PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

San Diego Trust Bank

San Diego, CA · Cert 57608

FDIC

Q1 2013

$210.9MAssets
$38.0MLoans
$182.3MDeposits
$25.5MEquity
Loan mix
78%RE $18.5M20%C&I $4.8M2%Consumer $0.5MQ1 2012Q1 2013
Deposit mix
69%Interest-bearing $125.3M31%Noninterest $57.0MQ1 2012Q1 2013

NIM

3.94%Q1 ’113.55%Q1 ’122.91%Q1 ’13-7%-17%

Non-interest income vs. expense

3.06%Q1 ’112.57%Q1 ’122.33%Q1 ’13-19%-7%

Executive Summary

  • Earnings: ROA of 0.51%, down 38 bps year over year; NIM at 2.71%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 20.83% of deposits as of Q1 2013.

Financial Results

Return on Assets (quarter, annualized)

0.51%-38 bps YoY

Net Interest Margin (quarter, annualized)

2.71%-57 bps YoY

Efficiency Ratio (quarter, annualized)

79.81%+758 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.89%0.79%0.80%0.80%0.51%-38 bps
Return on Equity8.37%7.17%6.94%7.19%4.53%-384 bps
Net Interest Margin3.28%3.07%2.97%2.84%2.71%-57 bps
Efficiency Ratio72.23%75.93%81.32%85.77%79.81%+758 bps
Non-Interest Burden2.29%2.28%2.38%2.40%2.12%-17 bps
Growth
Asset Growth (YoY)8.66%8.20%2.98%13.38%-4.02%-1,268 bps
Loan Growth (YoY)-11.09%-11.58%-15.70%-6.15%-2.41%+868 bps
Deposit Growth (YoY)6.04%5.31%0.15%11.51%5.07%-97 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%0.00%0.00%0 bps
Allowance / Loans3.76%3.81%3.52%2.72%2.67%-109 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 Capital26.28%27.21%29.40%29.67%30.90%+461 bps
Equity / Assets10.71%11.30%11.68%10.63%12.10%+139 bps
Liquidity & Funding
Loans / Deposits22.43%19.44%19.15%19.81%20.83%-160 bps
Liquid Assets / Assets6.38%8.72%11.54%23.40%10.86%+448 bps
CRE / Total Capitaln/an/an/an/an/an/an/a