PackageTrendsPeer
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Bank of St. Croix

Christiansted, VI · Cert 33990

FDIC · 2 branches

Q4 2016

$144.5MAssets
$46.1MLoans
$129.9MDeposits
$14.5MEquity
Loan mix
91%RE $36.5M8%C&I $3.2M1%Consumer $0.3MQ4 2015Q4 2016
Deposit mix
48%Interest-bearing $61.8M52%Noninterest $68.1MQ4 2015Q4 2016

NIM

3.12%Q4 ’143.28%Q4 ’152.72%Q4 ’16+5%-18%

Non-interest income vs. expense

3.12%Q4 ’143.18%Q4 ’152.53%Q4 ’16-5%-27%

Executive Summary

  • Earnings: ROA of 0.64%, up 34 bps year over year; NIM at 2.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 9.97%, down 18 bps from a year ago.
  • Funding: loans stand at 35.46% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

0.64%+34 bps YoY

Net Interest Margin (YTD, annualized)

2.54%-55 bps YoY

Efficiency Ratio (YTD, annualized)

82.57%-812 bps YoY

Tier 1 Leverage Ratio

9.97%-18 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.29%0.77%0.76%0.60%0.64%+34 bps
Return on Equity2.61%7.31%7.31%5.69%6.07%+346 bps
Net Interest Margin3.09%2.83%2.50%2.66%2.54%-55 bps
Efficiency Ratio90.70%82.55%82.80%85.22%82.57%-812 bps
Non-Interest Burden2.77%2.25%1.98%2.19%2.01%-76 bps
Growth
Asset Growth (YoY)0.17%8.10%18.77%8.06%13.11%+1,295 bps
Loan Growth (YoY)-8.87%-7.44%-6.63%-2.85%2.37%+1,124 bps
Deposit Growth (YoY)0.20%8.95%22.13%9.89%14.51%+1,431 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.41%-0.01%-0.01%-0.01%-0.01%-42 bps
Allowance / Loans1.49%1.50%1.58%1.53%1.46%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.15%9.63%9.06%10.03%9.97%-18 bps
Total Risk-Based Capital28.10%29.83%33.08%32.68%33.12%+502 bps
Equity / Assets11.01%10.07%10.31%11.09%10.01%-101 bps
Liquidity & Funding
Loans / Deposits39.66%33.46%32.10%36.59%35.46%-421 bps
Liquid Assets / Assets6.17%24.68%35.75%29.13%36.45%+3,028 bps
CRE / Total Capitaln/an/an/an/an/an/an/a