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Published byBruce Hubert Carpenter Modified over 9 years ago
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0 (company) Nasdaq: EWBC Solar Project Financing
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1 East West Today Among the Top 30 Publicly-Traded Banks in the Nation Second Largest Independent Bank Headquartered in Southern California Nearly $22 Billion in Total Assets Over 130 Branches Worldwide Seven Consecutive Quarters of Strong Financial Performance Excellent Capital Position Strong Credit Indicators
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2 2 American International Bank $199 Mil Assets Pacific Business Bank $165 Mil Assets United National Bank $948 Mil Assets Desert Community Bank $532 Mil Assets First Central Bank $108 Mil Assets Prime Bank $108 Mil Assets Trust Bank $235 Mil Assets Standard Bank $898 Mil Assets Successful Acquisition History United Commercial Bank $9.9 Bil Assets Washington First Int’l Bank $493 Mil Assets 1999 2000 2001 2003 2004 2005 2006 2007 2009 2010
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3 CAGR = 20% Total Loans (in billions) Deposits (in billions) Stockholders’ Equity (in billions) Total Assets (in billions) Strong Growth and Performance CAGR = 21% CAGR = 23% CAGR = 22%
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4 Ranked No. 2 America’s Best Bank
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5 10 Best Stocks for 2011 EWBC was named by Fortune magazine as one of the “10 Best Stocks for 2011”— the only bank to make the list. 10 best stocks for 2011 By Jon Birger, contributor 1. MOSAIC (MOS) 2. Agrium (AGU) 3. Dow Chemical (DOW) 4. Transocean (RIG) 5. Royal Dutch (RDSA) 6. Lennar (LEN) 7. East West Bancorp (EWBC) 8. Royal Carribean (RCL) 9. Entropic Communications (ENTR) 10. Apple (AAPL)
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6 Strong Capital East West’s Capital Levels are Among the Highest in the Nation Under all Regulatory Guidelines, East West has Excess Capital above the “Well Capitalized” Requirement of Over $800 Million
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7 Greater China – 8 Locations: 3 Full Service Branches - Hong Kong, Shanghai and Shantou Representative Offices - Beijing, Shanghai, Shenzhen, and Taipei Our Distribution Channel- Over 130 Branches Leading retail presence in Asian communities Commercial banking centers strategically located In-store branches through 99 Ranch Markets, largest and fastest growing Asian supermarket chain Only Chinese-American focused bank with full service banking offices in U.S. and China U.S. – 128 Branches: California – 106 Branches: Northern California – 34 Locations: 32 Full Service Branches 2 In-Store 99 Ranch Market Branch Southern California – 72 Locations: 63 Full Service Branches 9 In-Store 99 Ranch Market Branches New York – 8 Branches Georgia – 5 Branches Massachusetts – 3 Branches Texas – 2 Branches Washington – 4 Branches
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8 The Premier Bridge Between East and West Greater China and Pacific Rim countries continue to emerge as increasingly important constituents of the global economy East West is a natural leader who can connect customers to new opportunities Only Asian-American Bank with Full Service Branches in China Bank of Choice for New Immigrant Chinese-Americans The Financial Bridge Between East and West Leading Market Share in Chinese American Market – The East Growing Position in Key Mainstream Banking Markets – The West
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9 The Premier Bridge Between East and West Extensive Network of contacts and resources in the area provides invaluable access to clients Assist clients in cross-border business and personal financial objectives Bridge customers to manufacturers, distributors and investors Understanding of the cultural and business practices on both sides of the Pacific enables us to guide clients through complex business and financial landscapes Gateway to U.S. Asian Communities for Mainstream Corporations Corporations such as Southern California Edison, Staples, Verizon, Caltech, Sempra Energy, and LA Lakers sought East West to tap into U.S. Asian communities and partner in Green initiatives
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10 East West Bank Integrators Panel manufacturers Developers Tax Equity Sponsor Equity Law firms CPA firms Engineering firms Insurance Our Partners
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11 Sources of Funding Sponsor Equity15-35% ► “Skin in the game” ► Working capital issues Loan30-50% ► Construction ► Term loan Tax Equity35-40% Other possible investors ► Private equity ► Module manufacturers
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12 Sources of Funding II Loan ► Size of transaction 100kW – 1MW SBA Solar Project Financing Program (up to $5MM project size) 1MW+ Solar Project Financing ► Financeability Risks-sheer size Site control Permits End user EPC Company Tax Equity ► Federal investment tax credit / 1603 cash grant in lieu of ITC ► Federal depreciation
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13 Case Study 1 – Aerojet
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14 Case Study 1 – Aerojet
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15 Case Study 1 – Aerojet 6MW DC project in Folsom, California installed on 40+ acres of brown field. Used as a case in point by the EPA to detemine how industry and government agencies can work together to develop brown field locations. Equivalent to planting more than 976,000 trees or eliminating the pollution from driving a car 8 million miles. Led to hundreds of construction, operations, and maintenance jobs.
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16 Case Study 2 – Depot Park
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17 Case Study 2 – Depot Park
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18 Case Study 2 – Depot Park 3MW DC project in Sacramento, CA on 15 acres of brown field. Single largest solar project in the city of Sacramento. Produces enough electricity to power 458 average American homes year after year. Equivalent to removing 696 cars from the highway yearly or 94,451 tons of greenhouse gases over 25 years. Created up to 95 green jobs in the community.
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19 Don Danh, Senior Vice President 2350 Mission College Blvd., #988 Santa Clara, CA 95054 Tel: 408-677-1519 Fax: 408-588-9688 www.eastwestbank.com
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