PackageTrendsPeer
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Grand Bank of Florida

West Palm Beach, FL · Cert 34776

FDIC · 3 branches

Q2 2015

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 2015, the quarter ended June 30, 2015, 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

Grand Bank of Florida

West Palm Beach, FL · Cert 34776

FDIC · 3 branches

Q2 2015

$218.6MAssets
$112.7MLoans
$193.9MDeposits
$22.2MEquity
Loan mix
80%RE $69.1M17%C&I $15.1M2%Consumer $2.0MQ2 2014Q2 2015
Deposit mix
72%Interest-bearing $139.0M28%Noninterest $54.9MQ2 2014Q2 2015

NIM

3.74%Q2 ’133.54%Q2 ’143.25%Q2 ’15+1%-8%

Non-interest income vs. expense

3.87%Q2 ’133.74%Q2 ’143.27%Q2 ’15+20%-12%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2015 SOD (annual) · 0.1% share · #71 of 105 inst. · $0.2B of $207.5B

Executive Summary

  • Earnings: ROA of 1.54%, up 92 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 1.00%.
  • Capital: tier 1 leverage ratio of 10.50%.
  • Funding: loans stand at 58.10% of deposits as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

1.54%+92 bps YoY

Net Interest Margin (YTD, annualized)

2.94%-26 bps YoY

Efficiency Ratio (YTD, annualized)

103.31%-398 bps YoY

Tier 1 Leverage Ratio

10.50%

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets0.62%0.62%0.50%2.14%1.54%+92 bps
Return on Equity6.57%6.48%5.17%20.74%15.04%+846 bps
Net Interest Margin3.20%3.55%3.51%3.10%2.94%-26 bps
Efficiency Ratio107.29%99.10%98.47%103.10%103.31%-398 bps
Non-Interest Burden3.45%3.52%3.45%3.20%3.04%-41 bps
Growth
Asset Growth (YoY)-5.11%-4.87%-3.74%-4.83%3.17%+828 bps
Loan Growth (YoY)-16.82%-10.18%-4.99%-8.20%-13.41%+341 bps
Deposit Growth (YoY)-5.63%-4.99%-4.14%-5.58%3.17%+879 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.27%-0.23%-0.09%-1.00%-100 bps
Allowance / Loans2.60%2.85%2.89%2.22%2.35%-25 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/a10.71%10.50%n/a
Total Risk-Based Capital14.81%15.31%15.40%16.30%17.43%+262 bps
Equity / Assets9.78%10.10%10.14%10.45%10.15%+37 bps
Liquidity & Funding
Loans / Deposits69.22%69.19%68.80%64.58%58.10%-1,112 bps
Liquid Assets / Assets11.80%10.91%11.97%14.74%20.12%+832 bps
CRE / Total Capitaln/an/an/an/an/an/an/a