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Big Lake National Bank

Okeechobee, FL · Cert 26743

FDIC

Q1 2006

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 2006, the quarter ended March 31, 2006, 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

Big Lake National Bank

Okeechobee, FL · Cert 26743

FDIC

Q1 2006

$331.5MAssets
$204.4MLoans
$301.3MDeposits
$22.8MEquity
Loan mix
94%RE $121.1M6%C&I $7.3M0%Consumer $0.0MQ1 2005Q1 2006
Deposit mix
70%Interest-bearing $211.9M30%Noninterest $89.3MQ1 2005Q1 2006

NIM

4.44%Q1 ’044.51%Q1 ’055.60%Q1 ’06+2%+11%

Non-interest income vs. expense

3.36%Q1 ’042.96%Q1 ’053.98%Q1 ’06-6%+45%

Executive Summary

  • Earnings: ROA of 0.54%, down 28 bps year over year; NIM at 3.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 67.84% of deposits as of Q1 2006.

Financial Results

Return on Assets (YTD, annualized)

0.54%-28 bps YoY

Net Interest Margin (YTD, annualized)

3.88%+39 bps YoY

Efficiency Ratio (YTD, annualized)

82.93%+1,560 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets0.82%0.90%0.96%0.96%0.54%-28 bps
Return on Equity12.55%13.53%14.16%14.08%7.80%-475 bps
Net Interest Margin3.50%3.53%3.65%3.62%3.88%+39 bps
Efficiency Ratio67.33%65.93%65.10%64.69%82.93%+1,560 bps
Non-Interest Burden2.17%2.12%2.15%2.11%3.15%+97 bps
Growth
Asset Growth (YoY)30.48%24.85%19.15%9.50%4.08%-2,640 bps
Loan Growth (YoY)10.73%10.81%12.00%12.62%10.04%-69 bps
Deposit Growth (YoY)30.19%24.80%19.45%9.14%3.00%-2,720 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.03%0.01%0.01%0.00%-1 bps
Allowance / Loans1.22%1.21%1.22%1.20%1.23%+2 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 Capital12.49%12.78%13.10%12.89%13.11%+63 bps
Equity / Assets6.33%6.81%7.11%6.93%6.89%+56 bps
Liquidity & Funding
Loans / Deposits63.50%67.16%69.79%68.93%67.84%+434 bps
Liquid Assets / Assets2.91%3.08%3.19%3.37%2.65%-26 bps
CRE / Total Capitaln/an/an/an/an/an/an/a