Lake Mary, FL · Cert 34994
FDIC
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Lake Mary, FL · Cert 34994
FDIC
Q4 2003
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 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | 0.58% | 0.67% | 0.74% | 0.71% | 0.68% | 0.65% | 0.62% | -11 bps | |
| Return on Equity | 5.32% | 6.95% | 8.30% | 9.35% | 9.91% | 9.41% | 8.83% | 8.35% | -100 bps | |
| Net Interest Margin | 3.06% | 2.99% | 2.86% | 2.81% | 2.97% | 2.84% | 2.77% | 2.74% | -7 bps | |
| Efficiency Ratio | 66.97% | 59.52% | 57.41% | 56.72% | 55.47% | 55.88% | 56.49% | 56.21% | -52 bps | |
| Non-Interest Burden | 2.00% | 1.73% | 1.59% | 1.55% | 1.56% | 1.52% | 1.51% | 1.49% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 79.20% | 76.40% | 53.23% | 52.42% | 38.12% | 31.62% | 23.60% | 19.34% | -3,307 bps | |
| Loan Growth (YoY) | 111.25% | 85.76% | 56.58% | 42.22% | 32.05% | 17.35% | 20.02% | 17.43% | -2,479 bps | |
| Deposit Growth (YoY) | 89.65% | 83.70% | 56.40% | 54.81% | 40.81% | 32.44% | 23.33% | 19.16% | -3,565 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 | 0.02% | 0.01% | 0.01% | 0.00% | 0.01% | 0.14% | 0.21% | 0.17% | +17 bps | |
| Allowance / Loans | 1.10% | 1.09% | 1.15% | 1.13% | 1.22% | 1.17% | 1.08% | 1.26% | +13 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 | 12.66% | 11.20% | 11.24% | 10.55% | 10.87% | 11.79% | 11.95% | 12.00% | +145 bps | |
| Equity / Assets | 8.61% | 7.75% | 7.52% | 7.31% | 6.94% | 7.39% | 7.87% | 7.83% | +52 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.39% | 75.32% | 72.83% | 72.56% | 67.89% | 66.74% | 70.88% | 71.51% | -105 bps | |
| Liquid Assets / Assets | 4.97% | 4.36% | 4.17% | 8.68% | 8.09% | 11.24% | 6.95% | 6.80% | -188 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |