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 $1.7MQ1 2012Q4 2013
Deposit mix
76%Interest-bearing $190.5M24%Noninterest $59.9MQ1 2012Q4 2013

Executive Summary

  • 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
n/a

NIM

3.51%Q4 ’11-8.88%Q4 ’124.69%Q4 ’13-368%+158%

Non-interest income vs. expense

2.83%Q4 ’11-7.87%Q4 ’123.86%Q4 ’13-333%+155%

Discrete quarter, annualized.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.13%1.25%0.98%1-2.11%0.37%0.41%0.95%0.55%+266 bps
Return on Equity1.50%15.17%11.01%-22.65%3.60%3.74%8.32%4.59%+2,724 bps
Net Interest Margin2.84%2.76%3.32%-7.72%3.69%4.05%4.31%4.46%+1,217 bps
Efficiency Ratio96.46%67.60%88.17%51.82%78.03%68.57%64.60%77.66%+2,584 bps
Non-Interest Burden2.73%1.46%2.90%-6.28%2.91%2.72%2.70%3.46%+974 bps
Growth
Asset Growth (YoY)16.40%10.14%5.44%35.41%4.19%6.39%1.06%-18.81%-5,422 bps
Loan Growth (YoY)-1.96%13.42%23.69%17.65%12.30%22.40%1.92%5.36%-1,229 bps
Deposit Growth (YoY)18.44%11.03%3.59%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.57%-0.31%0.63%-0.82%0.00%-0.01%0.09%0.10%+93 bps
Allowance / Loans1.89%1.94%1.73%0.10%0.18%0.41%0.42%0.41%+30 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 Capital13.63%13.17%13.09%13.43%13.89%12.79%14.21%14.76%+133 bps
Equity / Assets7.88%8.65%9.09%9.47%10.95%10.87%12.09%12.06%+260 bps
Liquidity & Funding
Loans / Deposits58.63%64.68%74.52%59.50%65.45%76.41%76.90%79.96%+2,046 bps
Liquid Assets / Assets25.01%8.29%1.06%22.82%14.58%6.52%5.32%4.75%-1,807 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a