PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Biltmore Bank of Arizona, The

Phoenix, AZ · Cert 57479

FDIC

Q4 2013

$287.3MAssets
$200.2MLoans
$250.3MDeposits
$34.7MEquity
Loan mix
79%RE $144.4M20%C&I $36.7M1%Consumer $1.7MQ4 2012Q4 2013
Deposit mix
76%Interest-bearing $190.5M24%Noninterest $59.9MQ4 2012Q4 2013

NIM

3.70%Q4 ’110.17%Q4 ’124.53%Q4 ’13-95%+2639%

Non-interest income vs. expense

3.08%Q4 ’110.08%Q4 ’123.47%Q4 ’13-97%+3806%

Executive Summary

  • Earnings: ROA of 0.56%, up 55 bps year over year; NIM at 4.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 79.96% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

0.56%+55 bps YoY

Net Interest Margin (YTD, annualized)

4.28%+413 bps YoY

Efficiency Ratio (YTD, annualized)

72.02%+2,324 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.01%0.37%0.38%0.56%0.56%+55 bps
Return on Equity0.10%3.60%3.68%5.22%5.06%+496 bps
Net Interest Margin0.16%3.69%3.81%4.24%4.28%+413 bps
Efficiency Ratio48.79%78.03%72.91%70.06%72.02%+2,324 bps
Non-Interest Burden0.08%2.91%2.76%2.94%3.06%+298 bps
Growth
Asset Growth (YoY)35.41%4.19%6.39%1.06%-18.81%-5,422 bps
Loan Growth (YoY)17.65%12.30%22.40%1.92%5.36%-1,229 bps
Deposit Growth (YoY)34.75%0.59%3.61%-1.23%-21.60%-5,634 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%0.03%0.04%+4 bps
Allowance / Loans0.10%0.18%0.41%0.42%0.41%+30 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.43%13.89%12.79%14.21%14.76%+133 bps
Equity / Assets9.47%10.95%10.87%12.09%12.06%+260 bps
Liquidity & Funding
Loans / Deposits59.50%65.45%76.41%76.90%79.96%+2,046 bps
Liquid Assets / Assets22.82%14.58%6.52%5.32%4.75%-1,807 bps
CRE / Total Capitaln/an/an/an/an/an/an/a