Phoenix, AZ · Cert 58044
FDIC
Q1 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2011, the quarter ended March 31, 2011, 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.
Phoenix, AZ · Cert 58044
FDIC
Q1 2011
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 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.05% | -1.82% | -1.90% | -1.12% | -2.03% | -2.41% | -2.50% | -1.07% | +5 bps | |
| Return on Equity | -8.77% | -7.56% | -7.73% | -4.13% | -7.60% | -9.18% | -9.71% | -4.78% | -65 bps | |
| Net Interest Margin | 2.81% | 2.62% | 2.64% | 3.17% | 3.24% | 3.17% | 3.25% | 3.68% | +51 bps | |
| Efficiency Ratio | 181.90% | 185.94% | 172.33% | 136.27% | 166.92% | 184.28% | 187.72% | 126.66% | -961 bps | |
| Non-Interest Burden | 5.32% | 4.95% | 4.65% | 4.46% | 5.37% | 5.59% | 5.81% | 4.81% | +35 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 30.29% | 17.80% | 16.36% | 13.55% | 14.13% | 2.33% | 0.75% | 20.98% | +743 bps | |
| Loan Growth (YoY) | 80.00% | 48.83% | 48.98% | 33.68% | 30.83% | 7.80% | 8.45% | 29.23% | -445 bps | |
| Deposit Growth (YoY) | 71.03% | 64.02% | 101.83% | 18.54% | 16.40% | 8.22% | 4.36% | 33.31% | +1,477 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 | 2.10% | 1.34% | 1.53% | 0.00% | 0.39% | 1.01% | 0.72% | 0.02% | +2 bps | |
| Allowance / Loans | 1.97% | 1.26% | 1.86% | 2.21% | 2.53% | 2.50% | 2.38% | 2.30% | +10 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 | 31.13% | 29.26% | 30.47% | 33.02% | 31.70% | 30.36% | 29.84% | 27.31% | -571 bps | |
| Equity / Assets | 26.36% | 26.07% | 26.09% | 28.16% | 26.08% | 24.95% | 23.77% | 21.11% | -705 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.47% | 87.17% | 86.31% | 86.95% | 85.95% | 86.83% | 89.69% | 84.29% | -266 bps | |
| Liquid Assets / Assets | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 1.02% | +101 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |