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Re: None

Thursday, 05/31/2012 12:20:53 AM

Thursday, May 31, 2012 12:20:53 AM

Post# of 24
Restated data-

Financial performance highlights for the three months ended March 31, 2012 as compared to the three months ended March 31, 2011:

• Earnings growth of 53%
Nonperforming assets reduced 50%
• Non-interest bearing deposit growth of 38%
• Non-interest income growth of 14%
• Non-interest expense reduction of 10%
• Cost of funds reduced 13%
• Loan growth of 2.0%
• A fortress balance sheet, with a tier 1 leverage ratio of 13.64% and total risk based capital ratio of 22.60%
No TARP

Financial performance highlights for the three months ended March 31, 2012 as compared to the three months ended December 31, 2011:
• Earnings growth of 45%

Nonperforming assets reduced 36%
• Non-interest bearing deposit growth of 12%
Non-interest income growth of 83%
• Asset growth of 5.0%
• Total deposit growth of 5.0%


http://www.businesswire.com/news/home/20120426007104/en/CommerceWest-Bank-Reports-Earnings-Growth-53-Quarter

Very Impressive!








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