Bradenton, FL · Cert 27501
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.
Bradenton, FL · Cert 27501
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 | 1.20% | 1.20% | 0.53% | 0.64% | 0.65% | 0.68% | 0.75% | 0.87% | +23 bps | |
| Return on Equity | 17.22% | 17.07% | 7.31% | 8.85% | 9.09% | 9.59% | 10.71% | 12.50% | +365 bps | |
| Net Interest Margin | 2.89% | 3.00% | 2.94% | 2.77% | 2.71% | 2.82% | 3.06% | 2.91% | +14 bps | |
| Efficiency Ratio | 54.40% | 57.73% | 71.47% | 70.46% | 69.51% | 67.82% | 64.01% | 61.16% | -930 bps | |
| Non-Interest Burden | 1.09% | 1.29% | 1.82% | 1.70% | 1.62% | 1.64% | 1.68% | 1.45% | -25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.49% | 21.51% | 19.70% | 26.20% | 21.89% | 23.97% | 19.85% | 14.90% | -1,130 bps | |
| Loan Growth (YoY) | 25.13% | 25.86% | 23.16% | 24.54% | 24.37% | 26.13% | 21.75% | 19.80% | -474 bps | |
| Deposit Growth (YoY) | 18.55% | 25.11% | 10.15% | 20.80% | 14.94% | 20.37% | 26.13% | 17.33% | -348 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 | 0.12% | 0.16% | 0.15% | 0.11% | 0.11% | 0.17% | 0.15% | 0.13% | +1 bps | |
| Allowance / Loans | 1.09% | 1.04% | 1.04% | 1.00% | 1.00% | 0.98% | 0.99% | 0.98% | -2 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 | 10.51% | 10.25% | 10.70% | 10.31% | 10.24% | 10.04% | 10.22% | 10.25% | -6 bps | |
| Equity / Assets | 7.17% | 7.24% | 7.23% | 7.10% | 7.04% | 6.96% | 6.96% | 6.86% | -24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.33% | 91.79% | 94.83% | 92.72% | 97.74% | 96.18% | 91.54% | 94.68% | +196 bps | |
| Liquid Assets / Assets | 4.13% | 7.71% | 6.00% | 5.27% | 5.26% | 4.35% | 4.39% | 10.04% | +478 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |