Newport Beach, CA · Cert 57961
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Newport Beach, CA · Cert 57961
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.37% | -0.06% | 1.09% | 0.90% | 1.08% | 1.19% | -5.09% | -5.28% | -618 bps | |
| Return on Equity | -3.93% | -0.62% | 12.57% | 10.75% | 12.76% | 12.83% | -38.07% | -52.46% | -6,321 bps | |
| Net Interest Margin | 1.79% | 2.11% | 3.49% | 3.35% | 3.39% | 3.69% | 2.67% | 1.71% | -164 bps | |
| Efficiency Ratio | 125.17% | 96.67% | 65.72% | 68.05% | 64.03% | 64.47% | 110.43% | 143.80% | +7,575 bps | |
| Non-Interest Burden | 2.25% | 2.03% | 1.73% | 1.81% | 1.58% | 1.76% | 3.26% | 3.03% | +122 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 51.00% | 61.50% | -2.34% | 8.83% | 18.79% | -35.01% | -27.04% | 4.04% | -479 bps | |
| Loan Growth (YoY) | 50.75% | 59.99% | -0.26% | 9.40% | 14.33% | -68.77% | -49.66% | -60.17% | -6,958 bps | |
| Deposit Growth (YoY) | 346% | 121.51% | 230% | 135.17% | 65.22% | 38.80% | 46.28% | 115.68% | -1,949 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | +108 bps | |
| Allowance / Loans | 0.10% | 0.20% | 0.19% | 0.24% | 0.28% | 1.10% | 2.17% | 4.13% | +389 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 | 15.34% | 13.03% | 13.74% | 13.29% | 13.98% | 24.72% | 15.66% | 12.73% | -56 bps | |
| Equity / Assets | 9.13% | 8.62% | 8.66% | 7.85% | 8.65% | 15.07% | 11.89% | 6.23% | -162 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 293% | 247% | 226% | 207% | 202% | 55.59% | 77.66% | 38.15% | -16,847 bps | |
| Liquid Assets / Assets | 0.10% | 0.09% | 0.09% | 0.08% | 0.08% | 0.14% | 0.12% | 0.07% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |