Jacksonville Beach, FL · Cert 34284
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 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.
Jacksonville Beach, FL · Cert 34284
FDIC
Q3 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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.64% | 0.14% | 0.07% | -0.93% | -2.34% | -0.57% | -0.03% | 0.02% | +95 bps | |
| Return on Equity | -7.93% | 1.93% | 1.06% | -14.17% | -38.34% | -13.02% | -0.57% | 0.38% | +1,455 bps | |
| Net Interest Margin | 2.70% | 2.69% | 2.46% | 2.17% | 2.31% | 2.93% | 3.12% | 3.22% | +105 bps | |
| Efficiency Ratio | 90.15% | 88.43% | 95.67% | 101.92% | 102.12% | 80.51% | 83.09% | 78.56% | -2,335 bps | |
| Non-Interest Burden | 2.39% | 2.34% | 2.34% | 2.22% | 2.36% | 2.31% | 2.55% | 2.47% | +25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.13% | 5.28% | 14.58% | 23.98% | 11.09% | 3.00% | -9.35% | -21.03% | -4,501 bps | |
| Loan Growth (YoY) | 1.45% | 5.58% | 2.08% | -2.62% | -2.94% | -5.31% | -8.09% | -7.82% | -520 bps | |
| Deposit Growth (YoY) | 10.28% | 8.38% | 22.53% | 40.71% | 12.56% | 7.11% | -8.34% | -20.33% | -6,104 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 | 1.25% | 0.33% | 0.20% | 2.36% | 1.86% | 1.53% | 2.61% | 2.06% | -31 bps | |
| Allowance / Loans | 1.93% | 1.96% | 2.00% | 2.00% | 3.25% | 3.39% | 2.61% | 2.79% | +79 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 | 10.25% | 10.48% | 10.47% | 8.49% | 7.68% | 7.74% | 8.20% | 8.39% | -10 bps | |
| Equity / Assets | 7.43% | 7.16% | 6.50% | 5.42% | 4.30% | 4.38% | 4.86% | 5.24% | -18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.31% | 85.95% | 77.42% | 69.31% | 74.43% | 75.99% | 77.64% | 80.19% | +1,088 bps | |
| Liquid Assets / Assets | 5.86% | 12.35% | 18.79% | 18.15% | 14.29% | 15.31% | 14.49% | 12.59% | -556 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |