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Sunniland Bank

Fort Lauderdale, FL · Cert 21793

FDIC

Q1 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2014, the quarter ended March 31, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Sunniland Bank

Fort Lauderdale, FL · Cert 21793

FDIC

Q1 2014

$81.8MAssets
$51.8MLoans
$66.5MDeposits
$436KEquity
Loan mix
79%RE $32.7M19%C&I $7.8M2%Consumer $0.7MQ1 2013Q1 2014
Deposit mix
89%Interest-bearing $59.4M11%Noninterest $7.1MQ1 2013Q1 2014

NIM

4.64%Q1 ’123.58%Q1 ’133.11%Q1 ’14-28%-16%

Non-interest income vs. expense

3.28%Q1 ’123.06%Q1 ’133.51%Q1 ’14-144%+344%

Executive Summary

  • Earnings: ROA of -4.94%, down 879 bps year over year; NIM at 2.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Funding: loans stand at 77.88% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

-4.94%-879 bps YoY

Net Interest Margin (YTD, annualized)

2.15%-40 bps YoY

Efficiency Ratio (YTD, annualized)

148.78%+10,573 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets3.85%0.06%-0.30%-1.04%-4.94%-879 bps
Return on Equity192.50%2.89%-13.80%-50.25%-455%-64,751 bps
Net Interest Margin2.55%2.21%2.28%2.41%2.15%-40 bps
Efficiency Ratio43.05%66.29%75.85%82.86%148.78%+10,573 bps
Non-Interest Burden-1.37%0.68%1.32%1.78%3.34%+471 bps
Growth
Asset Growth (YoY)-12.81%-15.37%-16.08%-13.19%-20.26%-746 bps
Loan Growth (YoY)-0.27%-12.54%-16.36%-22.33%-25.34%-2,507 bps
Deposit Growth (YoY)-12.08%-14.91%-16.18%-16.77%-21.22%-914 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.12%0.66%1.11%3.22%0.02%-11 bps
Allowance / Loans5.38%6.78%7.23%6.86%8.44%+306 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital5.10%5.11%5.08%3.97%1.75%-335 bps
Equity / Assets3.29%2.33%2.38%1.61%0.53%-276 bps
Liquidity & Funding
Loans / Deposits82.17%82.20%84.26%75.65%77.88%-429 bps
Liquid Assets / Assets0.40%0.15%0.02%0.47%0.53%+12 bps
CRE / Total Capitaln/an/an/an/an/an/an/a