Valrico, FL · Cert 27536
FDIC
Q1 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2012, the quarter ended March 31, 2012, 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.
Valrico, FL · Cert 27536
FDIC
Q1 2012
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 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.84% | 0.68% | 0.51% | -1.44% | -0.68% | -0.35% | -0.28% | 0.85% | +228 bps | |
| Return on Equity | 4.02% | 3.24% | 2.39% | -6.50% | -3.06% | -1.58% | -1.24% | 3.84% | +1,034 bps | |
| Net Interest Margin | 3.61% | 3.65% | 3.70% | 2.91% | 3.19% | 3.22% | 3.26% | 3.18% | +27 bps | |
| Efficiency Ratio | 62.05% | 65.81% | 64.26% | 110.77% | 98.42% | 92.46% | 90.25% | 64.44% | -4,634 bps | |
| Non-Interest Burden | 1.85% | 2.08% | 2.01% | 3.39% | 3.24% | 3.03% | 2.97% | 1.88% | -152 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.20% | -2.87% | -2.68% | -6.73% | -9.42% | -4.61% | -5.25% | 2.55% | +929 bps | |
| Loan Growth (YoY) | -2.05% | -7.48% | -6.42% | -2.87% | -8.03% | -10.16% | -10.86% | -15.33% | -1,246 bps | |
| Deposit Growth (YoY) | 4.07% | -2.26% | -1.47% | -2.93% | -6.44% | -1.41% | 1.27% | 6.81% | +974 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 | 0.32% | 0.53% | 0.82% | 0.64% | 3.46% | 3.61% | 3.20% | 0.14% | -50 bps | |
| Allowance / Loans | 2.87% | 2.96% | 3.73% | 4.29% | 3.19% | 2.60% | 2.42% | 2.49% | -180 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 | 17.07% | 17.49% | 15.16% | 17.31% | 18.20% | 19.25% | 17.87% | 18.89% | +159 bps | |
| Equity / Assets | 20.73% | 21.71% | 21.81% | 22.47% | 22.49% | 22.47% | 22.32% | 21.79% | -68 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.90% | 82.48% | 83.86% | 85.60% | 79.52% | 75.16% | 73.82% | 67.86% | -1,775 bps | |
| Liquid Assets / Assets | 1.57% | 1.42% | 4.17% | 1.46% | 1.95% | 2.15% | 1.36% | 1.71% | +25 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |