Marathon, FL · Cert 33996
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Marathon, FL · Cert 33996
FDIC
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.94% | 0.82% | 0.74% | 0.63% | 0.34% | -1.88% | -0.64% | -0.50% | -113 bps | |
| Return on Equity | 10.37% | 8.62% | 7.48% | 6.30% | 3.38% | -18.60% | -6.32% | -4.95% | -1,126 bps | |
| Net Interest Margin | 3.90% | 3.75% | 3.82% | 3.68% | 3.55% | 3.33% | 3.41% | 3.37% | -30 bps | |
| Efficiency Ratio | 65.14% | 68.90% | 72.95% | 75.83% | 76.20% | 89.49% | 83.24% | 85.25% | +942 bps | |
| Non-Interest Burden | 2.43% | 2.39% | 2.59% | 2.64% | 2.57% | 2.94% | 2.78% | 2.82% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.31% | 22.79% | 14.11% | 10.62% | 7.47% | 4.21% | 5.35% | 4.87% | -575 bps | |
| Loan Growth (YoY) | 17.20% | 17.97% | 15.90% | 9.28% | 11.83% | 11.19% | 4.15% | 1.21% | -807 bps | |
| Deposit Growth (YoY) | 24.66% | 21.43% | 5.12% | 3.93% | -4.25% | -6.82% | 3.31% | 11.03% | +710 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 | 0.00% | 0.02% | 0.01% | 0.01% | 0.07% | 0.37% | 1.22% | 1.09% | +108 bps | |
| Allowance / Loans | 1.15% | 1.13% | 1.13% | 1.13% | 1.58% | 2.46% | 2.03% | 2.10% | +97 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 | 10.74% | 10.43% | 11.51% | 11.64% | 11.45% | 11.33% | 11.78% | 11.80% | +15 bps | |
| Equity / Assets | 9.42% | 9.63% | 10.48% | 10.43% | 10.18% | 9.99% | 10.18% | 9.96% | -47 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.49% | 97.01% | 109.59% | 112.94% | 117.37% | 115.76% | 110.48% | 102.95% | -999 bps | |
| Liquid Assets / Assets | 0.03% | 0.07% | 0.07% | 0.17% | 0.28% | 0.23% | 0.52% | 1.09% | +92 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |