Palm Desert, CA · Cert 58487
FDIC
Q4 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2009, the quarter ended December 31, 2009, 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.
Palm Desert, CA · Cert 58487
FDIC
Q4 2009
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 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.34% | -3.10% | -2.60% | -2.25% | -3.32% | -2.48% | -8.48% | -7.94% | -569 bps | |
| Return on Equity | -10.94% | -11.07% | -10.34% | -9.69% | -20.19% | -15.82% | -61.05% | -63.30% | -5,361 bps | |
| Net Interest Margin | 5.04% | 4.35% | 3.91% | 3.46% | 3.48% | 3.77% | 3.81% | 3.92% | +47 bps | |
| Efficiency Ratio | 186.92% | 185.47% | 174.87% | 165.51% | 152.11% | 136.07% | 118.69% | 137.92% | -2,759 bps | |
| Non-Interest Burden | 9.88% | 8.33% | 7.00% | 5.82% | 5.33% | 5.16% | 4.62% | 5.34% | -48 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 117.18% | 82.20% | 81.20% | 71.24% | 62.48% | 49.65% | 23.59% | 16.72% | -5,452 bps | |
| Loan Growth (YoY) | 507% | 132.16% | 75.92% | 60.89% | 55.73% | 43.26% | 29.76% | 10.30% | -5,059 bps | |
| Deposit Growth (YoY) | 479% | 168.95% | 137.23% | 111.09% | 91.60% | 69.23% | 38.75% | 31.26% | -7,984 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 | 0.00% | 0.00% | 0.00% | 0.00% | 3.60% | 2.61% | 2.46% | 2.25% | +225 bps | |
| Allowance / Loans | 1.45% | 1.50% | 1.50% | 1.55% | 1.61% | 1.62% | 3.00% | 3.88% | +232 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 | 28.69% | 23.77% | 20.94% | 19.32% | 16.55% | 15.12% | 13.35% | 12.11% | -722 bps | |
| Equity / Assets | 28.13% | 24.00% | 18.92% | 17.58% | 15.36% | 14.22% | 9.04% | 7.49% | -1,010 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 115.57% | 110.24% | 92.42% | 95.51% | 93.94% | 93.32% | 86.43% | 80.26% | -1,525 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 13.38% | 13.63% | 11.54% | 18.00% | 20.82% | +745 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |