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Heritage Bank, National Association

Phoenix, AZ · Cert 58416

FDIC

Q4 2012

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: Q4 2012, the quarter ended December 31, 2012, 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 2026-10-11

Heritage Bank, National Association

Phoenix, AZ · Cert 58416

FDIC

Q4 2012

$107.8MAssets
$60.1MLoans
$81.9MDeposits
$15.6MEquity
Loan mix
71%RE $35.1M23%C&I $11.3M7%Consumer $3.3MQ4 2011Q4 2012
Deposit mix
77%Interest-bearing $62.9M23%Noninterest $19.0MQ4 2011Q4 2012

NIM

5.01%Q4 ’105.27%Q4 ’110.38%Q4 ’12+18%-90%

Non-interest income vs. expense

4.52%Q4 ’105.92%Q4 ’110.32%Q4 ’12+29%-95%

Executive Summary

  • Earnings: ROA of 0.04%, up 270 bps year over year; NIM at 0.36%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 73.40% of deposits as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

0.04%+270 bps YoY

Net Interest Margin (YTD, annualized)

0.36%-341 bps YoY

Efficiency Ratio (YTD, annualized)

81.93%-5,771 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets-2.66%1.14%0.98%0.70%0.04%+270 bps
Return on Equity-22.75%9.50%8.21%5.89%0.29%+2,304 bps
Net Interest Margin3.77%4.00%3.76%3.57%0.36%-341 bps
Efficiency Ratio139.64%78.19%80.23%84.78%81.93%-5,771 bps
Non-Interest Burden5.45%2.86%2.79%2.88%0.30%-515 bps
Growth
Asset Growth (YoY)-14.13%-15.80%-12.33%-3.61%4.04%+1,817 bps
Loan Growth (YoY)-16.51%-13.54%-11.26%-5.99%-22.83%-632 bps
Deposit Growth (YoY)-17.28%-17.43%-14.14%-4.31%2.15%+1,943 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.10%0.11%0.09%0.19%0.00%-210 bps
Allowance / Loans2.68%2.68%2.86%2.65%0.00%-268 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 Capital18.59%19.07%19.61%18.57%20.13%+154 bps
Equity / Assets11.71%12.21%11.79%11.81%14.48%+277 bps
Liquidity & Funding
Loans / Deposits97.16%97.90%85.86%89.00%73.40%-2,376 bps
Liquid Assets / Assets7.66%8.06%18.57%18.72%29.47%+2,182 bps
CRE / Total Capitaln/an/an/an/an/an/an/a