PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Crystal River Bank

Crystal River, FL · Cert 17295

FDIC

Q4 2007

$56.7MAssets
$38.8MLoans
$47.8MDeposits
$3.8MEquity
Deposit mix
79%Interest-bearing $37.8M21%Noninterest $10.0MQ4 2006Q4 2007

NIM

5.45%Q4 ’055.75%Q4 ’065.78%Q4 ’07-5%-16%

Non-interest income vs. expense

3.71%Q4 ’053.88%Q4 ’063.80%Q4 ’07+1%+1%

Executive Summary

  • Earnings: ROA of 0.78%, down 75 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 81.21% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

0.78%-75 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-71 bps YoY

Efficiency Ratio (YTD, annualized)

82.69%+1,118 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets1.52%1.02%0.87%0.79%0.78%-75 bps
Return on Equity24.79%16.43%14.07%12.46%12.13%-1,266 bps
Net Interest Margin4.32%3.88%3.75%3.73%3.62%-71 bps
Efficiency Ratio71.51%78.96%81.65%82.99%82.69%+1,118 bps
Non-Interest Burden2.78%2.85%2.88%2.93%2.82%+4 bps
Growth
Asset Growth (YoY)-3.07%-5.23%1.73%-3.24%-1.98%+109 bps
Loan Growth (YoY)5.76%2.04%0.02%-5.09%-5.86%-1,162 bps
Deposit Growth (YoY)-13.60%-14.57%-7.98%-9.41%-1.52%+1,209 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.01%0.00%0.00%0.00%-1 bps
Allowance / Loans0.74%0.75%0.75%0.78%0.79%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.17%13.95%14.05%14.47%13.80%+63 bps
Equity / Assets5.98%6.40%6.10%6.76%6.77%+79 bps
Liquidity & Funding
Loans / Deposits84.96%84.79%85.77%86.17%81.21%-375 bps
Liquid Assets / Assets0.90%1.85%1.76%0.82%4.46%+355 bps
CRE / Total Capitaln/an/an/an/an/an/an/a