PackageTrendsPeer
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Citizens Bank of Oviedo, The

Oviedo, FL · Cert 16442

FDIC · 6 branches

Q1 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Citizens Bank of Oviedo, The

Oviedo, FL · Cert 16442

FDIC · 6 branches

Q1 2022

$495.6MAssets
$266.5MLoans
$453.6MDeposits
$37.7MEquity
Loan mix
92%RE $161.3M7%C&I $11.8M1%Consumer $1.6MQ1 2021Q1 2022
Deposit mix
67%Interest-bearing $302.5M33%Noninterest $151.1MQ1 2021Q1 2022

NIM

3.88%Q1 ’203.67%Q1 ’212.78%Q1 ’22+2%-24%

Non-interest income vs. expense

2.70%Q1 ’202.21%Q1 ’211.75%Q1 ’22-18%-21%

Market Position · Orlando-Kissimmee-Sanford, FL · 2021 SOD (annual) · 0.6% share · #20 of 41 inst. · $0.4B of $73.5B

3.5% Seminole
0.0% Orange
0.1% Volusia

Executive Summary

  • Earnings: ROA of 0.72%, down 28 bps year over year; NIM at 2.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 8.22%, down 37 bps from a year ago.
  • Funding: loans stand at 58.75% of deposits as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

0.72%-28 bps YoY

Net Interest Margin (YTD, annualized)

2.59%-82 bps YoY

Efficiency Ratio (YTD, annualized)

63.74%+230 bps YoY

Tier 1 Leverage Ratio

8.22%-37 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets1.00%1.00%0.91%0.44%0.72%-28 bps
Return on Equity11.69%11.82%10.80%5.37%9.87%-182 bps
Net Interest Margin3.41%3.20%3.06%2.83%2.59%-82 bps
Efficiency Ratio61.44%61.50%63.34%79.68%63.74%+230 bps
Non-Interest Burden2.03%1.84%1.83%2.19%1.60%-43 bps
Growth
Asset Growth (YoY)34.96%19.91%16.85%25.86%3.23%-3,173 bps
Loan Growth (YoY)27.14%1.80%-1.65%3.35%-7.70%-3,484 bps
Deposit Growth (YoY)36.02%20.05%16.57%29.38%5.32%-3,070 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%-0.01%-0.01%-0.01%-0.01%+1 bps
Allowance / Loans1.25%1.27%1.31%1.39%1.43%+18 bps
Allowance Coverage of NPLsn/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio8.59%8.56%8.58%7.84%8.22%-37 bps
Total Risk-Based Capital14.39%14.47%14.25%13.75%14.63%+24 bps
Equity / Assets8.25%8.35%8.41%7.10%7.61%-65 bps
Liquidity & Funding
Loans / Deposits67.03%65.45%62.51%52.68%58.75%-829 bps
Liquid Assets / Assets12.82%13.64%17.18%29.38%22.07%+925 bps
CRE / Total Capitaln/an/an/an/an/an/an/a