Port Charlotte, FL · Cert 34642
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Port Charlotte, FL · Cert 34642
FDIC
Q2 2009
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.38% | -0.40% | -0.35% | -0.73% | -0.69% | -8.26% | 0.10% | -2.41% | -168 bps | |
| Return on Equity | 2.54% | -2.59% | -2.13% | -4.36% | -4.07% | -52.35% | 0.86% | -20.03% | -1,567 bps | |
| Net Interest Margin | 2.79% | 2.68% | 2.51% | 2.59% | 2.57% | 2.52% | 1.99% | 1.75% | -83 bps | |
| Efficiency Ratio | 74.29% | 76.73% | 82.39% | 74.51% | 74.10% | 75.93% | 76.09% | 80.66% | +615 bps | |
| Non-Interest Burden | 1.96% | 1.89% | 1.77% | 1.38% | 1.32% | 6.59% | 0.92% | 0.98% | -40 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.74% | 4.73% | 5.94% | 3.48% | -5.62% | -8.64% | -11.43% | -8.74% | -1,222 bps | |
| Loan Growth (YoY) | 7.04% | 3.75% | 6.03% | -0.73% | -6.88% | -8.47% | -11.14% | -9.76% | -903 bps | |
| Deposit Growth (YoY) | 3.60% | 0.26% | -1.08% | -4.86% | -11.89% | 1.25% | -3.38% | 2.25% | +711 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 | 0.25% | 1.13% | 1.09% | 2.22% | 2.33% | 4.56% | 2.28% | 6.15% | +394 bps | |
| Allowance / Loans | 1.19% | 1.75% | 1.81% | 2.07% | 2.14% | 5.24% | 4.97% | 5.09% | +301 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 | 14.64% | 13.87% | 13.37% | 14.14% | 14.13% | 11.84% | 14.48% | 14.30% | +16 bps | |
| Equity / Assets | 16.73% | 16.72% | 16.41% | 17.25% | 17.46% | 10.70% | 12.79% | 12.59% | -466 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.40% | 104.36% | 105.81% | 108.15% | 110.35% | 94.34% | 97.31% | 95.45% | -1,271 bps | |
| Liquid Assets / Assets | 0.78% | 0.73% | 0.62% | 0.80% | 1.18% | 1.24% | 1.56% | 1.69% | +89 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |