Monticello, FL · Cert 11286
FDIC · 6 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Monticello, FL · Cert 11286
FDIC · 6 branches
Q3 2018
Market Position · Tallahassee, FL · 2018 SOD (annual) · 4.5% share · #9 of 18 inst. · $0.4B of $8.1B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.00% | 1.01% | 1.13% | 1.13% | 1.07% | 1.07% | 1.15% | 1.18% | +5 bps | |
| Return on Equity | 10.63% | 11.29% | 12.51% | 12.32% | 11.64% | 12.03% | 13.08% | 13.48% | +116 bps | |
| Net Interest Margin | 3.39% | 3.52% | 3.52% | 3.51% | 3.51% | 3.55% | 3.73% | 3.78% | +27 bps | |
| Efficiency Ratio | 74.66% | 74.86% | 72.42% | 73.52% | 74.92% | 73.87% | 72.95% | 72.43% | -109 bps | |
| Non-Interest Burden | 2.37% | 2.48% | 2.34% | 2.40% | 2.46% | 2.48% | 2.58% | 2.59% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.42% | 5.21% | 3.98% | 0.22% | 2.43% | 3.11% | 2.45% | 2.83% | +260 bps | |
| Loan Growth (YoY) | 15.55% | 8.45% | 6.40% | 4.40% | 6.34% | 8.74% | 6.94% | 6.88% | +248 bps | |
| Deposit Growth (YoY) | 7.05% | 6.40% | 6.48% | 4.17% | 4.07% | 5.13% | 5.05% | 6.85% | +268 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 1.87% | 2.10% | 2.91% | 2.67% | 2.53% | 1.75% | 1.78% | -112 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.03% | 0.01% | 0.04% | 0.04% | -0.03% | 0.09% | 0.08% | +4 bps | |
| Allowance / Loans | 1.17% | 1.20% | 1.22% | 1.13% | 1.06% | 1.06% | 1.02% | 0.99% | -14 bps | |
| Allowance Coverage of NPLs | n/a | 0.6x | 0.6x | 0.4x | 0.4x | 0.4x | 0.6x | 0.6x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.29% | 9.23% | 9.40% | 9.47% | 9.58% | 9.10% | 9.24% | 9.44% | -3 bps | |
| Total Risk-Based Capital | 13.84% | 14.18% | 14.44% | 14.46% | 14.15% | 13.77% | 14.01% | 14.05% | -40 bps | |
| Equity / Assets | 8.95% | 8.90% | 9.37% | 9.46% | 9.32% | 8.51% | 8.64% | 8.67% | -79 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.95% | 75.99% | 76.69% | 78.21% | 80.68% | 78.61% | 78.06% | 78.23% | +2 bps | |
| Liquid Assets / Assets | 3.31% | 6.07% | 2.41% | 1.70% | 0.98% | 1.67% | 1.94% | 2.41% | +72 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |