Port Charlotte, FL · Cert 27086
FDIC · 6 branches
Q2 2023
Market Position · Punta Gorda, FL · 2023 SOD (annual) · 9.3% share · #4 of 13 inst. · $0.5B of $5.8B
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 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.89% | 1.08% | 1.07% | 2.25% | 2.24% | +135 bps | |
| Return on Equity | 11.79% | 14.19% | 14.25% | 29.93% | 29.20% | +1,740 bps | |
| Net Interest Margin | 2.03% | 2.28% | 2.61% | 3.93% | 4.03% | +200 bps | |
| Efficiency Ratio | 66.68% | 62.23% | 55.57% | 44.05% | 45.18% | -2,150 bps | |
| Non-Interest Burden | 0.93% | 0.96% | 0.91% | 1.07% | 1.17% | +25 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 13.45% | 10.37% | 11.97% | 5.22% | -4.42% | -1,786 bps | |
| Loan Growth (YoY) | -3.02% | 1.55% | 2.48% | 7.18% | 10.72% | +1,374 bps | |
| Deposit Growth (YoY) | 14.77% | 11.76% | 13.32% | 4.76% | -5.13% | -1,990 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.02% | 0.02% | 0.02% | 0.03% | 0 bps | |
| Allowance / Loans | 1.83% | 1.80% | 1.74% | 1.70% | 1.63% | -20 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 1314.7x | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 7.92% | 8.28% | 7.64% | 8.21% | 8.09% | +17 bps | |
| Total Risk-Based Capital | 25.10% | 26.61% | 22.04% | 23.65% | 22.38% | -272 bps | |
| Equity / Assets | 7.26% | 7.58% | 7.16% | 7.84% | 8.04% | +77 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 35.63% | 36.99% | 36.54% | 37.19% | 41.58% | +595 bps | |
| Liquid Assets / Assets | 53.38% | 51.65% | 56.71% | 57.07% | 53.26% | -12 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |