Englewood, FL · Cert 26563
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.
Englewood, FL · Cert 26563
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 | -0.68% | -0.36% | -0.86% | -0.14% | -4.00% | -3.35% | -7.60% | -2.40% | -226 bps | |
| Return on Equity | -7.44% | -4.11% | -10.06% | -1.91% | -60.00% | -53.32% | -150.42% | 1367% | +136,847 bps | |
| Net Interest Margin | 2.88% | 2.79% | 2.67% | 2.44% | 1.34% | 1.25% | 1.01% | 0.18% | -226 bps | |
| Efficiency Ratio | 73.90% | 76.45% | 87.89% | 89.70% | 201% | 182.19% | 375% | 45.07% | -4,463 bps | |
| Non-Interest Burden | 2.04% | 2.06% | 2.33% | 2.16% | 2.93% | 2.51% | 4.43% | -3.88% | -604 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -14.31% | -3.18% | 5.25% | 4.05% | 8.23% | 6.48% | -4.67% | -0.11% | -415 bps | |
| Loan Growth (YoY) | -2.50% | -1.50% | 6.88% | 7.68% | 8.27% | -2.12% | -11.42% | -13.04% | -2,073 bps | |
| Deposit Growth (YoY) | -22.63% | -12.94% | -3.72% | 3.12% | 12.22% | 14.55% | 6.02% | 12.12% | +901 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 | 0.01% | 0.01% | 0.76% | 0.04% | 2.18% | 3.48% | 6.04% | 0.70% | +66 bps | |
| Allowance / Loans | 2.41% | 2.37% | 2.36% | 2.55% | 4.76% | 4.55% | 4.20% | 7.95% | +540 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 | 11.72% | 11.17% | 10.23% | 9.81% | 6.92% | 6.67% | 0.95% | -2.04% | -1,185 bps | |
| Equity / Assets | 8.86% | 8.15% | 7.26% | 7.26% | 5.48% | 5.15% | -0.02% | -0.33% | -759 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.13% | 92.06% | 87.05% | 89.61% | 86.00% | 78.67% | 72.72% | 69.50% | -2,011 bps | |
| Liquid Assets / Assets | 2.01% | 0.92% | 0.70% | 2.31% | 6.59% | 5.29% | 6.50% | 7.63% | +531 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |