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Desert Commercial Bank

Palm Desert, CA · Cert 57976

FDIC

Q2 2012

$139.2MAssets
$96.1MLoans
$124.7MDeposits
$13.9MEquity
Loan mix
85%RE $67.5M14%C&I $11.2M0%Consumer $0.2MQ2 2011Q2 2012
Deposit mix
84%Interest-bearing $104.1M16%Noninterest $20.5MQ2 2011Q2 2012

NIM

5.56%Q2 ’105.47%Q2 ’114.69%Q2 ’12+0%-13%

Non-interest income vs. expense

4.50%Q2 ’104.52%Q2 ’114.32%Q2 ’12+7%-7%

Executive Summary

  • Earnings: ROA of -1.04%, up 14 bps year over year; NIM at 4.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.55%.
  • Funding: loans stand at 77.04% of deposits as of Q2 2012.

Financial Results

Return on Assets (YTD, annualized)

-1.04%+14 bps YoY

Net Interest Margin (YTD, annualized)

4.04%-59 bps YoY

Efficiency Ratio (YTD, annualized)

102.34%+623 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets-1.17%-1.21%-1.30%-1.15%-1.04%+14 bps
Return on Equity-11.02%-11.44%-12.36%-11.52%-10.38%+64 bps
Net Interest Margin4.62%4.60%4.61%4.22%4.04%-59 bps
Efficiency Ratio96.11%101.05%106.15%100.89%102.34%+623 bps
Non-Interest Burden4.44%4.64%4.90%4.26%4.14%-30 bps
Growth
Asset Growth (YoY)2.74%2.91%-4.56%-3.98%-5.69%-843 bps
Loan Growth (YoY)0.14%-1.51%-7.35%-8.35%-10.39%-1,052 bps
Deposit Growth (YoY)3.80%4.43%-3.96%-3.18%-5.17%-897 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.16%1.38%1.40%3.35%1.55%+39 bps
Allowance / Loans2.42%2.11%2.06%1.75%2.22%-20 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 Capital14.41%13.77%13.76%13.88%14.23%-19 bps
Equity / Assets10.55%10.36%10.35%9.64%9.96%-60 bps
Liquidity & Funding
Loans / Deposits81.53%85.35%85.27%76.09%77.04%-448 bps
Liquid Assets / Assets6.76%6.77%7.09%6.70%6.91%+15 bps
CRE / Total Capitaln/an/an/an/an/an/an/a