Mesa, AZ · Cert 57697
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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 57697
FDIC
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.03% | -1.65% | -6.48% | -9.08% | -17.76% | -13.88% | -13.40% | -21.25% | -1,217 bps | |
| Return on Equity | -0.16% | -8.16% | -33.09% | -56.38% | -126.12% | -108.17% | -116.83% | -696% | -64,000 bps | |
| Net Interest Margin | 3.61% | 3.68% | 3.18% | 1.66% | 1.34% | 1.71% | 1.65% | 1.63% | -3 bps | |
| Efficiency Ratio | 101.53% | 104.89% | 130.93% | 1046% | n/a | n/a | n/a | n/a | n/a | |
| Non-Interest Burden | 3.67% | 3.85% | 4.15% | 5.23% | 8.61% | 8.54% | 8.70% | 10.80% | +557 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.93% | -22.19% | -25.09% | -20.71% | -22.44% | -19.36% | -15.47% | -15.90% | +481 bps | |
| Loan Growth (YoY) | -17.62% | -30.20% | -30.73% | -24.19% | -32.06% | -31.93% | -34.07% | -37.48% | -1,329 bps | |
| Deposit Growth (YoY) | -17.13% | -26.41% | -22.41% | -13.51% | -11.59% | -6.20% | -4.17% | -0.88% | +1,264 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 | 0.33% | 2.28% | 4.31% | 1.21% | 22.13% | 18.49% | 16.59% | 6.57% | +536 bps | |
| Allowance / Loans | 2.89% | 4.44% | 7.15% | 8.52% | 5.24% | 5.14% | 5.46% | 8.89% | +36 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 | 23.38% | 23.20% | 19.71% | 17.81% | 11.71% | 10.63% | 7.61% | 0.73% | -1,708 bps | |
| Equity / Assets | 21.22% | 21.74% | 16.77% | 15.40% | 9.61% | 8.65% | 5.55% | 0.40% | -1,500 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.95% | 109.38% | 103.37% | 106.85% | 87.58% | 79.38% | 71.12% | 67.39% | -3,946 bps | |
| Liquid Assets / Assets | 0.01% | 0.04% | 0.08% | 0.08% | 0.08% | 0.03% | 0.03% | 0.05% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |