Pensacola, FL · Cert 20830
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 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.
Pensacola, FL · Cert 20830
FDIC
Q1 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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.11% | 1.11% | -0.84% | 0.52% | -0.80% | -3.30% | -3.62% | -2.99% | -351 bps | |
| Return on Equity | 12.85% | 12.97% | -9.61% | 5.38% | -8.45% | -35.21% | -39.63% | -34.94% | -4,032 bps | |
| Net Interest Margin | 3.49% | 3.46% | 3.39% | 3.46% | 3.49% | 3.49% | 3.60% | 3.43% | -3 bps | |
| Efficiency Ratio | 39.16% | 39.85% | 57.04% | 44.72% | 49.85% | 57.84% | 57.29% | 60.32% | +1,559 bps | |
| Non-Interest Burden | 1.16% | 1.20% | 2.00% | 1.24% | 1.51% | 2.01% | 2.37% | 1.93% | +69 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.81% | 5.45% | 56.18% | 46.72% | 50.60% | 42.20% | -4.54% | -3.71% | -5,044 bps | |
| Loan Growth (YoY) | 2.08% | 4.28% | 53.82% | 48.91% | 54.77% | 41.98% | -6.46% | -8.23% | -5,715 bps | |
| Deposit Growth (YoY) | 5.94% | 16.73% | 64.02% | 59.40% | 53.55% | 48.02% | 1.72% | -0.28% | -5,967 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 | 0.53% | 0.42% | 2.33% | 1.08% | 2.44% | 5.79% | 6.25% | 4.64% | +356 bps | |
| Allowance / Loans | 1.49% | 1.50% | 1.97% | 2.11% | 2.62% | 2.34% | 2.67% | 2.91% | +79 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 | 10.50% | 10.28% | 11.15% | 11.24% | 10.63% | 11.13% | 10.41% | 11.36% | +12 bps | |
| Equity / Assets | 8.55% | 8.27% | 9.44% | 9.87% | 9.17% | 9.05% | 8.18% | 8.96% | -91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.08% | 107.64% | 104.72% | 106.12% | 109.95% | 103.25% | 96.30% | 97.66% | -846 bps | |
| Liquid Assets / Assets | 0.05% | 0.05% | 0.27% | 0.04% | 0.74% | 1.93% | 0.04% | 0.02% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |