PackageTrendsPeer
Letter portraitLegal landscape

Premier Community Bank of Florida

Largo, FL · Cert 26587

FDIC

Q1 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Premier Community Bank of Florida

Largo, FL · Cert 26587

FDIC

Q1 2004

$364.6MAssets
$265.5MLoans
$303.1MDeposits
$31.6MEquity
Loan mix
70%RE $53.3M29%C&I $22.3M0%Consumer $0.1MQ1 2003Q1 2004
Deposit mix
96%Interest-bearing $291.9M4%Noninterest $11.2MQ1 2003Q1 2004

NIM

6.32%Q1 ’025.34%Q1 ’034.73%Q1 ’04-6%-7%

Non-interest income vs. expense

2.92%Q1 ’023.13%Q1 ’032.79%Q1 ’04+13%-8%

Executive Summary

  • Earnings: ROA of 1.18%, down 12 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 87.59% of deposits as of Q1 2004.

Financial Results

Return on Assets (YTD, annualized)

1.18%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.96%-29 bps YoY

Efficiency Ratio (YTD, annualized)

62.73%-156 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets1.30%1.29%1.37%1.39%1.18%-12 bps
Return on Equity15.66%15.51%16.48%16.72%13.80%-187 bps
Net Interest Margin4.25%4.16%4.11%4.09%3.96%-29 bps
Efficiency Ratio64.30%61.50%59.10%58.96%62.73%-156 bps
Non-Interest Burden2.51%2.34%2.18%2.17%2.30%-21 bps
Growth
Asset Growth (YoY)11.85%10.59%3.29%5.74%-0.55%-1,241 bps
Loan Growth (YoY)19.12%18.44%13.84%4.74%5.86%-1,326 bps
Deposit Growth (YoY)17.69%15.28%7.61%12.67%1.53%-1,616 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.02%-0.01%0 bps
Allowance / Loans1.62%1.61%1.59%1.60%1.53%-9 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 Capital10.17%10.29%10.47%10.41%10.24%+7 bps
Equity / Assets8.12%8.28%8.37%8.44%8.67%+55 bps
Liquidity & Funding
Loans / Deposits84.01%83.21%85.12%81.36%87.59%+359 bps
Liquid Assets / Assets0.48%0.37%0.26%0.75%0.08%-41 bps
CRE / Total Capitaln/an/an/an/an/an/an/a