Milton, FL · Cert 25155
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Milton, FL · Cert 25155
FDIC
Q2 2011
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 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.94% | -2.95% | -3.90% | -3.21% | -3.32% | -3.20% | -6.95% | -4.66% | -145 bps | |
| Return on Equity | -33.02% | -33.40% | -46.85% | -38.88% | -41.27% | -40.90% | -116.21% | -83.42% | -4,453 bps | |
| Net Interest Margin | 2.08% | 2.18% | 2.06% | 1.95% | 1.96% | 2.02% | 1.70% | 1.70% | -25 bps | |
| Efficiency Ratio | 137.02% | 147.95% | 269% | 202% | 204% | 218% | 439% | 342% | +14,009 bps | |
| Non-Interest Burden | 3.41% | 3.85% | 6.15% | 4.59% | 4.70% | 5.04% | 7.19% | 6.03% | +144 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.14% | -15.52% | -21.13% | -20.84% | -18.02% | -15.92% | -14.09% | -10.63% | +1,020 bps | |
| Loan Growth (YoY) | -18.91% | -19.51% | -17.43% | -19.56% | -23.29% | -20.76% | -21.76% | -17.25% | +230 bps | |
| Deposit Growth (YoY) | -5.57% | -13.29% | -19.23% | -20.49% | -16.17% | -13.91% | -11.11% | -6.90% | +1,358 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 | 4.40% | 4.62% | 4.21% | 4.12% | 5.11% | 4.54% | 16.07% | 8.82% | +469 bps | |
| Allowance / Loans | 4.30% | 4.27% | 4.27% | 4.89% | 5.01% | 4.76% | 3.31% | 3.35% | -154 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 | 10.89% | 10.86% | 8.78% | 8.36% | 7.35% | 6.57% | 4.80% | 4.75% | -361 bps | |
| Equity / Assets | 8.92% | 8.57% | 8.09% | 8.06% | 7.42% | 6.75% | 5.19% | 4.76% | -330 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.49% | 76.51% | 75.85% | 74.71% | 69.99% | 70.43% | 66.76% | 66.41% | -831 bps | |
| Liquid Assets / Assets | 5.12% | 6.82% | 5.12% | 4.22% | 6.32% | 9.46% | 14.36% | 15.88% | +1,166 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |