Plant City, FL · Cert 34747
FDIC · 3 branches
Q3 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2021, the quarter ended September 30, 2021, 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.
Plant City, FL · Cert 34747
FDIC · 3 branches
Q3 2021
Market Position · Tampa-St. Petersburg-Clearwater, FL · 2021 SOD (annual) · 0.2% share · #34 of 56 inst. · $0.2B of $117.0B
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 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.56% | 1.25% | 1.10% | 1.04% | 1.02% | 0.68% | 0.61% | 0.01%1 | -103 bps | |
| Return on Equity | 11.42% | 9.22% | 8.47% | 8.08% | 8.00% | 5.74% | 5.52% | 0.07% | -801 bps | |
| Net Interest Margin | 3.59% | 3.36% | 2.82% | 2.65% | 2.69% | 2.50% | 2.15% | 1.94% | -71 bps | |
| Efficiency Ratio | 50.56% | 56.32% | 58.91% | 59.59% | 59.56% | 69.19% | 69.69% | 113.99% | +5,440 bps | |
| Non-Interest Burden | 1.71% | 1.82% | 1.61% | 1.53% | 1.55% | 1.69% | 1.47% | 2.20% | +66 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.62% | 6.30% | 20.80% | 15.81% | 24.03% | 31.11% | 28.79% | 26.67% | +1,086 bps | |
| Loan Growth (YoY) | -11.48% | -10.01% | -5.68% | 0.51% | 1.36% | 1.61% | -5.25% | -7.44% | -795 bps | |
| Deposit Growth (YoY) | 5.78% | 6.93% | 22.78% | 17.40% | 27.15% | 33.45% | 32.16% | 29.92% | +1,252 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | -1 bps | |
| Allowance / Loans | 1.26% | 1.31% | 1.32% | 1.30% | 1.25% | 1.29% | 1.39% | 1.40% | +11 bps | |
| Allowance Coverage of NPLs | 12.7x | n/a | n/a | n/a | n/a | n/a | 29.3x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.71% | 13.20% | 11.81% | 11.44% | 11.90% | 11.44% | 10.22% | 9.13% | -231 bps | |
| Total Risk-Based Capital | 25.18% | 24.82% | 23.47% | 23.86% | 23.27% | 23.37% | 22.72% | 28.09% | +424 bps | |
| Equity / Assets | 14.21% | 12.95% | 11.95% | 12.59% | 12.07% | 11.50% | 9.92% | 10.00% | -260 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.14% | 59.08% | 48.30% | 51.10% | 49.54% | 44.98% | 34.63% | 36.40% | -1,469 bps | |
| Liquid Assets / Assets | 20.03% | 17.77% | 29.80% | 25.26% | 28.57% | 32.25% | 44.81% | 46.32% | +2,107 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |