La Jolla, CA · Cert 58304
FDIC
Q1 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2013, the quarter ended March 31, 2013, 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.
La Jolla, CA · Cert 58304
FDIC
Q1 2013
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 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.03% | 0.27% | 0.44% | 0.37% | -0.30% | -33 bps | |
| Return on Equity | 0.29% | 2.51% | 4.11% | 3.48% | -2.98% | -326 bps | |
| Net Interest Margin | 3.33% | 3.56% | 3.29% | 3.33% | 3.51% | +19 bps | |
| Efficiency Ratio | 99.23% | 99.20% | 95.83% | 97.85% | 135.50% | +3,627 bps | |
| Non-Interest Burden | 3.30% | 3.53% | 3.12% | 3.25% | 4.94% | +164 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.07% | 3.33% | 3.94% | 11.86% | 13.48% | +1,340 bps | |
| Loan Growth (YoY) | -8.88% | 0.60% | 32.04% | -4.05% | -5.99% | +289 bps | |
| Deposit Growth (YoY) | -2.12% | 1.90% | 5.55% | 15.66% | 22.36% | +2,448 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | -0.36% | -0.76% | -0.42% | -0.41% | 1.00% | +136 bps | |
| Allowance / Loans | 2.63% | 2.78% | 2.18% | 2.78% | 2.02% | -61 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 19.45% | 20.35% | 16.74% | 20.72% | 20.73% | +128 bps | |
| Equity / Assets | 10.87% | 10.63% | 10.15% | 10.20% | 9.70% | -117 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 78.55% | 73.86% | 82.78% | 65.76% | 60.35% | -1,820 bps | |
| Liquid Assets / Assets | 16.21% | 19.83% | 12.26% | 19.49% | 32.43% | +1,621 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |