Tallahassee, FL · Cert 21866
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.
Tallahassee, FL · Cert 21866
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 | 1.52% | 1.31% | 0.71% | -0.29% | -1.67% | -2.77% | -5.20% | -7.59% | -730 bps | |
| Return on Equity | 15.72% | 13.55% | 7.50% | -3.22% | -18.98% | -31.89% | -60.09% | -92.64% | -8,941 bps | |
| Net Interest Margin | 3.98% | 4.05% | 3.99% | 3.31% | 3.38% | 3.28% | 3.34% | 3.32% | +1 bps | |
| Efficiency Ratio | 31.86% | 32.80% | 33.74% | 41.29% | 45.41% | 45.82% | 46.66% | 55.14% | +1,385 bps | |
| Non-Interest Burden | 0.98% | 1.07% | 1.08% | 1.10% | 1.29% | 1.26% | 1.36% | 1.63% | +53 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.26% | -7.11% | -4.56% | -7.81% | 4.59% | 3.65% | -0.75% | 5.68% | +1,349 bps | |
| Loan Growth (YoY) | -6.21% | -7.34% | -3.56% | -5.87% | 2.46% | -3.98% | -12.70% | -13.94% | -807 bps | |
| Deposit Growth (YoY) | -0.58% | -1.50% | -4.11% | -4.29% | 6.42% | 5.24% | 0.43% | 10.11% | +1,439 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 | 0.42% | 0.35% | 0.41% | 2.67% | 4.69% | 6.99% | 11.15% | 10.89% | +822 bps | |
| Allowance / Loans | 1.45% | 1.77% | 2.74% | 2.83% | 2.82% | 3.18% | 2.73% | 2.86% | +3 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 | 11.16% | 11.01% | 10.28% | 10.30% | 10.28% | 10.47% | 10.50% | 10.79% | +48 bps | |
| Equity / Assets | 9.87% | 9.66% | 8.83% | 8.93% | 8.57% | 8.45% | 8.50% | 7.89% | -104 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.93% | 105.25% | 105.86% | 108.61% | 101.99% | 96.03% | 92.02% | 84.89% | -2,372 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.74% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |