PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ready State Bank

Hialeah, FL · Cert 24795

FDIC

Q3 1998

$611.3MAssets
$313.9MLoans
$545.4MDeposits
n/aEquity

Executive Summary

  • Earnings: ROA of 1.26%, down 32 bps year over year.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Funding: loans stand at 57.56% of deposits as of Q3 1998.

Return on Assets (YTD, annualized)

1.26%-32 bps YoY

Net Interest Margin (YTD, annualized)

n/a
n/a

Efficiency Ratio (YTD, annualized)

n/a
n/a

Tier 1 Leverage Ratio

n/a
n/a

Year to date, annualized, through each quarter.

MetricQ4 1996Q1 1997Q2 1997Q3 1997Q4 1997Q1 1998Q2 1998Q3 1998YoY ΔTrend
Earnings
Return on Assets1.81%1.66%1.63%1.58%1.51%1.18%1.25%1.26%-32 bps
Return on Equityn/an/an/an/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/an/an/an/a
Non-Interest Burdenn/an/an/an/an/an/an/an/an/an/a
Growth
Asset Growth (YoY)23.36%18.63%19.37%16.27%18.30%17.99%15.82%16.81%+54 bps
Loan Growth (YoY)8.85%16.06%18.49%15.53%13.06%8.48%13.63%15.14%-39 bps
Deposit Growth (YoY)22.90%17.88%19.56%16.18%18.93%18.22%15.54%16.41%+23 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/an/an/an/an/an/an/an/an/a
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits58.56%60.42%59.10%58.19%55.66%55.44%58.12%57.56%-63 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a