Sarasota, FL · Cert 35012
FDIC
Q2 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2005, the quarter ended June 30, 2005, 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.
Sarasota, FL · Cert 35012
FDIC
Q2 2005
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 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.42% | 0.45% | 0.00% | 0.13% | 0.28% | 0.40% | 0.16% | 0.32% | +19 bps | |
| Return on Equity | 2.76% | 2.78% | 0.00% | 0.69% | 1.52% | 2.21% | 0.97% | 1.96% | +128 bps | |
| Net Interest Margin | 2.22% | 2.44% | 3.17% | 3.13% | 3.06% | 3.09% | 3.59% | 3.56% | +43 bps | |
| Efficiency Ratio | 64.98% | 63.12% | 83.44% | 80.86% | 75.41% | 70.34% | 80.34% | 72.94% | -793 bps | |
| Non-Interest Burden | 1.47% | 1.57% | 2.69% | 2.57% | 2.34% | 2.20% | 2.90% | 2.61% | +4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 46.45% | 42.68% | 26.40% | 11.26% | 12.25% | 29.03% | 33.28% | 25.17% | +1,391 bps | |
| Loan Growth (YoY) | 55.97% | 36.64% | 33.21% | 15.95% | 11.95% | 38.82% | 43.99% | 38.05% | +2,210 bps | |
| Deposit Growth (YoY) | 28.07% | 26.19% | 11.22% | 14.15% | 10.65% | 10.89% | 21.88% | -3.27% | -1,741 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.29% | 1.48% | 1.65% | 1.64% | 1.56% | 1.34% | 1.42% | 1.53% | -11 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 | 10.04% | 10.50% | 10.50% | 10.21% | 10.57% | 10.20% | 10.04% | 10.17% | -4 bps | |
| Equity / Assets | 18.60% | 19.21% | 19.28% | 18.17% | 17.72% | 16.68% | 16.15% | 16.46% | -171 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.70% | 95.70% | 95.72% | 91.89% | 97.83% | 119.80% | 113.08% | 131.13% | +3,925 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |