PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First State Bank of Pinellas

Saint Petersburg, FL · Cert 27186

FDIC

Q2 2001

$52.8MAssets
$35.5MLoans
$46.0MDeposits
$5.0MEquity
Deposit mix
83%Interest-bearing $38.0M17%Noninterest $8.0MQ2 2000Q2 2001

NIM

7.78%Q1 ’017.50%Q2 ’01-5%

Non-interest income vs. expense

4.20%Q1 ’014.06%Q2 ’01-4%

Executive Summary

  • Earnings: ROA of 0.62%, down 4 bps year over year; NIM at 4.12%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 77.14% of deposits as of Q2 2001.

Financial Results

Return on Assets (YTD, annualized)

0.62%-4 bps YoY

Net Interest Margin (YTD, annualized)

4.12%

Efficiency Ratio (YTD, annualized)

80.63%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2000Q3 2000Q4 2000Q1 2001Q2 2001YoY ΔTrend
Earnings
Return on Assets0.66%0.67%0.79%0.67%0.62%-4 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/a4.34%4.12%n/a
Efficiency Ration/an/an/a79.62%80.63%n/a
Non-Interest Burdenn/an/an/a3.27%3.14%n/a
Growth
Asset Growth (YoY)14.07%4.75%-1.82%1.20%-1.62%-1,570 bps
Loan Growth (YoY)19.18%5.67%0.85%7.18%1.72%-1,746 bps
Deposit Growth (YoY)14.16%5.55%-0.29%-1.86%-4.74%-1,890 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/a0.62%0.32%n/a
Allowance / Loansn/an/an/a1.72%1.78%n/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/an/a13.08%13.98%n/a
Equity / Assetsn/an/an/a9.23%9.44%n/a
Liquidity & Funding
Loans / Deposits72.24%75.46%78.38%79.00%77.14%+490 bps
Liquid Assets / Assets0.00%0.00%0.00%4.99%11.52%+1,152 bps
CRE / Total Capitaln/an/an/an/an/an/an/a