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1st Capital Bank

Monterey, CA · Cert 58485

FDIC · 7 branches

Q3 2024

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets3

Basis

Quarter: Q3 2024, the quarter ended September 30, 2024, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets (n=553 to 600). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

15

Q2 2024Q3 2024peer median (50)

Asset Quality

41

Q2 2024Q3 2024peer median (50)

Profitability

23

Q2 2024Q3 2024peer median (50)

Liquidity

74

Q2 2024Q3 2024peer median

Efficiency

10

Q2 2024Q3 2024peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

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

1st Capital Bank

Monterey, CA · Cert 58485

FDIC · 7 branches

Q3 2024

$984.3MAssets
$639.1MLoans
$893.5MDeposits
$82.4MEquity
Loan mix
88%RE $349.6M12%C&I $45.8M0%Consumer $0.8MQ4 2022Q3 2024
Deposit mix
56%Interest-bearing $499.1M44%Noninterest $394.4MQ4 2022Q3 2024

Market Position · Salinas, CA · 2024 SOD (annual) · 6.9% share · #6 of 14 inst. · $0.8B of $12.0B

6.9% Monterey
0.6% San Luis Obispo
0.2% Santa Cruz

Executive Summary

  • Earnings: ROA of 0.08%, down 38 bps year over year; NIM at 3.08%.
  • Asset quality: problem loans at 0.06% of loans (-30 bps YoY), with net charge-offs at 0.48%.
  • Capital: tier 1 leverage ratio of 10.23%, down 9 bps from a year ago.
  • Funding: loans stand at 71.53% of deposits as of Q3 2024.

Return on Assets (YTD, annualized)

0.08%-38 bps YoY

Net Interest Margin (YTD, annualized)

3.08%-9 bps YoY

Efficiency Ratio (YTD, annualized)

97.81%+2,688 bps YoY

Tier 1 Leverage Ratio

10.23%-9 bps YoY

NIM

3.51%Q3 ’223.79%Q3 ’234.33%Q3 ’24-5%-3%

Non-interest income vs. expense

2.12%Q3 ’222.34%Q3 ’232.77%Q3 ’24+11%+36%

Year to date, annualized, through each quarter.

MetricQ4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024YoY ΔTrend
Earnings
Return on Assets0.92%0.50%0.41%0.45%0.42%0.42%0.42%0.08%-38 bps
Return on Equity13.75%6.66%5.38%6.13%5.66%5.42%5.37%0.96%-517 bps
Net Interest Margin3.42%3.26%3.17%3.17%3.18%3.06%3.03%3.08%-9 bps
Efficiency Ratio61.12%71.43%73.44%70.93%70.96%68.38%71.41%97.81%+2,688 bps
Non-Interest Burden2.03%2.29%2.29%2.21%2.22%2.05%2.13%3.02%+80 bps
Growth
Asset Growth (YoY)-5.62%-5.15%-2.97%-1.08%4.82%6.27%8.47%0.08%+116 bps
Loan Growth (YoY)0.04%-1.28%-0.17%2.40%9.99%10.14%13.78%6.36%+396 bps
Deposit Growth (YoY)-5.52%-12.53%-5.27%-1.75%3.29%8.37%1.48%-1.40%+34 bps
Asset Quality
Nonperforming Loans / Loans0.04%0.27%0.11%0.37%0.29%0.14%0.23%0.06%-30 bps
Net Charge-Offs / Loans0.31%0.55%0.84%0.77%0.76%0.77%0.53%0.48%-29 bps
Allowance / Loans1.30%1.29%1.15%1.15%1.15%1.13%1.10%0.65%-50 bps
Allowance Coverage of NPLs35.2x4.7x10.8x3.1x4.0x8.1x4.8x10.4x+7.3x
Capital
Tier 1 Leverage Ratio10.04%10.45%10.36%10.32%10.13%10.44%10.27%10.23%-9 bps
Total Risk-Based Capital10.04%10.45%10.36%10.32%10.13%10.44%10.27%10.23%-9 bps
Equity / Assets7.49%7.61%7.49%6.95%7.72%7.82%7.78%8.37%+141 bps
Liquidity & Funding
Loans / Deposits65.41%70.07%66.52%66.31%69.66%71.21%74.59%71.53%+522 bps
Liquid Assets / Assets9.89%11.00%10.61%11.37%9.16%10.91%8.74%7.75%-361 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a

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. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

1st Capital Bank

Monterey, CA · Cert 58485 · Peer group: banks under $1B in assets (n=553-600)

FDIC · 7 branches

Q3 2024

$984.3MAssets
$639.1MLoans
$893.5MDeposits
$82.4MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 75% of banks under $1B in assets (rank 137 of 553).
  • Widest gap: net charge-offs / loans trails 94% of banks under $1B in assets (rank 522 of 553).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.08%

Rank 531 of 600

Net Interest Margin

3.08%

Rank 332 of 599

Efficiency Ratio

97.81%

Rank 539 of 599

Equity / Assets

8.37%

Rank 453 of 599

Non-interest income vs. expense

-$2.6M$29.0MINCOMEEXPENSE
Unfavorable gap of $31.6M · efficiency ratio beats 10% of banks under $1B in assets
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.08%0.46%0.79%1.24%Beats 12%531 / 600n/a
Return on Equity0.92%4.80%8.06%11.58%Beats 12%527 / 599n/a
Net Interest Margin3.08%2.69%3.18%3.78%Beats 45%332 / 599n/a
Efficiency Ratio97.81%60.70%71.81%83.57%Beats 10%539 / 599n/a
Asset Quality
Nonperforming Loans / Loans0.06%0.07%0.33%0.86%Beats 75%137 / 553n/a
Net Charge-Offs / Loans0.43%0.00%0.02%0.08%Beats 6%522 / 553n/a
Capital
Tier 1 Capital Ratio10.23%11.16%13.46%17.80%Beats 12%526 / 599n/a
Total Risk-Based Capital Ratio10.23%11.63%14.22%18.75%Beats 10%539 / 599n/a
Equity / Assets8.37%8.41%10.03%12.90%Beats 24%453 / 599n/a
Liquidity & Funding
Loans / Deposits71.53%64.78%79.25%91.89%38th pctl350 / 562n/a
Loans / Assets64.93%56.05%67.49%76.84%44th pctl312 / 553n/a
Brokered Deposits / Depositsn/aNot reported for this institution