Investor Presentaiton
Overview of Luther Burbank Corporation
•
NASDAQ Listed: LBC
Company
Headquarters: Santa Rosa, CA
• Locations: 10 full service branches in California, 1 full service
branch in Washington, 6 loan production offices in California and
1 loan production office in Oregon
•
•
Business Highlights
Well-positioned in strategic markets
Strict, quality-oriented underwriting and credit monitoring
• Maintains a small network of branches with large deposits
•
Expanding traditional products with newer emphasis on specialty
and business deposits
Q3 Financial Highlights (1)
LBC (11)
Branch Footprint
D
Lynnwood
Monroe
Sound
Edmonds
Richmond Shoreline
Highlands
Washington
Sar
sa
Elk Grove
Rohnert Park
Vacaville
Napa
9
Petaluma
Fairfield
Paint
Novato
Vallejo
Reyes Goldan
Nat Gate
Martinez
Antioch
Concord
Stockton
Richmond
Berkeley
Oakland
San Francisco
Tracy
Daly City
Sun
Pacifica Francisco
Northern
California
Hayward Livermore
Pleasanton
Union City
San Mateo Fremont
Redwood City
yvale
Cupertino
Milpitas
Kirkland Redmond
Silverdale
Bremerton
Seattle
Mercer land
Sammamish
Shorewood
Burien
Renton
Issaquah North Bend
Ventura
Kent
Covington
Santa Clarita
Santa Paula
Simi Valley
Camarillo
Oxnard
Port Hueneme
Thousand Oaks
Agoura Hills
Burbank
endal
Southern
California
The San Gabriel Mountaies
Beverly Hi
Santa Monica
Hawth
s Angeles
Florence
Inglewood Sell
Compton
Torrance
Long Beach
Rancho Palos
Verdes
0.
Rancho Cucamonga
Pomona Ontario
37
Fullerton
Orange
Santa Ana
Chino
Huntington Beach
Mission V
#
Branch Location
Date
Established
Deposits (1)
($mm)
Balance Sheet ($mm)
Profitability
1. Santa Rosal
Oct. 1983
$1,064.5
Assets
$7,922
ROAA (%)
1.10
2. San Rafael
Sep. 1996 (3)
559.7
Loans HFI
6,855
ROATCE (%)
(2)
12.39
3. Encino
Aug. 2007
493.3
Deposits
5,794
Net Interest Margin (%)
2.42
4. Beverly Hills
Jul. 2010
385.6
Loans HFI/Deposits (%)
118.3
Efficiency Ratio (%) (2)
33.6
5.
Pasadena
May 2009
361.3
Capital Ratios
Credit Quality
6. Long Beach
Jun. 2015
324.9
TCE/TA (%) (2)
8.50
NPAs/Assets (%)
0.05
7. Toluca Lake
Jan. 2008
313.4
Leverage Ratio (%)
9.99
ALLL/Gross Loans (%)
0.53
8.
Los Altos
Aug. 2000
285.8
Total Risk-Based Capital Ratio (%)
19.20
NCOs / Average Loans (%)
0.00
9. San Jose
10. Bellevue
Jun. 2012
144.0
Jun. 2018
134.4
(1)
Financial data as of or for the quarter ended 9/30/2022.
Source: S&P Global and Company Documents.
Note: Branch footprint excludes Loan Production Offices.
(2) See LBC's Form 8K filed with the SEC on October 25, 2022 for the non-GAAP reconciliation of this measure.
(3) Date LBC acquired the branch.
11. El Segundo
Specialty Deposits
Wholesale Deposits
12. Corporate Office
Total Deposits
Jan. 2020
91.5
1,295.5
340.5
1,636.0
$5,794.4
WaFd Bank
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