Palm Beach Gardens, FL · Cert 26973
FDIC
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 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.
Palm Beach Gardens, FL · Cert 26973
FDIC
Q1 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 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.27% | 0.34% | 0.36% | 1.11% | 1.10% | 1.13% | 1.03% | 0.35% | -77 bps | |
| Return on Equity | n/a | n/a | n/a | 13.22% | 13.27% | 13.62% | 12.39% | 2.27% | -1,095 bps | |
| Net Interest Margin | 3.48% | 3.22% | 3.17% | 3.93% | 3.55% | 3.74% | 3.60% | 2.71% | -122 bps | |
| Efficiency Ratio | 73.35% | 71.80% | 70.38% | 53.75% | 53.75% | 52.11% | 53.90% | 57.30% | +355 bps | |
| Non-Interest Burden | 2.48% | 2.24% | 2.16% | 2.03% | 1.82% | 1.86% | 1.86% | 1.70% | -32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 120.39% | 120.90% | 65.12% | 45.72% | 36.39% | 22.57% | 21.46% | 33.60% | -1,212 bps | |
| Loan Growth (YoY) | 137.91% | 123.92% | 80.81% | 53.55% | 31.02% | 25.08% | 22.01% | 24.67% | -2,888 bps | |
| Deposit Growth (YoY) | 140.86% | 134.41% | 71.87% | 49.37% | 41.08% | 24.83% | 22.77% | 15.57% | -3,380 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 | 0.00% | 0.02% | 0.02% | 0.42% | 0.24% | 0.18% | 0.17% | 0.02% | -41 bps | |
| Allowance / Loans | 1.07% | 1.09% | 1.23% | 1.11% | 1.07% | 1.08% | 1.13% | 1.13% | +1 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 | 11.64% | 10.64% | 10.29% | 10.24% | 10.12% | 10.01% | 10.07% | 11.29% | +105 bps | |
| Equity / Assets | 9.87% | 8.74% | 8.60% | 8.26% | 8.07% | 8.20% | 8.41% | 21.02% | +1,275 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.29% | 83.20% | 87.91% | 83.63% | 81.06% | 83.37% | 87.36% | 90.21% | +658 bps | |
| Liquid Assets / Assets | 8.09% | 7.29% | 7.22% | 6.70% | 6.31% | 6.15% | 4.95% | 0.01% | -670 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |