PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Osceola County

Kissimmee, FL · Cert 27581

FDIC

Q3 2010

$294.4MAssets
$188.8MLoans
$250.9MDeposits
$27.7MEquity
Loan mix
87%RE $119.4M12%C&I $16.8M0%Consumer $0.4MQ4 2008Q3 2010
Deposit mix
87%Interest-bearing $218.2M13%Noninterest $32.6MQ4 2008Q3 2010

Executive Summary

  • Earnings: ROA of -0.16%, up 11 bps year over year; NIM at 3.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.45%.
  • Funding: loans stand at 75.26% of deposits as of Q3 2010.

Return on Assets (quarter, annualized)

-0.16%+11 bps YoY

Net Interest Margin (quarter, annualized)

3.45%+13 bps YoY

Efficiency Ratio (quarter, annualized)

77.67%+923 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.79%Q3 ’085.06%Q3 ’094.62%Q3 ’10-3%+4%

Non-interest income vs. expense

2.72%Q3 ’082.51%Q3 ’093.25%Q3 ’10+1%+16%

Discrete quarter, annualized.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets-0.25%0.25%-0.54%-0.27%-1.45%0.08%1-0.01%-0.16%+11 bps
Return on Equity-2.85%2.85%-6.44%-3.07%-15.52%0.87%-0.16%-1.74%+133 bps
Net Interest Margin3.14%3.05%3.00%3.32%3.41%3.37%3.34%3.45%+13 bps
Efficiency Ratio71.05%78.55%74.55%68.44%72.63%69.51%73.57%77.67%+923 bps
Non-Interest Burden2.06%2.33%2.09%2.16%2.40%2.19%2.29%2.52%+36 bps
Growth
Asset Growth (YoY)11.46%11.89%19.12%12.11%7.94%7.50%-0.69%-2.54%-1,465 bps
Loan Growth (YoY)13.93%12.60%7.00%4.67%4.31%5.66%5.74%-10.63%-1,530 bps
Deposit Growth (YoY)12.02%10.86%27.58%23.11%11.39%10.83%-3.20%-5.12%-2,823 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.76%1.65%0.96%0.46%2.44%0.91%3.61%1.45%+99 bps
Allowance / Loans1.82%1.58%1.91%2.39%2.97%3.18%2.76%3.14%+75 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital12.21%12.29%11.86%13.18%12.65%12.69%12.66%13.59%+41 bps
Equity / Assets8.77%8.80%8.10%9.54%9.19%9.19%9.36%9.40%-14 bps
Liquidity & Funding
Loans / Deposits87.35%83.36%74.81%79.90%81.80%79.47%81.72%75.26%-464 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%1.24%1.70%+170 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a