Orlando, FL · Cert 34828
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Orlando, FL · Cert 34828
FDIC
Q2 2004
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.66% | 0.71% | 0.95% | 0.98% | 1.19% | 1.20% | 1.02% | 1.09% | +11 bps | |
| Return on Equity | 10.12% | 10.81% | 13.91% | 14.85% | 17.98% | 18.03% | 15.58% | 16.63% | +178 bps | |
| Net Interest Margin | 3.39% | 3.37% | 3.63% | 3.49% | 3.32% | 3.23% | 3.40% | 3.27% | -22 bps | |
| Efficiency Ratio | 64.55% | 64.18% | 55.17% | 52.91% | 51.50% | 50.89% | 49.30% | 48.10% | -481 bps | |
| Non-Interest Burden | 2.07% | 2.04% | 1.83% | 1.68% | 1.55% | 1.49% | 1.56% | 1.46% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 24.56% | 18.13% | 7.70% | 12.95% | 74.95% | 71.41% | 91.62% | 60.73% | +4,777 bps | |
| Loan Growth (YoY) | 19.57% | 9.68% | 6.08% | 11.42% | 81.63% | 76.55% | 82.35% | 66.31% | +5,489 bps | |
| Deposit Growth (YoY) | 25.98% | 18.47% | 6.95% | -5.43% | 59.51% | 56.15% | 79.34% | 77.98% | +8,342 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.21% | 0.17% | 0.26% | 0.17% | 0.13% | 0.07% | 0.13% | -14 bps | |
| Allowance / Loans | 1.45% | 1.27% | 1.27% | 1.26% | 1.21% | 1.20% | 1.21% | 1.21% | -5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 8.92% | 8.60% | 8.63% | 9.26% | 10.01% | 10.41% | 10.13% | 10.77% | +152 bps | |
| Equity / Assets | 6.88% | 6.81% | 6.91% | 6.22% | 6.60% | 6.70% | 6.46% | 6.60% | +37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.55% | 82.76% | 84.15% | 94.16% | 92.86% | 93.57% | 85.56% | 87.99% | -618 bps | |
| Liquid Assets / Assets | 4.78% | 2.30% | 0.99% | 0.95% | 0.77% | 0.67% | 0.53% | 0.66% | -28 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |