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Letter portraitLegal landscapeQuarterYTD

1st Century Bank, National Association

Los Angeles, CA · Cert 57657

FDIC · 1 branch

Q2 2016

$763.2MAssets
$642.6MLoans
$638.9MDeposits
$66.3MEquity
Loan mix
80%RE $385.1M17%C&I $83.8M2%Consumer $10.9MQ2 2015Q2 2016
Deposit mix
36%Interest-bearing $226.9M64%Noninterest $412.0MQ2 2015Q2 2016

NIM

3.36%Q2 ’143.47%Q2 ’153.71%Q2 ’16+4%+7%

Non-interest income vs. expense

2.82%Q2 ’142.77%Q2 ’153.36%Q2 ’16-1%+21%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2016 SOD (annual) · 0.1% share · #51 of 125 inst. · $0.6B of $494.7B

Executive Summary

  • Earnings: ROA of 0.15%, down 12 bps year over year; NIM at 3.61%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 8.56%, down 68 bps from a year ago.
  • Funding: loans stand at 100.58% of deposits as of Q2 2016.

Financial Results

Return on Assets (YTD, annualized)

0.15%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.61%+25 bps YoY

Efficiency Ratio (YTD, annualized)

90.44%+987 bps YoY

Tier 1 Leverage Ratio

8.56%-68 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.27%0.35%0.39%0.15%0.15%-12 bps
Return on Equity2.89%3.86%4.30%1.74%1.69%-120 bps
Net Interest Margin3.36%3.21%3.18%3.82%3.61%+25 bps
Efficiency Ratio80.57%77.00%75.41%90.10%90.44%+987 bps
Non-Interest Burden2.69%2.45%2.38%3.43%3.25%+56 bps
Growth
Asset Growth (YoY)19.28%23.30%25.07%19.92%15.41%-387 bps
Loan Growth (YoY)25.77%31.14%35.13%26.95%23.79%-197 bps
Deposit Growth (YoY)23.88%28.19%18.06%21.78%9.32%-1,457 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%-0.01%0.00%0.03%+3 bps
Allowance / Loans1.60%1.57%1.50%1.50%1.44%-16 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.24%8.68%8.92%9.14%8.56%-68 bps
Total Risk-Based Capital11.78%11.39%11.27%11.13%10.68%-110 bps
Equity / Assets8.94%8.42%8.80%8.85%8.69%-25 bps
Liquidity & Funding
Loans / Deposits88.82%85.62%99.96%92.94%100.58%+1,176 bps
Liquid Assets / Assets8.26%11.67%6.24%5.58%4.28%-398 bps
CRE / Total Capitaln/an/an/an/an/an/an/a