Mesa, AZ · Cert 57620
FDIC · 10 branches
Q3 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2022, the quarter ended September 30, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Mesa, AZ · Cert 57620
FDIC · 10 branches
Q3 2022
Market Position · Phoenix-Mesa-Chandler, AZ · 2022 SOD (annual) · 1.0% share · #11 of 61 inst. · $1.8B of $181.8B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.20% | 1.19% | 1.30% | 1.21% | 1.23% | 1.28% | 1.16% | 1.27% | +7 bps | |
| Return on Equity | 12.67% | 12.33% | 13.35% | 12.31% | 12.62% | 14.32% | 14.18% | 16.84% | +453 bps | |
| Net Interest Margin | 3.17% | 3.10% | 3.02% | 2.98% | 2.73% | 2.84% | 2.81% | 2.89% | -9 bps | |
| Efficiency Ratio | 54.71% | 59.14% | 56.72% | 56.05% | 54.94% | 51.01% | 49.66% | 47.82% | -823 bps | |
| Non-Interest Burden | 1.37% | 1.56% | 1.41% | 1.37% | 1.22% | 1.13% | 1.06% | 1.03% | -35 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 95.07% | 86.44% | 69.54% | 74.06% | 28.72% | 18.13% | 18.83% | 9.33% | -6,474 bps | |
| Loan Growth (YoY) | 41.00% | 45.10% | 27.61% | 29.68% | 17.31% | 14.92% | 12.28% | 11.84% | -1,784 bps | |
| Deposit Growth (YoY) | 95.56% | 92.70% | 67.58% | 82.55% | 30.33% | 19.14% | 22.70% | 12.93% | -6,962 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.09% | 0.12% | 0.08% | 0.05% | 0.04% | 0.04% | 0.58% | 0.66% | +60 bps | |
| Net Charge-Offs / Loans | 0.07% | -0.03% | 0.01% | 0.02% | 0.01% | -0.01% | 0.03% | 0.05% | +3 bps | |
| Allowance / Loans | 1.07% | 0.98% | 0.88% | 1.03% | 0.94% | 0.92% | 1.10% | 1.15% | +12 bps | |
| Allowance Coverage of NPLs | 12.5x | 8.3x | 10.6x | 18.8x | 23.7x | 23.6x | 1.9x | 1.7x | -17.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.09% | 7.17% | 7.48% | 8.18% | 7.99% | 7.86% | 7.72% | 7.96% | -22 bps | |
| Total Risk-Based Capital | 12.16% | 12.03% | 11.71% | 12.28% | 12.61% | 12.70% | 12.14% | 12.60% | +33 bps | |
| Equity / Assets | 10.06% | 9.20% | 10.07% | 9.89% | 9.57% | 8.29% | 6.61% | 5.81% | -408 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 57.20% | 56.65% | 59.40% | 54.43% | 51.49% | 54.64% | 54.35% | 53.91% | -53 bps | |
| Liquid Assets / Assets | 0.41% | 0.66% | 0.71% | 0.25% | 0.37% | 0.43% | 0.40% | 5.96% | +570 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |