Lake City, FL · Cert 34702
FDIC · 2 branches
Q4 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2018, the quarter ended December 31, 2018, 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.
Lake City, FL · Cert 34702
FDIC · 2 branches
Q4 2018
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 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 0.54% | 0.49% | 0.40% | 0.13% | 0.44% | 0.54% | 0.76% | +37 bps | |
| Return on Equity | 6.95% | 6.07% | 5.49% | 4.43% | 1.51% | 4.98% | 6.08% | 8.55% | +412 bps | |
| Net Interest Margin | 3.40% | 3.55% | 3.54% | 3.64% | 3.79% | 3.83% | 3.80% | 3.86% | +22 bps | |
| Efficiency Ratio | 84.17% | 84.30% | 85.32% | 85.29% | 96.15% | 87.47% | 84.81% | 82.12% | -317 bps | |
| Non-Interest Burden | 2.70% | 2.82% | 2.86% | 2.95% | 3.62% | 3.26% | 3.10% | 3.03% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.14% | 6.11% | 5.13% | 5.73% | 0.40% | 3.92% | 3.25% | 4.01% | -172 bps | |
| Loan Growth (YoY) | 11.61% | 9.36% | 15.38% | 15.00% | 19.40% | 25.00% | 14.62% | 12.58% | -242 bps | |
| Deposit Growth (YoY) | 8.02% | 6.00% | 4.92% | 4.80% | -0.53% | 1.21% | -1.68% | -2.96% | -776 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.62% | 0.82% | 0.94% | 0.90% | 0.67% | 0.80% | 0.49% | 1.15% | +25 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.31% | 0.20% | 0.15% | -0.02% | -0.01% | -0.01% | -0.05% | -20 bps | |
| Allowance / Loans | 1.51% | 1.37% | 1.23% | 1.20% | 1.12% | 1.09% | 1.08% | 0.92% | -27 bps | |
| Allowance Coverage of NPLs | 2.4x | 1.7x | 1.3x | 1.3x | 1.7x | 1.4x | 2.2x | 0.8x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.44% | 8.83% | 8.91% | 8.92% | 8.94% | 8.97% | 9.00% | 9.22% | +29 bps | |
| Total Risk-Based Capital | 12.39% | 12.38% | 11.93% | 11.68% | 11.30% | 11.44% | 11.45% | 11.39% | -29 bps | |
| Equity / Assets | 8.68% | 8.89% | 8.94% | 8.99% | 8.76% | 8.68% | 8.89% | 9.18% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.65% | 78.64% | 87.02% | 90.72% | 94.41% | 97.13% | 101.45% | 105.25% | +1,453 bps | |
| Liquid Assets / Assets | 14.64% | 15.38% | 7.18% | 5.14% | 2.64% | 2.65% | 1.44% | 1.42% | -372 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |