PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community National Bank of Pasco County

Zephyrhills, FL · Cert 32699

FDIC

Q3 2010

$372.3MAssets
$194.2MLoans
$331.5MDeposits
$39.1MEquity
Deposit mix
91%Interest-bearing $300.5M9%Noninterest $31.0MQ3 2009Q3 2010

NIM

5.98%Q3 ’085.05%Q3 ’094.21%Q3 ’10-1%-7%

Non-interest income vs. expense

2.81%Q3 ’083.63%Q3 ’093.37%Q3 ’10+36%-12%

Executive Summary

  • Earnings: ROA of -0.52%, up 110 bps year over year; NIM at 2.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.42%.
  • Funding: loans stand at 58.59% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

-0.52%+110 bps YoY

Net Interest Margin (YTD, annualized)

2.87%-22 bps YoY

Efficiency Ratio (YTD, annualized)

98.04%-190 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets-1.62%-2.13%0.05%1-0.26%-0.52%+110 bps
Return on Equity-13.43%-17.90%0.44%-2.38%-4.79%+864 bps
Net Interest Margin3.09%3.00%3.07%2.91%2.87%-22 bps
Efficiency Ratio99.95%109.78%88.36%90.55%98.04%-190 bps
Non-Interest Burden3.20%3.78%2.66%2.59%2.81%-39 bps
Growth
Asset Growth (YoY)-1.72%4.32%-2.73%1.65%6.22%+794 bps
Loan Growth (YoY)-12.32%-13.61%-11.72%-14.85%-16.75%-442 bps
Deposit Growth (YoY)2.83%14.30%3.00%19.11%12.32%+949 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.74%3.38%1.70%1.71%2.42%-131 bps
Allowance / Loans2.02%2.81%2.97%3.20%3.29%+127 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.99%13.95%14.17%14.01%14.45%+46 bps
Equity / Assets12.57%11.19%10.91%10.85%10.51%-206 bps
Liquidity & Funding
Loans / Deposits79.05%71.58%67.95%66.26%58.59%-2,046 bps
Liquid Assets / Assets0.00%5.63%7.73%5.99%4.12%+412 bps
CRE / Total Capitaln/an/an/an/an/an/an/a