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American Bank

Bradenton, FL · Cert 27501

FDIC

Q2 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

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.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

American Bank

Bradenton, FL · Cert 27501

FDIC

Q2 2004

$910.4MAssets
$624.3MLoans
$659.4MDeposits
$62.4MEquity
Loan mix
57%RE $82.9M42%C&I $61.9M1%Consumer $1.0MQ2 2003Q2 2004
Deposit mix
85%Interest-bearing $561.2M15%Noninterest $98.2MQ2 2003Q2 2004

NIM

6.01%Q2 ’024.98%Q2 ’034.63%Q2 ’04-9%+5%

Non-interest income vs. expense

2.25%Q2 ’022.57%Q2 ’032.31%Q2 ’04+45%-15%

Executive Summary

  • Earnings: ROA of 0.87%, up 23 bps year over year; NIM at 2.91%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 94.68% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

0.87%+23 bps YoY

Net Interest Margin (YTD, annualized)

2.91%+14 bps YoY

Efficiency Ratio (YTD, annualized)

61.16%-930 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets0.64%0.65%0.68%0.75%0.87%+23 bps
Return on Equity8.85%9.09%9.59%10.71%12.50%+365 bps
Net Interest Margin2.77%2.71%2.82%3.06%2.91%+14 bps
Efficiency Ratio70.46%69.51%67.82%64.01%61.16%-930 bps
Non-Interest Burden1.70%1.62%1.64%1.68%1.45%-25 bps
Growth
Asset Growth (YoY)26.20%21.89%23.97%19.85%14.90%-1,130 bps
Loan Growth (YoY)24.54%24.37%26.13%21.75%19.80%-474 bps
Deposit Growth (YoY)20.80%14.94%20.37%26.13%17.33%-348 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.11%0.11%0.17%0.15%0.13%+1 bps
Allowance / Loans1.00%1.00%0.98%0.99%0.98%-2 bps
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 Capital10.31%10.24%10.04%10.22%10.25%-6 bps
Equity / Assets7.10%7.04%6.96%6.96%6.86%-24 bps
Liquidity & Funding
Loans / Deposits92.72%97.74%96.18%91.54%94.68%+196 bps
Liquid Assets / Assets5.27%5.26%4.35%4.39%10.04%+478 bps
CRE / Total Capitaln/an/an/an/an/an/an/a