Pensacola, FL · Cert 19125
FDIC · 2 branches
Q1 2022
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Pensacola, FL · Cert 19125
FDIC · 2 branches
Q1 2022
Market Position · Pensacola-Ferry Pass-Brent, FL · 2021 SOD (annual) · 0.9% share · #16 of 22 inst. · $0.1B of $8.7B
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 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.02% | 0.06% | 0.15% | 0.18% | 0.13% | 0.13% | 0.09% | -0.12% | -30 bps | |
| Return on Equity | -0.11% | 0.35% | 0.79% | 1.00% | 0.77% | 0.78% | 0.54% | -0.77% | -177 bps | |
| Net Interest Margin | 2.22% | 2.12% | 2.27% | 2.24% | 2.09% | 2.02% | 2.01% | 1.77% | -47 bps | |
| Efficiency Ratio | 101.32% | 96.37% | 92.12% | 89.66% | 92.29% | 95.02% | 96.51% | 107.08% | +1,743 bps | |
| Non-Interest Burden | 2.26% | 2.03% | 2.06% | 1.97% | 1.91% | 1.90% | 1.93% | 1.91% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.97% | 4.28% | 8.67% | 12.01% | 8.79% | 10.68% | 12.93% | 12.46% | +45 bps | |
| Loan Growth (YoY) | 16.18% | 22.92% | 18.52% | 15.03% | -8.71% | -23.37% | -30.20% | -26.84% | -4,187 bps | |
| Deposit Growth (YoY) | 9.37% | 4.90% | 10.34% | 14.92% | 10.59% | 13.11% | 16.09% | 15.52% | +60 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.90% | 0.87% | 0.95% | 0.97% | 1.06% | 1.04% | 1.20% | 1.14% | +17 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 | 18.73% | 17.39% | 18.41% | 18.29% | 16.78% | 15.90% | 16.00% | 15.78% | -251 bps | |
| Total Risk-Based Capital | 18.73% | 17.39% | 18.41% | 18.29% | 16.78% | 15.90% | 16.00% | 15.78% | -251 bps | |
| Equity / Assets | 17.57% | 17.68% | 18.17% | 17.84% | 16.20% | 15.86% | 15.88% | 15.58% | -226 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 42.97% | 45.43% | 44.47% | 43.80% | 35.47% | 30.78% | 26.73% | 27.74% | -1,606 bps | |
| Liquid Assets / Assets | 44.73% | 44.85% | 43.11% | 42.88% | 53.06% | 59.99% | 62.95% | 66.84% | +2,396 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |