Tampa, FL · Cert 27045
FDIC · 6 branches
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Tampa, FL · Cert 27045
FDIC · 6 branches
Q3 2021
Market Position · Tampa-St. Petersburg-Clearwater, FL · 2021 SOD (annual) · 0.4% share · #26 of 56 inst. · $0.5B of $117.0B
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 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.57% | 0.74% | 1.17% | 1.17% | 1.16% | 1.74% | 1.90% | 2.18% | +101 bps | |
| Return on Equity | 5.62% | 7.34% | 12.52% | 12.81% | 12.91% | 20.93% | 22.41% | 25.21% | +1,240 bps | |
| Net Interest Margin | 2.84% | 3.05% | 3.33% | 3.48% | 3.32% | 3.74% | 3.68% | 3.74% | +26 bps | |
| Efficiency Ratio | 74.89% | 68.54% | 54.52% | 52.05% | 52.77% | 43.31% | 42.64% | 41.28% | -1,077 bps | |
| Non-Interest Burden | 2.00% | 1.92% | 1.38% | 1.20% | 1.16% | 0.74% | 0.74% | 0.64% | -56 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.34% | 18.76% | 45.54% | 37.74% | 42.13% | 43.98% | 10.33% | 8.77% | -2,897 bps | |
| Loan Growth (YoY) | 19.09% | 18.52% | 47.31% | 41.26% | 39.27% | 51.89% | 10.78% | 7.44% | -3,382 bps | |
| Deposit Growth (YoY) | 20.69% | 20.69% | 36.97% | 22.51% | 30.91% | 30.70% | 16.66% | 28.51% | +600 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.07% | 0.06% | 0.04% | 0.05% | 0.05% | 0.09% | 0.10% | 0.08% | +3 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.02% | 0.13% | 0.11% | -0.03% | -0.02% | 0.01% | -12 bps | |
| Allowance / Loans | 0.65% | 0.68% | 0.70% | 0.79% | 0.83% | 0.82% | 0.89% | 0.89% | +10 bps | |
| Allowance Coverage of NPLs | 10.0x | 11.6x | 16.9x | 16.3x | 17.9x | 9.3x | 8.8x | 11.2x | -5.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.59% | 9.78% | 9.00% | 9.75% | 9.80% | 9.52% | 9.32% | 9.45% | -30 bps | |
| Total Risk-Based Capital | 12.19% | 9.78% | 9.00% | 9.75% | 9.80% | 9.52% | 9.32% | 9.45% | -30 bps | |
| Equity / Assets | 10.18% | 10.04% | 8.22% | 8.52% | 8.48% | 8.14% | 8.83% | 9.15% | +63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.57% | 91.10% | 102.37% | 111.47% | 101.68% | 105.87% | 97.21% | 93.19% | -1,828 bps | |
| Liquid Assets / Assets | 2.35% | 2.78% | 3.26% | 1.82% | 1.42% | 1.24% | 3.29% | 6.73% | +492 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |