Palm Beach, FL · Cert 21051
FDIC
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Palm Beach, FL · Cert 21051
FDIC
Q3 2002
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 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.78% | 0.71% | 0.84% | 0.93% | 0.96% | 0.88% | 1.13% | 0.09% | -84 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | 9.01% | 11.58% | 0.89% | n/a | |
| Net Interest Margin | n/a | 4.66% | 4.81% | 5.15% | 5.01% | 4.52% | 4.41% | 4.35% | -80 bps | |
| Efficiency Ratio | n/a | 69.79% | 70.07% | 70.05% | 69.89% | 72.73% | 71.06% | 83.96% | +1,391 bps | |
| Non-Interest Burden | n/a | 2.98% | 3.09% | 3.30% | 3.20% | 2.95% | 2.75% | 3.44% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.13% | -5.76% | -3.73% | -3.77% | -2.03% | 4.03% | 10.80% | 14.51% | +1,829 bps | |
| Loan Growth (YoY) | 12.85% | 11.12% | 4.84% | 9.09% | 8.02% | 7.36% | 9.22% | 4.92% | -417 bps | |
| Deposit Growth (YoY) | 11.46% | -6.15% | -6.74% | -5.74% | -4.86% | 1.72% | 8.98% | 14.48% | +2,022 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 | n/a | 0.06% | 0.29% | 0.19% | 0.13% | 0.07% | -0.14% | -0.04% | -23 bps | |
| Allowance / Loans | n/a | 1.26% | 1.20% | 1.20% | 1.19% | 1.22% | 1.21% | 1.54% | +34 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 | n/a | 11.99% | 12.38% | 12.77% | 12.40% | 12.72% | 13.06% | 12.75% | -1 bps | |
| Equity / Assets | n/a | 9.05% | 9.63% | 10.19% | 9.76% | 9.76% | 9.81% | 9.18% | -101 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.56% | 88.86% | 90.37% | 95.68% | 96.01% | 93.79% | 90.57% | 87.69% | -799 bps | |
| Liquid Assets / Assets | 0.00% | 0.20% | 0.22% | 0.23% | 0.22% | 0.22% | 0.20% | 0.20% | -4 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |