Miami, FL · Cert 25654
FDIC
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Miami, FL · Cert 25654
FDIC
Q4 2003
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 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.27% | 0.23% | -0.18% | -0.65% | -3.44% | -3.80% | -3.24% | -2.90% | -225 bps | |
| Return on Equity | 3.07% | 2.47% | -1.88% | -6.97% | -36.62% | -40.29% | -34.75% | -31.21% | -2,424 bps | |
| Net Interest Margin | 4.29% | 4.59% | 4.55% | 4.56% | 3.26% | 3.54% | 3.73% | 3.73% | -83 bps | |
| Efficiency Ratio | 89.32% | 90.13% | 101.28% | 111.40% | 169.64% | 177.16% | 166.89% | 166.17% | +5,477 bps | |
| Non-Interest Burden | 3.65% | 3.97% | 4.63% | 5.28% | 6.31% | 7.29% | 7.12% | 7.08% | +179 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -16.57% | -14.52% | -20.79% | -13.34% | -20.20% | -24.66% | -19.80% | -29.06% | -1,572 bps | |
| Loan Growth (YoY) | -4.77% | -4.19% | -1.93% | -15.70% | -23.53% | -30.51% | -31.00% | -20.71% | -501 bps | |
| Deposit Growth (YoY) | -20.03% | -17.18% | -21.30% | -13.10% | -19.39% | -23.81% | -19.14% | -29.84% | -1,674 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 | -0.06% | 0.35% | 0.22% | 0.81% | -0.04% | 0.46% | 0.23% | -0.42% | -123 bps | |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 15.94% | 16.74% | 15.78% | 15.70% | 16.10% | 14.82% | 14.64% | 15.23% | -47 bps | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.81% | 67.02% | 71.35% | 58.75% | 63.39% | 61.12% | 60.88% | 66.38% | +764 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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 |