Sarasota, FL · Cert 33644
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.
Sarasota, FL · Cert 33644
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 | 0.57% | 1.00% | 1.20% | 1.22% | 1.22% | 1.20% | 1.36% | 1.13% | -9 bps | |
| Return on Equity | n/a | 13.97% | 16.84% | 16.93% | 16.68% | 15.85% | 17.96% | 15.43% | -151 bps | |
| Net Interest Margin | 3.73% | 4.20% | 4.23% | 4.07% | 3.97% | 3.97% | 3.81% | 3.78% | -29 bps | |
| Efficiency Ratio | 59.24% | 51.37% | 48.16% | 46.49% | 44.77% | 46.85% | 45.79% | 44.65% | -184 bps | |
| Non-Interest Burden | 2.16% | 2.03% | 1.89% | 1.76% | 1.64% | 1.74% | 1.63% | 1.57% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.23% | 6.69% | 17.11% | 22.00% | 20.94% | 26.20% | 17.67% | 21.41% | -59 bps | |
| Loan Growth (YoY) | 4.19% | 3.50% | 10.92% | 13.65% | 17.42% | 22.82% | 23.96% | 20.94% | +729 bps | |
| Deposit Growth (YoY) | 7.42% | 6.15% | 15.46% | 19.39% | 17.49% | 19.72% | 13.42% | 19.28% | -11 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 | 0.83% | 0.84% | 0.60% | 0.41% | 0.38% | 0.11% | 0.18% | 0.22% | -19 bps | |
| Allowance / Loans | 1.29% | 1.20% | 1.14% | 1.23% | 1.46% | 1.42% | 1.38% | 1.51% | +28 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 | 11.05% | 10.91% | 10.55% | 11.01% | 11.23% | 10.97% | 10.73% | 10.57% | -44 bps | |
| Equity / Assets | 7.20% | 7.13% | 7.08% | 7.37% | 7.75% | 7.42% | 7.50% | 6.82% | -55 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.73% | 89.37% | 88.76% | 85.59% | 88.68% | 91.68% | 97.01% | 86.77% | +118 bps | |
| Liquid Assets / Assets | 0.08% | 0.08% | 0.00% | 0.00% | 0.13% | 0.12% | 0.12% | 0.11% | +11 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |