Palm Harbor, FL · Cert 34172
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 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.
Palm Harbor, FL · Cert 34172
FDIC
Q1 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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.27% | -2.78% | -14.29% | -3.33% | -3.72% | -6.95% | -5.65% | -2.66% | +67 bps | |
| Return on Equity | -18.43% | -15.36% | -85.67% | -30.57% | -34.20% | -66.62% | -54.50% | -26.99% | +358 bps | |
| Net Interest Margin | 2.63% | 2.63% | 2.62% | 2.50% | 2.63% | 2.56% | 2.74% | 3.39% | +89 bps | |
| Efficiency Ratio | 134.10% | 125.01% | 130.56% | 114.93% | 125.30% | 126.70% | 123.24% | 98.90% | -1,603 bps | |
| Non-Interest Burden | 3.46% | 3.28% | 13.39% | 2.97% | 3.40% | 3.33% | 3.47% | 3.43% | +46 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 40.78% | 31.44% | 15.26% | 15.52% | -15.14% | -7.90% | -9.79% | -11.42% | -2,694 bps | |
| Loan Growth (YoY) | 42.20% | 34.88% | 28.32% | 24.77% | -8.68% | -14.59% | -15.48% | -18.10% | -4,286 bps | |
| Deposit Growth (YoY) | 55.72% | 52.17% | 38.33% | 28.62% | -10.30% | -0.31% | -12.75% | -14.08% | -4,271 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 | 4.32% | 3.87% | 4.31% | 4.83% | 5.99% | 11.10% | 9.79% | 2.21% | -262 bps | |
| Allowance / Loans | 2.07% | 2.27% | 2.20% | 2.40% | 2.44% | 2.27% | 2.51% | 2.89% | +49 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 | 10.36% | 10.45% | 11.45% | 11.55% | 11.64% | 11.88% | 12.26% | 12.09% | +55 bps | |
| Equity / Assets | 18.51% | 19.11% | 10.87% | 10.95% | 10.78% | 9.17% | 10.13% | 9.57% | -137 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.54% | 102.94% | 107.75% | 104.93% | 101.33% | 88.20% | 104.38% | 100.03% | -490 bps | |
| Liquid Assets / Assets | 0.01% | 0.02% | 0.02% | 0.04% | 0.39% | 1.20% | 3.74% | 0.01% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |