Carrabelle, FL · Cert 20340
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Carrabelle, FL · Cert 20340
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.95% | -1.58% | -2.66% | -4.99% | -6.11% | -2.19% | -4.63% | -4.88% | +11 bps | |
| Return on Equity | -18.52% | -17.63% | -31.77% | -64.30% | -89.26% | -77.24% | -207% | -299% | -23,435 bps | |
| Net Interest Margin | 3.11% | 2.44% | 2.59% | 2.46% | 2.45% | 2.16% | 2.19% | 2.31% | -15 bps | |
| Efficiency Ratio | 108.56% | 109.71% | 104.28% | 112.73% | 120.51% | 150.98% | 360% | 287% | +17,387 bps | |
| Non-Interest Burden | 3.51% | 2.79% | 2.76% | 2.90% | 3.16% | 3.72% | 5.55% | 5.51% | +261 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.33% | -3.08% | 5.76% | -4.55% | -1.53% | -4.40% | -11.37% | -4.33% | +22 bps | |
| Loan Growth (YoY) | 0.45% | -3.55% | -6.88% | -10.65% | -14.06% | -13.82% | -15.80% | -13.74% | -309 bps | |
| Deposit Growth (YoY) | 2.93% | -0.13% | 10.90% | 1.99% | 6.07% | 2.08% | -5.37% | 1.93% | -7 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 | 3.69% | 2.31% | 3.93% | 5.00% | 6.97% | 1.41% | 2.80% | 2.52% | -249 bps | |
| Allowance / Loans | 2.78% | 2.64% | 2.70% | 4.20% | 4.52% | 4.44% | 4.40% | 5.06% | +87 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 | 12.08% | 11.53% | 10.50% | 8.11% | 5.23% | 4.54% | 2.09% | -0.72% | -883 bps | |
| Equity / Assets | 9.31% | 8.65% | 7.26% | 5.73% | 3.09% | 2.58% | 1.02% | -0.29% | -602 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.05% | 81.45% | 73.45% | 77.96% | 69.72% | 68.76% | 65.35% | 65.98% | -1,198 bps | |
| Liquid Assets / Assets | 0.15% | 0.15% | 0.17% | 0.19% | 0.00% | 0.00% | 5.96% | 4.62% | +443 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |