PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Banco Financiero de Puerto Rico

Ponce, PR · Cert 22302

FDIC

Q3 2002

$87.1MAssets
$73.1MLoans
$83.9MDeposits
$2.4MEquity
Loan mix
50%RE $12.5M48%C&I $12.1M1%Consumer $0.3MQ3 2001Q3 2002
Deposit mix
93%Interest-bearing $78.5M7%Noninterest $5.5MQ3 2001Q3 2002

NIM

9.07%Q1 ’019.03%Q3 ’018.26%Q3 ’02+5%+13%

Non-interest income vs. expense

4.63%Q1 ’015.47%Q3 ’015.99%Q3 ’02+23%+7%

Executive Summary

  • Earnings: ROA of -1.03%, up 88 bps year over year; NIM at 4.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.01%.
  • Funding: loans stand at 87.11% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

-1.03%+88 bps YoY

Net Interest Margin (quarter, annualized)

4.49%+50 bps YoY

Efficiency Ratio (quarter, annualized)

121.09%-710 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets-1.91%-3.29%-1.13%-0.43%-1.03%+88 bps
Return on Equity-36.87%-72.22%-32.38%-15.08%-37.20%-33 bps
Net Interest Margin3.98%3.49%4.41%4.56%4.49%+50 bps
Efficiency Ratio128.19%169.36%124.33%108.57%121.09%-710 bps
Non-Interest Burden5.19%6.17%5.54%4.99%5.53%+34 bps
Growth
Asset Growth (YoY)11.96%7.97%-0.83%-0.80%-7.37%-1,933 bps
Loan Growth (YoY)-4.23%17.99%13.67%22.37%13.06%+1,730 bps
Deposit Growth (YoY)12.67%10.33%2.55%2.27%-4.63%-1,730 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.40%0.45%0.14%1.97%2.01%+60 bps
Allowance / Loans1.63%1.46%2.04%1.43%1.04%-59 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 Capital8.75%6.48%4.92%4.71%4.35%-440 bps
Equity / Assets4.96%4.14%2.82%2.85%2.71%-225 bps
Liquidity & Funding
Loans / Deposits73.48%86.73%87.58%91.48%87.11%+1,363 bps
Liquid Assets / Assets2.36%0.42%1.50%0.37%1.57%-79 bps
CRE / Total Capitaln/an/an/an/an/an/an/a