Question-and-Answer Session
Operator
(Operator Instructions)
Our first question comes from Hugh Miller of Sidoti & Company. Please go ahead.
Hugh Miller - Sidoti & Company
Hi, good morning.
Robert Sarver
Good morning.
Hugh Miller - Sidoti & Company
I was wondering if you could provide us with the yearend figures for the banks tier-one total capital and leverage ratios?
Robert Sarver
For each of the base, I mean I will tell you that they are all well capitalized. I don't have that in front of me right now, Hugh, but I can email that to you. But they're all above 5, 6 and 10.
Hugh Miller - Sidoti & Company
Okay, great. And then, Dale, you had also mentioned that you guys were seeing a loan pipeline as fairly well established. Can you talk a little bit about: where you're seeing the strength geographically and then in what product lines?
Dale Gibbons
Yeah, sure. Maybe I will address that. The San Diego market seems to be doing better than the other market we're in terms of business. We're seeing good C&I pipeline activity there. We're still focused very aggressively on owner occupied commercial real estate loans.
I guess the major kind of difference from a lot of the other community banks for us right now is I am not a big proponent of kind of the one-off real estate loans at low 6%, high 5% interest rates. I think the market is still out of alignment there. And so, in terms of those loans, we're kind of backing off that. We perceive to be really good market pricing on those type of credits, we're kind of passing that.
But we opened up six new offices this year. We got several new employees. And the reason I think we're seeing the growth is just because we've added new people during the year. They are bringing books of business to the bank. We just opened up in the fourth quarter a new office in Mesa to cover the East Valley, which is a huge market, hired a senior banker there that's been in that market a long time. And he is out bringing in business. So, it merely comes as a result of new offices we've opened and new people we've brought in.
Hugh Miller - Sidoti & Company
Okay, great. And you had mentioned that the loan portfolio exposure within construction lending has declined as a percentage of the total. Can you give us a sense as to the split between residential versus commercial construction at yearend?
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