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First Bank of Miami

Coral Gables, FL · Cert 34182

FDIC · 5 branches

Q2 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2014, the quarter ended June 30, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Bank of Miami

Coral Gables, FL · Cert 34182

FDIC · 5 branches

Q2 2014

$192.8MAssets
$93.4MLoans
$175.4MDeposits
$16.7MEquity
Loan mix
91%RE $59.2M8%C&I $5.2M1%Consumer $0.6MQ2 2013Q2 2014
Deposit mix
70%Interest-bearing $123.3M30%Noninterest $52.2MQ2 2013Q2 2014

NIM

3.41%Q2 ’123.23%Q2 ’132.99%Q2 ’14-5%-9%

Non-interest income vs. expense

4.12%Q2 ’124.81%Q2 ’134.71%Q2 ’14+25%-1%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2014 SOD (annual) · 0.1% share · #71 of 106 inst. · $0.2B of $187.0B

Executive Summary

  • Earnings: ROA of -1.24%, down 72 bps year over year; NIM at 2.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 53.23% of deposits as of Q2 2014.

Financial Results

Return on Assets (YTD, annualized)

-1.24%-72 bps YoY

Net Interest Margin (YTD, annualized)

2.74%-27 bps YoY

Efficiency Ratio (YTD, annualized)

136.80%+985 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets-0.52%-0.80%-0.85%-0.93%-1.24%-72 bps
Return on Equity-5.82%-9.10%-9.70%-10.56%-14.14%-832 bps
Net Interest Margin3.01%2.92%2.84%2.93%2.74%-27 bps
Efficiency Ratio126.94%131.29%133.96%126.23%136.80%+985 bps
Non-Interest Burden4.03%4.08%4.07%3.87%4.01%-2 bps
Growth
Asset Growth (YoY)-13.66%-9.28%-1.06%-7.61%-7.71%+595 bps
Loan Growth (YoY)-13.34%-17.59%-12.68%-15.43%-14.23%-89 bps
Deposit Growth (YoY)-13.02%-7.89%-0.41%-7.63%-7.91%+511 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.07%-0.05%0.01%0.11%0.06%+13 bps
Allowance / Loans1.55%1.65%1.44%1.45%1.52%-3 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 Capital14.49%14.85%15.94%15.82%16.02%+153 bps
Equity / Assets8.55%8.73%8.66%8.98%8.65%+10 bps
Liquidity & Funding
Loans / Deposits57.16%57.08%54.03%56.16%53.23%-392 bps
Liquid Assets / Assets20.46%19.79%26.69%25.80%28.83%+837 bps
CRE / Total Capitaln/an/an/an/an/an/an/a