North Miami Beach, FL · Cert 35051
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
North Miami Beach, FL · Cert 35051
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.31% | -0.04% | -0.92% | -1.20% | -1.75% | -2.02% | -0.94% | -0.65% | +55 bps | |
| Return on Equity | 3.92% | -0.41% | -10.62% | -13.65% | -20.22% | -25.67% | -12.15% | -8.53% | +512 bps | |
| Net Interest Margin | 3.54% | 4.15% | 4.03% | 4.08% | 4.45% | 3.92% | 3.96% | 3.94% | -13 bps | |
| Efficiency Ratio | 87.48% | 98.97% | 118.39% | 119.83% | 132.73% | 139.64% | 122.55% | 116.34% | -348 bps | |
| Non-Interest Burden | 2.95% | 4.10% | 4.83% | 4.94% | 6.00% | 5.56% | 4.90% | 4.62% | -32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.99% | 0.57% | 9.81% | -10.82% | -0.62% | 2.16% | -12.15% | 8.58% | +1,940 bps | |
| Loan Growth (YoY) | 45.69% | 21.86% | 3.26% | -14.72% | -8.51% | -7.90% | -2.27% | -2.90% | +1,182 bps | |
| Deposit Growth (YoY) | 6.24% | 5.07% | 27.09% | 4.67% | 13.15% | 3.70% | -9.24% | 14.07% | +939 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% | -0.03% | 0.17% | 0.13% | 0.08% | -0.01% | -0.03% | 0.10% | -3 bps | |
| Allowance / Loans | 0.94% | 1.04% | 1.13% | 1.36% | 1.33% | 1.56% | 1.50% | 1.41% | +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 | 12.91% | 15.76% | 14.83% | 15.28% | 13.35% | 13.06% | 13.50% | 13.26% | -202 bps | |
| Equity / Assets | 8.26% | 9.89% | 7.99% | 9.20% | 8.09% | 7.63% | 7.56% | 7.18% | -202 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.37% | 82.10% | 63.44% | 74.99% | 81.96% | 72.92% | 68.31% | 63.83% | -1,115 bps | |
| Liquid Assets / Assets | 21.67% | 22.24% | 24.26% | 28.47% | 27.71% | 22.75% | 20.47% | 19.37% | -910 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |