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Beach Business Bank

Manhattan Beach, CA · Cert 57678

FDIC

Q3 2013

$1.1BAssets
$717.9MLoans
$935.3MDeposits
$120.4MEquity
Loan mix
60%RE $356.3M37%C&I $218.0M3%Consumer $17.2MQ3 2012Q3 2013
Deposit mix
60%Interest-bearing $556.6M40%Noninterest $378.7MQ3 2012Q3 2013

NIM

4.93%Q3 ’111.62%Q3 ’122.45%Q3 ’13-64%+52%

Non-interest income vs. expense

3.49%Q3 ’111.21%Q3 ’121.73%Q3 ’13-62%+37%

Executive Summary

  • Earnings: ROA of 0.67%, up 51 bps year over year; NIM at 2.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 76.75% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.67%+51 bps YoY

Net Interest Margin (YTD, annualized)

2.28%+77 bps YoY

Efficiency Ratio (YTD, annualized)

61.24%-538 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.17%0.77%0.89%1.37%0.67%+51 bps
Return on Equity1.38%6.12%6.33%10.16%5.43%+405 bps
Net Interest Margin1.50%2.30%5.05%4.38%2.28%+77 bps
Efficiency Ratio66.62%55.42%51.16%45.85%61.24%-538 bps
Non-Interest Burden1.09%1.33%2.76%1.93%1.50%+41 bps
Growth
Asset Growth (YoY)1.60%0.54%36.08%41.04%241%+23,958 bps
Loan Growth (YoY)-14.70%-4.76%13.89%30.10%215%+23,016 bps
Deposit Growth (YoY)-2.76%-3.69%24.44%32.45%260%+26,262 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.01%0.10%0.27%0.10%+10 bps
Allowance / Loans0.14%0.26%0.55%0.72%0.49%+35 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 Capital14.36%15.09%16.06%16.79%11.55%-282 bps
Equity / Assets14.27%15.42%13.06%12.48%11.30%-297 bps
Liquidity & Funding
Loans / Deposits87.56%102.68%92.71%87.40%76.75%-1,081 bps
Liquid Assets / Assets17.30%9.39%20.23%22.95%12.81%-449 bps
CRE / Total Capitaln/an/an/an/an/an/an/a