Miami Lakes, FL · Cert 18918
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Miami Lakes, FL · Cert 18918
FDIC
Q4 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.18% | 1.17% | 1.03% | 1.16% | 1.51% | 1.37% | 1.43% | 1.22% | +7 bps | |
| Return on Equity | 15.31% | 15.08% | 12.91% | 14.32% | 17.61% | 16.66% | 17.84% | 15.39% | +107 bps | |
| Net Interest Margin | 2.86% | 2.78% | 2.67% | 2.75% | 3.14% | 3.01% | 2.93% | 2.95% | +20 bps | |
| Efficiency Ratio | 66.10% | 62.03% | 67.11% | 64.71% | 67.91% | 65.18% | 63.15% | 68.27% | +356 bps | |
| Non-Interest Burden | 1.80% | 1.62% | 1.70% | 1.68% | 2.03% | 1.85% | 1.75% | 1.92% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 43.00% | 26.36% | 23.74% | 10.01% | 6.35% | 18.57% | 20.76% | 15.24% | +523 bps | |
| Loan Growth (YoY) | 34.65% | 33.96% | 34.48% | 34.56% | 31.21% | 31.04% | 17.70% | 13.15% | -2,140 bps | |
| Deposit Growth (YoY) | 35.75% | 27.77% | 33.68% | 27.18% | 18.26% | 25.03% | 23.72% | 6.31% | -2,086 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.09% | 0.06% | 0.04% | +4 bps | |
| Allowance / Loans | 0.80% | 0.85% | 0.77% | 0.74% | 0.70% | 0.70% | 0.66% | 0.62% | -12 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.81% | 12.17% | 13.60% | 15.87% | 15.82% | 15.35% | 15.46% | 14.82% | -105 bps | |
| Equity / Assets | 7.51% | 7.84% | 8.53% | 8.61% | 8.53% | 7.60% | 7.54% | 7.60% | -101 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.79% | 80.24% | 88.09% | 83.98% | 84.09% | 84.10% | 83.80% | 89.38% | +540 bps | |
| Liquid Assets / Assets | 3.99% | 3.13% | 3.59% | 2.67% | 3.01% | 0.93% | 3.04% | 3.09% | +42 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |