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First Peoples Bank

Port Saint Lucie, FL · Cert 34870

FDIC

Q2 2011

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 2011, the quarter ended June 30, 2011, 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

First Peoples Bank

Port Saint Lucie, FL · Cert 34870

FDIC

Q2 2011

$225.0MAssets
$157.1MLoans
$207.6MDeposits
$1.3MEquity
Loan mix
88%RE $113.0M9%C&I $11.7M3%Consumer $4.0MQ2 2010Q2 2011
Deposit mix
90%Interest-bearing $186.8M10%Noninterest $20.9MQ2 2010Q2 2011

NIM

4.94%Q2 ’094.69%Q2 ’104.67%Q2 ’11+24%+9%

Non-interest income vs. expense

3.98%Q2 ’093.89%Q2 ’104.43%Q2 ’11-2%+50%

Executive Summary

  • Earnings: ROA of -5.19%, down 225 bps year over year; NIM at 3.24%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.86%.
  • Funding: loans stand at 75.69% of deposits as of Q2 2011.

Financial Results

Return on Assets (YTD, annualized)

-5.19%-225 bps YoY

Net Interest Margin (YTD, annualized)

3.24%+26 bps YoY

Efficiency Ratio (YTD, annualized)

178.05%+6,452 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2010Q3 2010Q4 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets-2.94%-2.67%-3.09%-7.29%-5.19%-225 bps
Return on Equity-58.93%-55.99%-70.02%-368%-342%-28,321 bps
Net Interest Margin2.99%3.13%3.25%3.23%3.24%+26 bps
Efficiency Ratio113.53%120.39%132.44%205%178.05%+6,452 bps
Non-Interest Burden3.45%3.77%4.26%5.50%5.18%+173 bps
Growth
Asset Growth (YoY)-0.68%-9.92%-6.36%-11.08%-13.58%-1,290 bps
Loan Growth (YoY)-4.14%-9.99%-11.79%-14.73%-13.35%-921 bps
Deposit Growth (YoY)1.27%-8.53%-3.71%-7.35%-10.60%-1,187 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.39%3.16%3.36%4.67%2.86%-53 bps
Allowance / Loans2.65%3.04%2.88%3.64%4.23%+158 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 Capital7.41%7.05%5.57%3.09%1.63%-578 bps
Equity / Assets4.48%4.05%2.85%1.09%0.57%-390 bps
Liquidity & Funding
Loans / Deposits78.09%80.62%79.52%76.72%75.69%-240 bps
Liquid Assets / Assets11.50%7.52%5.34%6.43%8.32%-318 bps
CRE / Total Capitaln/an/an/an/an/an/an/a