Okeechobee, FL · Cert 26743
FDIC
Q1 2006
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Okeechobee, FL · Cert 26743
FDIC
Q1 2006
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 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.72% | 0.72% | 0.82% | 0.90% | 0.96% | 0.96% | 0.54% | -28 bps | |
| Return on Equity | 9.82% | 9.95% | 10.12% | 12.55% | 13.53% | 14.16% | 14.08% | 7.80% | -475 bps | |
| Net Interest Margin | 3.38% | 3.31% | 3.03% | 3.50% | 3.53% | 3.65% | 3.62% | 3.88% | +39 bps | |
| Efficiency Ratio | 73.52% | 72.74% | 72.27% | 67.33% | 65.93% | 65.10% | 64.69% | 82.93% | +1,560 bps | |
| Non-Interest Burden | 2.31% | 2.24% | 2.03% | 2.17% | 2.12% | 2.15% | 2.11% | 3.15% | +97 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.57% | 17.94% | 26.01% | 30.48% | 24.85% | 19.15% | 9.50% | 4.08% | -2,640 bps | |
| Loan Growth (YoY) | 9.24% | 11.15% | 10.88% | 10.73% | 10.81% | 12.00% | 12.62% | 10.04% | -69 bps | |
| Deposit Growth (YoY) | 14.08% | 18.49% | 26.86% | 30.19% | 24.80% | 19.45% | 9.14% | 3.00% | -2,720 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 | 0.09% | 0.06% | 0.05% | 0.01% | 0.03% | 0.01% | 0.01% | 0.00% | -1 bps | |
| Allowance / Loans | 1.19% | 1.22% | 1.21% | 1.22% | 1.21% | 1.22% | 1.20% | 1.23% | +2 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 | 12.86% | 13.01% | 12.85% | 12.49% | 12.78% | 13.10% | 12.89% | 13.11% | +63 bps | |
| Equity / Assets | 7.14% | 7.16% | 6.75% | 6.33% | 6.81% | 7.11% | 6.93% | 6.89% | +56 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.64% | 74.42% | 66.80% | 63.50% | 67.16% | 69.79% | 68.93% | 67.84% | +434 bps | |
| Liquid Assets / Assets | 2.83% | 3.00% | 3.11% | 2.91% | 3.08% | 3.19% | 3.37% | 2.65% | -26 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |