Venice, FL · Cert 27183
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Venice, FL · Cert 27183
FDIC
Q2 2009
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.70% | 0.16% | -1.84% | -1.83% | -2.51% | -3.12% | -26.15% | -19.12% | -1,729 bps | |
| Return on Equity | 7.74% | 1.79% | -22.89% | -22.96% | -30.18% | -37.48% | -486% | -564% | -54,140 bps | |
| Net Interest Margin | 4.76% | 4.52% | 3.80% | 3.52% | 3.73% | 3.57% | 2.74% | 2.63% | -89 bps | |
| Efficiency Ratio | 73.84% | 73.86% | 87.18% | 94.15% | 98.52% | 109.46% | 323% | 2548% | +245,412 bps | |
| Non-Interest Burden | 3.39% | 3.21% | 3.22% | 3.28% | 3.67% | 3.97% | 5.70% | 7.02% | +374 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.94% | -3.39% | -0.40% | -4.04% | -3.59% | -8.15% | -16.01% | -10.39% | -635 bps | |
| Loan Growth (YoY) | 0.80% | 4.95% | 3.15% | -3.81% | -9.10% | -12.35% | -16.06% | -13.95% | -1,014 bps | |
| Deposit Growth (YoY) | -3.01% | -3.36% | 0.44% | -2.80% | -7.67% | -7.43% | -10.32% | -0.80% | +200 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 | 0.18% | 1.29% | 0.31% | 1.55% | 2.02% | 2.67% | 16.98% | 11.78% | +1,023 bps | |
| Allowance / Loans | 1.41% | 0.98% | 1.63% | 1.55% | 1.95% | 1.86% | 4.79% | 5.31% | +376 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 | 12.27% | 11.15% | 11.24% | 11.51% | 13.33% | 12.00% | 3.91% | -1.22% | -1,273 bps | |
| Equity / Assets | 9.09% | 8.40% | 7.65% | 7.87% | 9.34% | 8.44% | 2.17% | -0.81% | -868 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.04% | 99.59% | 92.56% | 96.32% | 102.43% | 94.29% | 86.63% | 83.56% | -1,277 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |