Naples, FL · Cert 27542
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Naples, FL · Cert 27542
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.27% | 1.17% | 1.25% | 1.49% | 1.16% | 0.82% | 0.73% | 0.64% | -84 bps | |
| Return on Equity | n/a | 19.17% | 19.65% | 22.01% | 16.96% | 11.30% | 9.85% | 8.56% | -1,345 bps | |
| Net Interest Margin | 4.11% | 3.90% | 3.61% | 3.68% | 3.61% | 3.46% | 3.44% | 3.46% | -22 bps | |
| Efficiency Ratio | 58.18% | 58.36% | 57.24% | 56.97% | 61.09% | 69.10% | 67.59% | 67.69% | +1,072 bps | |
| Non-Interest Burden | 1.81% | 1.65% | 1.50% | 1.53% | 1.71% | 1.85% | 1.80% | 1.80% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.85% | 33.27% | 58.73% | 45.84% | 42.27% | 31.06% | 15.74% | 20.74% | -2,511 bps | |
| Loan Growth (YoY) | 18.42% | 25.70% | 29.66% | 28.53% | 45.96% | 39.93% | 44.09% | 38.72% | +1,019 bps | |
| Deposit Growth (YoY) | 33.19% | 40.25% | 53.03% | 53.05% | 38.37% | 30.08% | 26.22% | 19.48% | -3,357 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 | 0.22% | 0.25% | 0.25% | 0.36% | 0.41% | 0.29% | 0.34% | 0.74% | +38 bps | |
| Allowance / Loans | 1.50% | 1.49% | 1.50% | 1.50% | 1.50% | 1.50% | 1.76% | 1.75% | +25 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 | 10.22% | 9.81% | 11.81% | 11.88% | 10.15% | 10.79% | 11.81% | 11.03% | -85 bps | |
| Equity / Assets | 6.58% | 5.68% | 6.81% | 7.81% | 7.10% | 7.45% | 7.75% | 7.72% | -8 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 61.07% | 53.28% | 53.74% | 57.76% | 64.42% | 57.31% | 61.35% | 67.07% | +930 bps | |
| Liquid Assets / Assets | 0.02% | 0.06% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |