Scottsdale, AZ · Cert 57469
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 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.
Scottsdale, AZ · Cert 57469
FDIC
Q1 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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.01% | 0.09% | -0.03% | 0.65% | 0.60% | 0.71% | 0.84% | -0.56% | -121 bps | |
| Return on Equity | 8.86% | 0.63% | -0.19% | 3.62% | 3.35% | 4.02% | 4.95% | -3.89% | -752 bps | |
| Net Interest Margin | 4.63% | 0.35% | 1.02% | 4.12% | 4.17% | 4.29% | 3.97% | 3.73% | -40 bps | |
| Efficiency Ratio | 66.35% | 67.16% | 91.28% | 71.52% | 69.65% | 66.12% | 63.34% | 68.35% | -316 bps | |
| Non-Interest Burden | 2.59% | 0.20% | 0.94% | 2.70% | 2.69% | 2.63% | 2.34% | 2.51% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 54.80% | 88.48% | 82.13% | 76.20% | 91.21% | 50.26% | 59.55% | 54.70% | -2,150 bps | |
| Loan Growth (YoY) | 76.75% | 46.25% | 73.63% | 90.40% | 78.74% | 93.60% | 68.01% | 55.91% | -3,450 bps | |
| Deposit Growth (YoY) | 57.96% | 79.60% | 65.64% | 47.71% | 63.80% | 39.67% | 66.28% | 53.78% | +607 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% | 0.08% | +8 bps | |
| Allowance / Loans | 0.67% | 0.68% | 0.67% | 0.69% | 0.81% | 0.93% | 1.09% | 1.60% | +91 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 | 12.43% | 12.32% | 10.45% | 9.68% | 11.88% | 10.76% | 10.95% | 10.36% | +68 bps | |
| Equity / Assets | 10.99% | 21.17% | 19.03% | 17.12% | 18.02% | 16.75% | 14.91% | 13.77% | -335 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.52% | 86.42% | 95.51% | 107.15% | 112.96% | 119.79% | 96.50% | 108.63% | +148 bps | |
| Liquid Assets / Assets | 5.57% | 2.01% | 1.81% | 0.05% | 0.03% | 0.11% | 0.06% | 0.12% | +6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |