1.19%1.17%1.17%-4 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital11.74%12.11%11.60%20.66%20.00%19.28%18.89%18.59%-207 bps
Equity / Assets8.72%8.40%8.12%13.20%13.57%14.57%14.58%12.87%-33 bps
Liquidity & Funding
Loans / Deposits74.96%72.05%68.00%59.99%68.61%79.64%82.67%71.10%+1,111 bps
Liquid Assets / Assets0.27%0.35%0.32%0.26%0.26%0.20%0.20%0.17%-9 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a