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Vibra Bank

Chula Vista, CA · Cert 58662

FDIC · 1 branch

Q1 2015

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: Q1 2015, the quarter ended March 31, 2015, 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

Vibra Bank

Chula Vista, CA · Cert 58662

FDIC · 1 branch

Q1 2015

$133.6MAssets
$94.6MLoans
$118.5MDeposits
$14.5MEquity
Deposit mix
61%Interest-bearing $71.8M39%Noninterest $46.7MQ1 2014Q1 2015

NIM

5.03%Q1 ’134.32%Q1 ’144.36%Q1 ’15-15%+6%

Non-interest income vs. expense

5.66%Q1 ’134.58%Q1 ’144.97%Q1 ’15-26%+7%

Market Position · San Diego-Carlsbad, CA · 2014 SOD (annual) · 0.2% share · #26 of 52 inst. · $0.1B of $69.2B

Executive Summary

  • Earnings: ROA of -0.11%, down 25 bps year over year; NIM at 4.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.19%.
  • Funding: loans stand at 79.83% of deposits as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

-0.11%-25 bps YoY

Net Interest Margin (YTD, annualized)

4.01%+24 bps YoY

Efficiency Ratio (YTD, annualized)

98.70%+127 bps YoY

Tier 1 Leverage Ratio

10.19%

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.14%0.03%0.29%0.63%-0.11%-25 bps
Return on Equity1.52%0.37%3.25%6.77%-1.05%-256 bps
Net Interest Margin3.78%3.89%3.88%4.04%4.01%+24 bps
Efficiency Ratio97.43%99.42%95.36%90.28%98.70%+127 bps
Non-Interest Burden3.65%3.87%3.67%3.55%3.92%+27 bps
Growth
Asset Growth (YoY)30.25%19.62%8.42%-5.49%-11.04%-4,129 bps
Loan Growth (YoY)6.83%-2.30%2.50%-16.18%-8.52%-1,535 bps
Deposit Growth (YoY)34.01%21.80%8.95%-6.91%-12.96%-4,697 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.58%0.40%0.35%0.00%0 bps
Allowance / Loans1.60%1.36%1.32%1.51%1.34%-26 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/a10.19%n/an/a
Total Risk-Based Capital16.78%17.05%16.27%20.26%21.29%+451 bps
Equity / Assets8.97%8.94%9.35%10.32%10.89%+192 bps
Liquidity & Funding
Loans / Deposits75.96%73.51%77.54%71.05%79.83%+387 bps
Liquid Assets / Assets0.33%0.36%0.28%0.54%0.61%+28 bps
CRE / Total Capitaln/an/an/an/an/an/an/a