Fort Lauderdale, FL · Cert 21793
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Fort Lauderdale, FL · Cert 21793
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.48% | 0.12%1 | -4.48% | 3.85% | 0.06% | -0.30% | -1.04% | -4.94% | -879 bps | |
| Return on Equity | 8.44% | 2.17% | -93.19% | 192.50% | 2.89% | -13.80% | -50.25% | -455% | -64,751 bps | |
| Net Interest Margin | 3.10% | 3.12% | 3.08% | 2.55% | 2.21% | 2.28% | 2.41% | 2.15% | -40 bps | |
| Efficiency Ratio | 93.99% | 108.76% | 119.06% | 43.05% | 66.29% | 75.85% | 82.86% | 148.78% | +10,573 bps | |
| Non-Interest Burden | 2.95% | 3.44% | 3.69% | -1.37% | 0.68% | 1.32% | 1.78% | 3.34% | +471 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.11% | -16.33% | -14.92% | -12.81% | -15.37% | -16.08% | -13.19% | -20.26% | -746 bps | |
| Loan Growth (YoY) | -9.67% | -13.43% | -14.88% | -0.27% | -12.54% | -16.36% | -22.33% | -25.34% | -2,507 bps | |
| Deposit Growth (YoY) | -7.41% | -16.49% | -13.22% | -12.08% | -14.91% | -16.18% | -16.77% | -21.22% | -914 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 | 0.01% | 0.25% | 0.32% | 0.12% | 0.66% | 1.11% | 3.22% | 0.02% | -11 bps | |
| Allowance / Loans | 0.34% | 0.41% | 5.56% | 5.38% | 6.78% | 7.23% | 6.86% | 8.44% | +306 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 | 7.85% | 8.20% | 1.83% | 5.10% | 5.11% | 5.08% | 3.97% | 1.75% | -335 bps | |
| Equity / Assets | 5.53% | 5.96% | 0.65% | 3.29% | 2.33% | 2.38% | 1.61% | 0.53% | -276 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.97% | 84.44% | 81.07% | 82.17% | 82.20% | 84.26% | 75.65% | 77.88% | -429 bps | |
| Liquid Assets / Assets | 1.54% | 1.87% | 2.08% | 0.40% | 0.15% | 0.02% | 0.47% | 0.53% | +12 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |