Tampa, FL · Cert 34899
FDIC · 6 branches
Q3 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2022, the quarter ended September 30, 2022, 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.
Tampa, FL · Cert 34899
FDIC · 6 branches
Q3 2022
Market Position · Tampa-St. Petersburg-Clearwater, FL · 2022 SOD (annual) · 0.5% share · #21 of 54 inst. · $0.6B of $130.7B
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 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.03% | 1.27% | 1.32% | 1.32% | 1.18% | 0.94% | 0.79% | 0.87% | -45 bps | |
| Return on Equity | 11.95% | 15.48% | 16.28% | 16.44% | 14.71% | 11.67% | 9.81% | 10.72% | -573 bps | |
| Net Interest Margin | 3.20% | 3.89% | 3.62% | 3.47% | 3.38% | 3.13% | 3.00% | 3.24% | -23 bps | |
| Efficiency Ratio | 61.13% | 55.81% | 53.93% | 54.40% | 57.63% | 65.66% | 69.65% | 68.20% | +1,380 bps | |
| Non-Interest Burden | 1.81% | 2.03% | 1.74% | 1.65% | 1.75% | 1.82% | 1.94% | 2.07% | +42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 26.37% | 40.40% | 14.89% | 18.97% | 24.79% | 12.37% | 10.41% | 2.85% | -1,613 bps | |
| Loan Growth (YoY) | 29.77% | 40.87% | 3.86% | -3.54% | -7.62% | -16.70% | -13.21% | -4.52% | -97 bps | |
| Deposit Growth (YoY) | 37.48% | 43.75% | 20.86% | 30.53% | 25.35% | 12.66% | 10.62% | 1.77% | -2,875 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.30% | 0.21% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.10% | 0.00% | 0.00% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | -2 bps | |
| Allowance / Loans | 0.67% | 0.65% | 0.77% | 0.88% | 1.00% | 1.03% | 1.06% | 1.05% | +17 bps | |
| Allowance Coverage of NPLs | 2.2x | 3.0x | 4.6x | n/a | n/a | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.41% | 8.44% | 8.12% | 7.97% | 8.02% | 8.21% | 8.04% | 8.25% | +28 bps | |
| Total Risk-Based Capital | 8.41% | 8.44% | 8.12% | 13.78% | 13.98% | 13.93% | 13.99% | 13.96% | +18 bps | |
| Equity / Assets | 8.71% | 7.80% | 7.91% | 7.74% | 8.09% | 7.98% | 8.04% | 8.36% | +62 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.92% | 85.71% | 78.78% | 68.62% | 66.27% | 63.37% | 61.81% | 64.38% | -424 bps | |
| Liquid Assets / Assets | 14.24% | 18.23% | 24.43% | 33.70% | 36.08% | 38.53% | 40.06% | 38.08% | +438 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |