Biltmore Bank of Arizona, The

Phoenix, AZ · Cert 57479

FDIC

Q4 2013

$287.3MAssets

$200.2MLoans

$250.3MDeposits

$34.7MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.55%, up 266 bps year over year; NIM at 4.46%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
Funding: loans stand at 79.96% of deposits as of Q4 2013.

Return on Assets (quarter, annualized)

0.55%+266 bps YoY

Net Interest Margin (quarter, annualized)

4.46%+1,217 bps YoY

Efficiency Ratio (quarter, annualized)

77.66%+2,584 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2012	Q1 2013	Q2 2013	Q3 2013	Q4 2013	YoY Δ	Trend
Earnings
Return on Assets	-2.11%	0.37%	0.41%	0.95%	0.55%	+266 bps
Return on Equity	-22.65%	3.60%	3.74%	8.32%	4.59%	+2,724 bps
Net Interest Margin	-7.72%	3.69%	4.05%	4.31%	4.46%	+1,217 bps
Efficiency Ratio	51.82%	78.03%	68.57%	64.60%	77.66%	+2,584 bps
Non-Interest Burden	-6.28%	2.91%	2.72%	2.70%	3.46%	+974 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 / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.82%	0.00%	-0.01%	0.09%	0.10%	+93 bps
Allowance / Loans	0.10%	0.18%	0.41%	0.42%	0.41%	+30 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	13.43%	13.89%	12.79%	14.21%	14.76%	+133 bps
Equity / Assets	9.47%	10.95%	10.87%	12.09%	12.06%	+260 bps
Liquidity & Funding
Loans / Deposits	59.50%	65.45%	76.41%	76.90%	79.96%	+2,046 bps
Liquid Assets / Assets	22.82%	14.58%	6.52%	5.32%	4.75%	-1,807 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a