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First Asian Bank

Las Vegas, NV · Cert 58499

FDIC

Q2 2011

$30.2MAssets
$21.6MLoans
$28.3MDeposits
$1.6MEquity
Loan mix
75%RE $12.3M25%C&I $4.1M0%Consumer $0.0MQ2 2010Q2 2011
Deposit mix
94%Interest-bearing $26.6M6%Noninterest $1.7MQ2 2010Q2 2011

NIM

4.93%Q2 ’093.85%Q2 ’103.78%Q2 ’11-24%+11%

Non-interest income vs. expense

9.31%Q2 ’097.02%Q2 ’109.14%Q2 ’11-25%+30%

Executive Summary

  • Earnings: ROA of -7.90%, down 6 bps year over year; NIM at 2.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.20%.
  • Funding: loans stand at 76.25% of deposits as of Q2 2011.

Financial Results

Return on Assets (YTD, annualized)

-7.90%-6 bps YoY

Net Interest Margin (YTD, annualized)

2.45%+25 bps YoY

Efficiency Ratio (YTD, annualized)

357%+4,837 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2010Q3 2010Q4 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets-7.83%-7.26%-7.47%-10.36%-7.90%-6 bps
Return on Equity-64.41%-63.02%-68.15%-138.97%-115.71%-5,130 bps
Net Interest Margin2.20%2.39%2.53%1.82%2.45%+25 bps
Efficiency Ratio308%294%296%465%357%+4,837 bps
Non-Interest Burden6.94%7.19%7.66%8.83%9.02%+208 bps
Growth
Asset Growth (YoY)-7.79%-10.70%-20.15%-23.84%-22.77%-1,498 bps
Loan Growth (YoY)-8.93%-8.56%-23.36%-23.81%-27.34%-1,841 bps
Deposit Growth (YoY)-1.45%-4.91%-15.69%-19.60%-18.27%-1,682 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.76%3.27%4.44%6.15%2.20%-255 bps
Allowance / Loans3.64%4.15%4.47%4.24%5.25%+161 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 Capital14.94%13.18%12.44%9.48%8.13%-681 bps
Equity / Assets10.97%9.47%8.35%6.46%5.43%-554 bps
Liquidity & Funding
Loans / Deposits85.77%84.07%76.82%80.49%76.25%-952 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a