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County Commerce Bank

Ventura, CA · Cert 57423

FDIC · 3 branches

Q4 2015

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 2015, the quarter ended December 31, 2015, 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

County Commerce Bank

Ventura, CA · Cert 57423

FDIC · 3 branches

Q4 2015

$256.2MAssets
$164.4MLoans
$225.8MDeposits
$24.7MEquity
Loan mix
79%RE $79.1M20%C&I $20.2M0%Consumer $0.2MQ4 2014Q4 2015
Deposit mix
63%Interest-bearing $141.7M37%Noninterest $84.1MQ4 2014Q4 2015

NIM

3.21%Q4 ’132.95%Q4 ’143.33%Q4 ’15-8%+14%

Non-interest income vs. expense

1.87%Q4 ’131.71%Q4 ’142.03%Q4 ’15-10%+18%

Market Position · Oxnard-Thousand Oaks-Ventura, CA · 2015 SOD (annual) · 1.2% share · #12 of 26 inst. · $0.2B of $17.3B

Executive Summary

  • Earnings: ROA of 0.75%, down 5 bps year over year; NIM at 3.17%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.59%.
  • Funding: loans stand at 72.84% of deposits as of Q4 2015.

Financial Results

Return on Assets (YTD, annualized)

0.75%-5 bps YoY

Net Interest Margin (YTD, annualized)

3.17%+39 bps YoY

Efficiency Ratio (YTD, annualized)

60.51%+206 bps YoY

Tier 1 Leverage Ratio

9.59%

Year to date, annualized, through each quarter.

MetricQ4 2014Q1 2015Q2 2015Q3 2015Q4 2015YoY ΔTrend
Earnings
Return on Assets0.79%0.76%0.82%0.84%0.75%-5 bps
Return on Equity8.89%8.51%9.05%9.19%8.07%-82 bps
Net Interest Margin2.77%3.03%3.11%3.17%3.17%+39 bps
Efficiency Ratio58.45%58.06%56.07%56.19%60.51%+206 bps
Non-Interest Burden1.56%1.68%1.67%1.69%1.84%+28 bps
Growth
Asset Growth (YoY)12.96%7.27%6.75%1.82%1.39%-1,157 bps
Loan Growth (YoY)10.36%18.77%15.17%20.53%17.14%+678 bps
Deposit Growth (YoY)11.14%6.11%3.36%-0.60%4.79%-636 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.67%1.59%1.56%1.45%1.43%-24 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/a9.18%9.38%9.56%9.59%n/a
Total Risk-Based Capital16.31%15.43%15.68%15.10%15.00%-131 bps
Equity / Assets8.89%9.01%9.32%9.37%9.65%+76 bps
Liquidity & Funding
Loans / Deposits65.16%66.20%69.52%72.64%72.84%+768 bps
Liquid Assets / Assets41.02%37.77%36.67%32.25%31.24%-977 bps
CRE / Total Capitaln/an/an/an/an/an/an/a