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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.81% | 1.41% | 0.86% | 0.92% | 1.42% | 1.04% | 2.25% | 2.20% | +128 bps | |
| Return on Equity | 21.30% | 16.78% | 11.07% | 12.58% | 19.09% | 14.17% | 29.93% | 27.72% | +1,513 bps | |
| Net Interest Margin | 2.48% | 2.16% | 2.06% | 2.09% | 2.83% | 3.65% | 3.93% | 4.03% | +194 bps | |
| Efficiency Ratio | 55.19% | 83.81% | 67.61% | 65.80% | 54.85% | 41.27% | 44.05% | 46.32% | -1,949 bps | |
| Non-Interest Burden | 0.68% | 1.63% | 0.98% | 0.92% | 1.04% | 0.79% | 1.07% | 1.24% | +32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.67% | 26.32% | 22.20% | 13.45% | 10.37% | 11.97% | 5.22% | -4.42% | -1,786 bps | |
| Loan Growth (YoY) | -6.58% | -2.86% | -4.78% | -3.02% | 1.55% | 2.48% | 7.18% | 10.72% | +1,374 bps | |
| Deposit Growth (YoY) | 29.28% | 28.20% | 24.06% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | -1.61% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% | 0.02% | 0.04% | +1 bps | |
| Allowance / Loans | 2.45% | 1.81% | 1.84% | 1.83% | 1.80% | 1.74% | 1.70% | 1.63% | -20 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | 1314.7x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.39% | 8.02% | 7.99% | 7.92% | 8.28% | 7.64% | 8.21% | 8.09% | +17 bps | |
| Total Risk-Based Capital | 23.03% | 22.09% | 22.87% | 25.10% | 26.61% | 22.04% | 23.65% | 22.38% | -272 bps | |
| Equity / Assets | 8.69% | 8.15% | 7.35% | 7.26% | 7.58% | 7.16% | 7.84% | 8.04% | +77 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 40.71% | 40.41% | 36.35% | 35.63% | 36.99% | 36.54% | 37.19% | 41.58% | +595 bps | |
| Liquid Assets / Assets | 48.66% | 50.15% | 51.61% | 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 | n/a | n/a | n/a |