Commercial Capital Bancorp Inc
Commercial Capital Bancorp — Q3 2005 Earnings Presentation
29 slides from Commercial Capital Bancorp's earnings presentation, Oct 24, 2005
Slide 1: Third Quarter 2005 Earnings Call
Third Quarter 2005 Earnings Call NASDAQ: CCBI October 24, 2005
Slide 2: Regulation FD
Regulation FD This presentation may include forward-looking statements related to the plans, beliefs and goals of the Company, its subsidiaries, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks
Slide 3: Earnings Performance
Earnings Performance * Excluding costs associated with the Bank’s Commercial Banking Division of $2.9 million, of which $1.2 million is associated with compensation expense and $1.7 million is associated with professional expense.
Slide 4: Net Interest Margin
et Interest Margin 4% 3.49% 3.38% 3.27% 3.28% 3.31% 3% 2% 1% 0% 9/04 12/04 3/05 6/05 9/05
Slide 5: Net Interest Margin Excluding Hawthorne Purchase Accounting Adjustments
4% 3% 2% 1% 0% Net Interest Margin Excluding Hawthorne Purchase Accounting Adjustments 3.23% 3.08% 3.04% «3.17% 3.22% 9/04 12/04 3/05 6/05 9/05
Slide 6: Profitability Ratios
Profitability Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 7: Profitability Ratios
Profitability Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 8: Profitability Ratios
Profitability Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 9: Profitability Ratios
Profitability Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 10: Balance Sheet
~ Balance Sheet (Sin billions) Total Assets 86 s407 $5.02 $533 $5.18 $5.24 $5 $4 $3 $2 $I $- 9/04 12/04 3/05 6/05 9/05 10
Slide 11: Core Loan Fundings
Core Loan Fundings (Sin millions) $700 $595.1 $599.3 gs $600 $545.0 $495.7 $500 $400 $300 $200 $100 $- 9/04 12/04 3/05 6/05 9/05 <3) "
Slide 12: Total Loan Fundings
Total Loan Fundings (S in millions) $583.2 $540.8 $607.8 $624.7 $609.9 $500 $400 $300 $200 $100 S- 9/04 12/04 3/05 6/05 9/05 2
Slide 13: LTV and DCR of Third Quarter 2005 Fundings
LTV and DCR of Third Quarter 2005 Fundings Multi-family 66.3% 1.19 : 1 Commercial RE 58.8% 1.43 : 1 Values are weighted average ratios, at funding.
Slide 14: Historical and Forecasted 12-MAT
Historical and Forecasted 12-MAT Commercial Capital Bank 12 MAT Calculation and Forecast Actual Forecast Month 1yr CMT Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-04 2.10 Aug-04 2.02 Sep-04 2.12 2.23 Nov-04 2.50 2.67 Dec-04 Jan-05 Feb-05 Mar-05 2.86 3.03 3
Slide 15: Bank Deposits
{Sin ditions Bank Deposits cS $2.70 $2.76 $2.32 $227 $2.40 $2 sl \ _ A 161% 62% $- 9/04 12/04 3/05 6/05 9/05 @ Transaction Accounts Ml Time Deposits <3) "
Slide 16: Deposit Composition
Deposit Compositio DDA _ Savings . 2005, a 9% 6% Money cD Market 38% 47% DDA Savings June 2005 11% 8% cD 39% 16
Slide 17: Changing Borrowing Mix
anging Borrowing Mix (Sin billions) $3.0 52.60 $2.42 $2.41 1 j ' ! 12/04 3/05 6/05 9/05 FHLB Borrowings @ Other Borrowings Exchange Balances <3) "
Slide 18: Capital Ratios
Capital Ratios Equity to Assets 12.26% 12.44% 12.24% 12.90% 13.00% > | | | % 0% 9/04 12/04 3/05 6/05. -9/05, Tangible Equity to Assets 4.94% “Hl 5.05% | ]
Slide 19: Capital Ratios
Capital Ratios Tangible Equity to Tangible Assets 8% 6% 533% 5.62% 5.44% 5.62% 5.82% 4% 2% 0% 12/04 3/05 6/05 9/05 19
Slide 20: Bank Capital Ratio
Bank Capital Ratio Tier 1 Core Capital Ratio 10%, 8.70% 8.91% a 7.63% 8.01% 8.05% 6% 4% 2% 0% 9/04, 12/04 3/05 6/05 9/05 <3) *
Slide 21: Per Share Data
Per Share Data Book Value Per Share sii20 $1147 S178 $12.07 $12.23 9/04 12/04 3/05 6/05 9/05 21
Slide 22: Per Share Data
$6 $5 $4 $3 $2 $1 - Per Share Data $4.51 9/04 Tangible Book Value Per Share $4.80 12/04 $4.86 $4.85 $5.05 3/05 6/05 9/05 22
Slide 23: Operating Performance
Operating Performance (Sin millions) Total Revenues 50 $71.6 $73.3 $70 $67.1 $66.0 $60 $50 $40 $30 $20 $10 So 2/04 3/05 6/05 9/05 23
Slide 24: Operating Performance
Operating Performance Net Interest Income (Sin millions) $50, g49 $37.9 $38.5 $38.3 $38.9 $38.3 $30 $20 $10 so 12/04, 3/05 6/05 9/05 <3) *
Slide 25: Operating Performance
Operating Performance (S in millions) Noninterest Income $8 $69 $7.4 $6 $4 $3.7 $0 9/04 12/ 3/05 6/05 9/05 <) =
Slide 26: Operating Performance Ratios
Operating Performance Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 27: Operating Performance Ratios
Operating Performance Ratios * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 28: Earnings Performance
Earnings Performance * Excluding costs associated with the Bank’s Commercial Banking Division of approximately $2.9 million.
Slide 29: Third Quarter 2005 Earnings Call
Third Quarter 2005 Earnings Call NASDAQ: CCBI October 24, 2005
Commercial Capital Bancorp — Q3 2005 Earnings Presentation on 6ix