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Torrey Pines Bank

San Diego, CA · Cert 57577

FDIC

Q3 2013

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: Q3 2013, the quarter ended September 30, 2013, 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 2026-10-10

Torrey Pines Bank

San Diego, CA · Cert 57577

FDIC

Q3 2013

$2.1BAssets
$1.5BLoans
$1.8BDeposits
$171.8MEquity
Loan mix
68%RE $667.4M29%C&I $288.7M3%Consumer $28.7MQ3 2012Q3 2013
Deposit mix
70%Interest-bearing $1.3B30%Noninterest $0.6BQ3 2012Q3 2013

NIM

5.06%Q3 ’114.78%Q3 ’124.31%Q3 ’13-1%-10%

Non-interest income vs. expense

2.52%Q3 ’112.38%Q3 ’122.46%Q3 ’13-5%+4%

Executive Summary

  • Earnings: ROA of 1.09%, down 13 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 82.62% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

1.09%-13 bps YoY

Net Interest Margin (YTD, annualized)

4.13%-45 bps YoY

Efficiency Ratio (YTD, annualized)

56.81%+714 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets1.23%1.08%1.28%1.20%1.09%-13 bps
Return on Equity13.99%12.48%14.88%14.10%12.95%-104 bps
Net Interest Margin4.57%4.49%4.21%4.22%4.13%-45 bps
Efficiency Ratio49.67%49.55%56.91%57.13%56.81%+714 bps
Non-Interest Burden2.16%2.13%2.30%2.32%2.26%+9 bps
Growth
Asset Growth (YoY)16.31%16.86%9.60%7.16%10.05%-626 bps
Loan Growth (YoY)16.07%14.35%7.25%7.01%6.54%-953 bps
Deposit Growth (YoY)15.25%18.53%10.97%9.85%14.30%-95 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.40%0.63%0.24%0.12%0.05%-36 bps
Allowance / Loans1.22%1.04%1.04%1.02%1.20%-2 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 Capital11.68%10.77%11.57%11.16%11.53%-15 bps
Equity / Assets8.92%8.37%8.81%8.37%8.27%-65 bps
Liquidity & Funding
Loans / Deposits88.65%89.81%84.19%86.99%82.62%-602 bps
Liquid Assets / Assets1.86%2.74%5.48%3.88%5.79%+393 bps
CRE / Total Capitaln/an/an/an/an/an/an/a