Visalia, CA · Cert 58728
FDIC · 8 branches
Q4 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2021, the quarter ended December 31, 2021, 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.
Visalia, CA · Cert 58728
FDIC · 8 branches
Q4 2021
Market Position · Visalia, CA · 2021 SOD (annual) · 8.4% share · #4 of 13 inst. · $0.6B of $7.1B
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 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.14% | 1.01% | 1.02% | 1.12% | 1.24% | 1.29% | 1.27% | 1.24% | +12 bps | |
| Return on Equity | 7.62% | 7.20% | 7.46% | 8.24% | 9.62% | 10.08% | 10.03% | 9.77% | +153 bps | |
| Net Interest Margin | 4.01% | 3.55% | 3.43% | 3.35% | 3.56% | 3.56% | 3.53% | 3.51% | +16 bps | |
| Efficiency Ratio | 52.96% | 51.77% | 51.10% | 50.15% | 50.81% | 50.22% | 50.89% | 50.82% | +67 bps | |
| Non-Interest Burden | 2.03% | 1.71% | 1.60% | 1.60% | 1.74% | 1.72% | 1.73% | 1.71% | +11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.34% | 36.33% | 29.37% | 26.55% | 27.92% | 6.64% | 9.75% | 12.02% | -1,453 bps | |
| Loan Growth (YoY) | 6.92% | 23.99% | 23.17% | 22.92% | 26.98% | 7.97% | 1.41% | -4.04% | -2,696 bps | |
| Deposit Growth (YoY) | 12.53% | 32.20% | 24.58% | 24.98% | 31.90% | 13.63% | 17.37% | 16.77% | -822 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.65% | 0.53% | 0.53% | 0.47% | 0.55% | 0.54% | 0.54% | 0.51% | +4 bps | |
| Net Charge-Offs / Loans | 0.31% | 0.13% | 0.09% | 0.07% | 0.00% | 0.00% | 0.00% | 0.05% | -1 bps | |
| Allowance / Loans | 0.89% | 0.90% | 1.02% | 1.04% | 0.99% | 0.98% | 1.04% | 1.08% | +4 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.7x | 1.9x | 2.2x | 1.8x | 1.8x | 1.9x | 2.1x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.00% | 9.93% | 9.50% | 9.42% | 9.52% | 9.45% | 9.50% | 9.86% | +44 bps | |
| Total Risk-Based Capital | 14.59% | 14.52% | 14.74% | 14.93% | 14.47% | 14.84% | 14.66% | 15.98% | +106 bps | |
| Equity / Assets | 14.79% | 12.56% | 12.68% | 13.55% | 12.26% | 12.57% | 12.34% | 12.82% | -73 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.89% | 76.71% | 77.05% | 79.23% | 74.02% | 72.90% | 66.57% | 65.11% | -1,412 bps | |
| Liquid Assets / Assets | 3.42% | 0.16% | 2.79% | 0.08% | 0.83% | 0.08% | 0.78% | 0.72% | +63 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |