Manhattan Beach, CA · Cert 57678
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Manhattan Beach, CA · Cert 57678
FDIC
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.67% | 0.64% | 0.49% | 0.17% | 0.77% | 0.89% | 1.37% | 0.67% | +51 bps | |
| Return on Equity | 5.62% | 5.56% | 4.36% | 1.38% | 6.12% | 6.33% | 10.16% | 5.43% | +405 bps | |
| Net Interest Margin | 4.27% | 4.39% | 4.20% | 1.50% | 2.30% | 5.05% | 4.38% | 2.28% | +77 bps | |
| Efficiency Ratio | 76.31% | 82.34% | 79.59% | 66.62% | 55.42% | 51.16% | 45.85% | 61.24% | -538 bps | |
| Non-Interest Burden | 3.11% | 3.47% | 3.17% | 1.09% | 1.33% | 2.76% | 1.93% | 1.50% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.90% | 0.34% | 2.54% | 1.60% | 0.54% | 36.08% | 41.04% | 241% | +23,958 bps | |
| Loan Growth (YoY) | 1.89% | 2.24% | -3.04% | -14.70% | -4.76% | 13.89% | 30.10% | 215% | +23,016 bps | |
| Deposit Growth (YoY) | -4.95% | 0.18% | 3.02% | -2.76% | -3.69% | 24.44% | 32.45% | 260% | +26,262 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.57% | 0.08% | 0.80% | 0.00% | 0.01% | 0.10% | 0.27% | 0.10% | +10 bps | |
| Allowance / Loans | 2.28% | 2.34% | 2.42% | 0.14% | 0.26% | 0.55% | 0.72% | 0.49% | +35 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 15.79% | 15.18% | 15.56% | 14.36% | 15.09% | 16.06% | 16.79% | 11.55% | -282 bps | |
| Equity / Assets | 11.50% | 11.40% | 10.68% | 14.27% | 15.42% | 13.06% | 12.48% | 11.30% | -297 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.83% | 101.30% | 88.98% | 87.56% | 102.68% | 92.71% | 87.40% | 76.75% | -1,081 bps | |
| Liquid Assets / Assets | 11.56% | 8.83% | 19.28% | 17.30% | 9.39% | 20.23% | 22.95% | 12.81% | -449 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |