Bankatlantic

Fort Lauderdale, FL · Cert 30559

FDIC

Q2 2012

$3.8BAssets

$2.3BLoans

$3.5BDeposits

$280.4MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -0.56%, down 123 bps year over year; NIM at 2.51%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.02%.
Funding: loans stand at 66.92% of deposits as of Q2 2012.

Return on Assets (YTD, annualized)

-0.56%-123 bps YoY

Net Interest Margin (YTD, annualized)

2.51%

Efficiency Ratio (YTD, annualized)

94.30%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2010	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	YoY Δ	Trend
Earnings
Return on Assets	-2.17%	-2.54%	-1.50%	0.66%	0.20%	-0.06%	-0.53%	-0.56%	-123 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	2.74%	2.51%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	91.06%	94.30%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.35%	2.28%	n/a
Growth
Asset Growth (YoY)	-8.14%	-6.01%	-5.62%	-16.91%	-17.35%	-18.38%	-13.64%	-0.62%	+1,630 bps
Loan Growth (YoY)	-15.68%	-17.20%	-17.88%	-20.96%	-20.67%	-18.59%	-16.35%	-16.48%	+448 bps
Deposit Growth (YoY)	-3.08%	-1.93%	-0.99%	-14.06%	-13.42%	-15.65%	-13.87%	0.33%	+1,439 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	n/a	n/a	n/a	n/a	n/a	n/a	13.54%	8.02%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	2.57%	2.58%	n/a
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	n/a	n/a	n/a	n/a	n/a	n/a	15.77%	16.28%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	7.48%	7.36%	n/a
Liquidity & Funding
Loans / Deposits	86.09%	79.87%	72.94%	80.39%	78.88%	77.09%	70.83%	66.92%	-1,347 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	26.35%	30.19%	+3,019 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a