Fort Lauderdale, FL · Cert 27193
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Fort Lauderdale, FL · Cert 27193
FDIC
Q2 2004
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 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.90% | -0.02% | 0.02%1 | 0.53% | 0.50% | 0.57% | 0.72% | 0.37% | -16 bps | |
| Return on Equity | -8.99% | -0.19% | 0.16% | 4.40% | 4.11% | 4.74% | 5.87% | 3.05% | -135 bps | |
| Net Interest Margin | 4.11% | 1.01% | 4.59% | 4.49% | 4.64% | 4.41% | 4.12% | 3.91% | -58 bps | |
| Efficiency Ratio | 99.74% | 97.89% | 77.05% | 77.11% | 78.59% | 76.64% | 85.03% | 76.75% | -36 bps | |
| Non-Interest Burden | 4.18% | 1.03% | 3.51% | 3.40% | 3.62% | 3.36% | 3.59% | 3.05% | -34 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.72% | 31.24% | 18.86% | 8.59% | 10.58% | 12.77% | 1.09% | 5.15% | -344 bps | |
| Loan Growth (YoY) | 17.20% | 16.05% | 31.35% | 20.23% | 14.29% | 21.77% | -4.11% | -10.55% | -3,079 bps | |
| Deposit Growth (YoY) | 25.15% | 40.60% | 13.34% | -0.03% | -1.44% | -7.87% | -3.79% | 2.28% | +231 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% | 0.31% | -0.21% | 0.95% | 0.63% | 0.43% | 0.06% | -0.02% | -97 bps | |
| Allowance / Loans | 2.37% | 2.09% | 1.99% | 1.53% | 1.56% | 1.49% | 1.32% | 1.52% | 0 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 | 10.41% | 10.44% | 9.74% | 10.33% | 10.99% | 10.67% | 11.75% | 12.39% | +206 bps | |
| Equity / Assets | 9.14% | 11.79% | 11.84% | 12.39% | 12.58% | 11.93% | 12.45% | 12.25% | -13 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.07% | 85.45% | 101.33% | 98.72% | 102.13% | 112.94% | 101.00% | 86.33% | -1,239 bps | |
| Liquid Assets / Assets | 0.23% | 0.79% | 0.17% | 0.10% | 0.11% | 0.03% | 0.04% | 0.01% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |