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Bank of St. Augustine

Saint Augustine, FL · Cert 34413

FDIC

Q2 2013

$164.3MAssets
$125.1MLoans
$141.2MDeposits
$14.3MEquity
Loan mix
93%RE $95.9M6%C&I $6.4M1%Consumer $0.8MQ3 2011Q2 2013
Deposit mix
77%Interest-bearing $108.9M23%Noninterest $32.3MQ3 2011Q2 2013

Executive Summary

  • Earnings: ROA of 0.09%, up 8 bps year over year; NIM at 3.40%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.52%.
  • Funding: loans stand at 88.60% of deposits as of Q2 2013.

Return on Assets (quarter, annualized)

0.09%+8 bps YoY

Net Interest Margin (quarter, annualized)

3.40%+15 bps YoY

Efficiency Ratio (quarter, annualized)

89.89%+875 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

3.71%Q1 ’123.96%Q2 ’123.87%Q2 ’13+11%+5%

Non-interest income vs. expense

2.89%Q1 ’122.94%Q2 ’123.46%Q2 ’13-1%+18%

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.15%-0.22%0.71%0.02%10.14%1-0.48%0.12%0.09%+8 bps
Return on Equityn/an/an/a0.21%1.74%-5.64%1.39%1.06%+85 bps
Net Interest Marginn/an/a2.94%3.25%3.23%3.26%3.21%3.40%+15 bps
Efficiency Ration/an/a89.14%81.14%82.46%88.87%87.11%89.89%+875 bps
Non-Interest Burdenn/an/a2.59%2.56%2.60%2.86%2.74%3.01%+45 bps
Growth
Asset Growth (YoY)4.91%2.93%2.41%-1.92%-12.45%-9.98%-9.71%-7.84%-591 bps
Loan Growth (YoY)-3.86%-1.22%1.69%-0.19%-0.55%-2.87%-4.76%-6.67%-648 bps
Deposit Growth (YoY)7.17%4.26%3.52%-1.60%-12.21%-10.38%-8.89%-6.50%-490 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a2.88%1.12%0.57%1.77%-0.01%0.52%-60 bps
Allowance / Loansn/an/a1.96%1.98%2.02%2.00%2.14%2.17%+20 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capitaln/an/a10.90%11.31%12.14%12.21%12.78%13.10%+179 bps
Equity / Assetsn/an/a7.26%7.62%8.43%8.50%8.62%8.71%+109 bps
Liquidity & Funding
Loans / Deposits82.88%85.22%85.84%88.77%93.89%92.36%89.73%88.60%-17 bps
Liquid Assets / Assets0.00%0.00%8.14%7.26%4.69%5.35%6.81%7.33%+7 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a