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Global Trust Bank

Mountain View, CA · Cert 58808

FDIC

Q3 2011

$86.7MAssets
$57.6MLoans
$70.8MDeposits
$15.6MEquity
Loan mix
52%RE $24.1M45%C&I $21.0M4%Consumer $1.7MQ3 2010Q3 2011
Deposit mix
89%Interest-bearing $63.2M11%Noninterest $7.6MQ3 2010Q3 2011

NIM

2.98%Q3 ’094.05%Q3 ’104.66%Q3 ’11+32%+38%

Non-interest income vs. expense

8.89%Q3 ’095.61%Q3 ’103.13%Q3 ’11-52%-12%

Executive Summary

  • Earnings: ROA of 0.61%, up 199 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 81.36% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

0.61%+199 bps YoY

Net Interest Margin (quarter, annualized)

3.67%+101 bps YoY

Efficiency Ratio (quarter, annualized)

83.12%-3,339 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-1.38%-2.97%-2.99%-0.67%0.61%+199 bps
Return on Equity-5.20%-11.46%-13.14%-3.23%3.22%+842 bps
Net Interest Margin2.66%3.21%3.12%3.66%3.67%+101 bps
Efficiency Ratio116.51%156.11%169.43%117.96%83.12%-3,339 bps
Non-Interest Burden3.45%5.12%5.25%4.32%3.03%-42 bps
Growth
Asset Growth (YoY)60.84%27.04%24.87%17.67%45.64%-1,520 bps
Loan Growth (YoY)57.65%57.44%83.43%75.60%91.11%+3,346 bps
Deposit Growth (YoY)122.65%45.60%38.69%42.64%66.53%-5,611 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans2.10%2.12%2.07%1.71%1.66%-44 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 Capital46.27%39.23%32.47%27.50%25.64%-2,063 bps
Equity / Assets27.65%24.42%21.28%20.01%17.98%-967 bps
Liquidity & Funding
Loans / Deposits70.90%75.76%79.84%89.66%81.36%+1,046 bps
Liquid Assets / Assets42.76%30.19%20.08%17.41%13.23%-2,952 bps
CRE / Total Capitaln/an/an/an/an/an/an/a