Zephyrhills, FL · Cert 32699
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Zephyrhills, FL · Cert 32699
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.11% | -0.45% | -0.88% | -1.62% | -2.13% | 0.05%1 | -0.26% | -0.52% | +110 bps | |
| Return on Equity | 0.90% | -3.73% | -7.35% | -13.43% | -17.90% | 0.44% | -2.38% | -4.79% | +864 bps | |
| Net Interest Margin | 3.10% | 2.68% | 2.82% | 3.09% | 3.00% | 3.07% | 2.91% | 2.87% | -22 bps | |
| Efficiency Ratio | 79.85% | 92.97% | 104.20% | 99.95% | 109.78% | 88.36% | 90.55% | 98.04% | -190 bps | |
| Non-Interest Burden | 2.49% | 2.56% | 3.05% | 3.20% | 3.78% | 2.66% | 2.59% | 2.81% | -39 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.25% | -3.11% | -0.73% | -1.72% | 4.32% | -2.73% | 1.65% | 6.22% | +794 bps | |
| Loan Growth (YoY) | -4.44% | -4.14% | -2.60% | -12.32% | -13.61% | -11.72% | -14.85% | -16.75% | -442 bps | |
| Deposit Growth (YoY) | -8.76% | -0.64% | -6.85% | 2.83% | 14.30% | 3.00% | 19.11% | 12.32% | +949 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 | 0.53% | 0.81% | 0.51% | 3.74% | 3.38% | 1.70% | 1.71% | 2.42% | -131 bps | |
| Allowance / Loans | 1.58% | 1.76% | 2.26% | 2.02% | 2.81% | 2.97% | 3.20% | 3.29% | +127 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 | 13.34% | 13.21% | 13.24% | 13.99% | 13.95% | 14.17% | 14.01% | 14.45% | +46 bps | |
| Equity / Assets | 12.63% | 11.57% | 11.68% | 12.57% | 11.19% | 10.91% | 10.85% | 10.51% | -206 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.71% | 79.27% | 92.67% | 79.05% | 71.58% | 67.95% | 66.26% | 58.59% | -2,046 bps | |
| Liquid Assets / Assets | 0.02% | 0.01% | 0.01% | 0.00% | 5.63% | 7.73% | 5.99% | 4.12% | +412 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |