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Cactus Commerce Bank, An Arizona Banking Corporation

Glendale, AZ · Cert 57645

FDIC

Q2 2009

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: Q2 2009, the quarter ended June 30, 2009, 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 2026-10-11

Cactus Commerce Bank, An Arizona Banking Corporation

Glendale, AZ · Cert 57645

FDIC

Q2 2009

$158.5MAssets
$78.5MLoans
$143.8MDeposits
$13.6MEquity
Loan mix
97%RE $63.4M3%C&I $1.7M0%Consumer $0.0MQ2 2008Q2 2009
Deposit mix
93%Interest-bearing $133.3M7%Noninterest $10.6MQ2 2008Q2 2009

NIM

6.68%Q2 ’075.87%Q2 ’082.99%Q2 ’09-12%-85%

Non-interest income vs. expense

4.03%Q2 ’074.45%Q2 ’083.98%Q2 ’09+19%-6%

Executive Summary

  • Earnings: ROA of -8.95%, down 640 bps year over year; NIM at 0.57%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 11.72%.
  • Funding: loans stand at 54.54% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-8.95%-640 bps YoY

Net Interest Margin (YTD, annualized)

0.57%-325 bps YoY

Efficiency Ratio (YTD, annualized)

794%+68,295 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-2.55%-2.00%-10.77%-5.73%-8.95%-640 bps
Return on Equity-8.46%-7.25%-44.51%-43.36%-77.36%-6,891 bps
Net Interest Margin3.82%2.99%2.55%1.14%0.57%-325 bps
Efficiency Ratio111.20%113.49%133.40%354%794%+68,295 bps
Non-Interest Burden4.31%3.45%10.69%4.28%4.06%-26 bps
Growth
Asset Growth (YoY)39.66%56.61%54.68%31.95%26.93%-1,273 bps
Loan Growth (YoY)89.57%74.01%22.54%6.54%-26.81%-11,638 bps
Deposit Growth (YoY)37.83%93.97%143.26%70.48%92.77%+5,494 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.12%0.04%0.21%7.22%11.72%+1,184 bps
Allowance / Loans2.84%3.27%4.28%3.82%4.29%+145 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 Capital19.63%19.34%18.84%18.96%15.77%-386 bps
Equity / Assets25.70%21.97%13.41%13.01%8.56%-1,714 bps
Liquidity & Funding
Loans / Deposits143.65%92.44%72.55%73.28%54.54%-8,911 bps
Liquid Assets / Assets0.00%0.00%0.02%23.76%36.16%+3,616 bps
CRE / Total Capitaln/an/an/an/an/an/an/a