First Foundation Investor Presentation Deck
Industry Trends: Top Performing Asset Class
Multifamily loans have historically been the best performing of all real estate loan types
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
2009
2010
2011
Charge-offs by Loan Type for CA-Based Banks
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2013
2014
Single Family Multifamily NOO CRE Commercial and Industrial
2012
2015
Average Charge-off Rate (2009 - 12.31.22)
Multifamily
Single Family
NOO CRE
Commercial and Industrial
2016
2017
2018
2019
2020
0.19%
0.23%
0.30%
0.70%
2021 2022
Source: S&P Capital IQ; FDIC Call Report
Note: Charge-off rate weighted the loan balance of each bank's associated asset class. Only includes California headquartered
commercial and savings banks.
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