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Coquina Bank

Ormond Beach, FL · Cert 34675

FDIC

Q2 2004

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 2004, the quarter ended June 30, 2004, 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

Coquina Bank

Ormond Beach, FL · Cert 34675

FDIC

Q2 2004

$114.6MAssets
$90.4MLoans
$100.5MDeposits
$11.4MEquity
Loan mix
45%RE $21.3M55%C&I $25.6M0%Consumer $0.0MQ2 2003Q2 2004
Deposit mix
76%Interest-bearing $75.9M24%Noninterest $24.6MQ2 2003Q2 2004

NIM

5.96%Q2 ’025.51%Q2 ’035.00%Q2 ’04+5%-4%

Non-interest income vs. expense

2.56%Q2 ’022.45%Q2 ’032.19%Q2 ’04-8%-3%

Executive Summary

  • Earnings: ROA of 0.95%, down 44 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
  • Funding: loans stand at 89.93% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

0.95%-44 bps YoY

Net Interest Margin (YTD, annualized)

4.13%-19 bps YoY

Efficiency Ratio (YTD, annualized)

50.04%-129 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.39%1.37%1.38%1.23%0.95%-44 bps
Return on Equity13.17%12.90%12.84%11.73%9.20%-398 bps
Net Interest Margin4.32%4.31%4.23%4.36%4.13%-19 bps
Efficiency Ratio51.33%51.68%50.86%51.73%50.04%-129 bps
Non-Interest Burden2.00%2.02%1.96%2.11%1.94%-6 bps
Growth
Asset Growth (YoY)18.90%10.96%8.75%18.17%15.29%-361 bps
Loan Growth (YoY)19.54%17.12%15.77%24.80%23.41%+387 bps
Deposit Growth (YoY)18.48%17.46%16.65%20.98%15.64%-284 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%0.03%0.03%0.00%0.17%+12 bps
Allowance / Loans1.29%1.29%1.29%1.28%1.59%+30 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 Capital14.07%13.84%13.84%13.11%12.79%-128 bps
Equity / Assets10.57%10.88%11.03%10.01%9.95%-61 bps
Liquidity & Funding
Loans / Deposits84.27%90.81%93.94%93.40%89.93%+566 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a