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Royal Asian Bank

Philadelphia, PA · Cert 58196

FDIC · 6 branches

Q1 2023

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2023, the quarter ended March 31, 2023, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Royal Asian Bank

Philadelphia, PA · Cert 58196

FDIC · 6 branches

Q1 2023

$241.6MAssets
$196.9MLoans
$193.1MDeposits
$35.3MEquity
Deposit mix
70%Interest-bearing $135.8M30%Noninterest $57.3MQ1 2022Q1 2023

NIM

4.11%Q1 ’213.97%Q1 ’226.07%Q1 ’23+8%+31%

Non-interest income vs. expense

3.42%Q1 ’214.17%Q1 ’224.77%Q1 ’23+30%+14%

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2022 SOD (annual) · 0.0% share · #130 of 162 inst. · $0.2B of $2794.5B

0.1% Bergen
0.1% Montgomery
0.1% Queens
0.0% New York

Executive Summary

  • Earnings: ROA of 0.47%, up 48 bps year over year; NIM at 4.33%.
  • Asset quality: problem loans at 4.25% of loans (+166 bps YoY), with net recoveries of 0.08%.
  • Capital: tier 1 leverage ratio of 13.70%, up 426 bps from a year ago.
  • Funding: loans stand at 102.01% of deposits as of Q1 2023.

Financial Results

Return on Assets (YTD, annualized)

0.47%+48 bps YoY

Net Interest Margin (YTD, annualized)

4.33%+102 bps YoY

Efficiency Ratio (YTD, annualized)

99.38%-1,273 bps YoY

Tier 1 Leverage Ratio

13.70%+426 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023YoY ΔTrend
Earnings
Return on Assets-0.01%1.59%1.05%1.63%0.47%+48 bps
Return on Equity-0.07%15.68%9.88%14.76%3.44%+351 bps
Net Interest Margin3.31%3.85%4.20%4.57%4.33%+102 bps
Efficiency Ratio112.11%113.06%118.47%108.27%99.38%-1,273 bps
Non-Interest Burden3.76%4.41%5.06%4.98%4.30%+54 bps
Growth
Asset Growth (YoY)-15.83%-24.08%-24.81%-15.99%-20.37%-454 bps
Loan Growth (YoY)-22.36%-19.17%-13.34%-11.46%-12.98%+938 bps
Deposit Growth (YoY)-18.48%-27.96%-25.83%-20.54%-26.36%-788 bps
Asset Quality
Nonperforming Loans / Loans2.59%1.45%3.85%3.80%4.25%+166 bps
Net Charge-Offs / Loans-0.45%-1.36%-0.90%-1.14%-0.08%+37 bps
Allowance / Loans3.24%2.61%2.25%1.92%1.47%-177 bps
Allowance Coverage of NPLs1.3x1.8x0.6x0.5x0.3x-0.9x
Capital
Tier 1 Leverage Ratio9.44%10.99%12.48%13.44%13.70%+426 bps
Total Risk-Based Capital18.04%20.19%15.33%16.18%17.41%-63 bps
Equity / Assets9.71%11.59%12.42%12.83%14.63%+492 bps
Liquidity & Funding
Loans / Deposits86.32%93.60%98.26%94.61%102.01%+1,569 bps
Liquid Assets / Assets20.12%17.33%10.64%13.58%9.13%-1,099 bps
CRE / Total Capitaln/an/an/an/an/an/an/a