PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Peninsula Bank of Central Florida

Daytona Beach, FL · Cert 34816

FDIC

Q2 2003

$137.7MAssets
$116.6MLoans
$124.6MDeposits
$11.1MEquity
Loan mix
22%RE $15.0M76%C&I $52.2M2%Consumer $1.6MQ2 2002Q2 2003
Deposit mix
87%Interest-bearing $107.8M13%Noninterest $16.8MQ2 2002Q2 2003

NIM

7.06%Q2 ’015.65%Q2 ’025.31%Q2 ’03+9%+4%

Non-interest income vs. expense

3.40%Q2 ’013.42%Q2 ’022.29%Q2 ’03+0%-38%

Executive Summary

  • Earnings: ROA of 0.81%, up 55 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 93.58% of deposits as of Q2 2003.

Financial Results

Return on Assets (YTD, annualized)

0.81%+55 bps YoY

Net Interest Margin (YTD, annualized)

3.62%+13 bps YoY

Efficiency Ratio (YTD, annualized)

57.09%-3,022 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets0.27%0.38%0.36%0.69%0.81%+55 bps
Return on Equity2.25%3.22%3.18%7.32%9.17%+692 bps
Net Interest Margin3.49%3.68%3.44%3.93%3.62%+13 bps
Efficiency Ratio87.31%80.64%79.16%60.03%57.09%-3,022 bps
Non-Interest Burden3.06%2.89%2.65%2.20%1.90%-116 bps
Growth
Asset Growth (YoY)24.01%24.28%29.67%40.46%54.80%+3,078 bps
Loan Growth (YoY)50.17%46.12%57.20%74.12%61.16%+1,099 bps
Deposit Growth (YoY)28.17%27.86%31.54%46.51%64.49%+3,632 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.05%0.00%0.00%0 bps
Allowance / Loans1.09%1.20%1.10%1.10%1.11%+2 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 Capital12.80%11.67%10.31%9.47%8.52%-428 bps
Equity / Assets11.60%11.37%10.31%8.63%8.04%-356 bps
Liquidity & Funding
Loans / Deposits95.51%91.35%98.19%91.90%93.58%-194 bps
Liquid Assets / Assets0.00%3.81%0.01%0.01%0.01%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a