Naples, FL · Cert 35088
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, 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.
Naples, FL · Cert 35088
FDIC
Q1 2008
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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.60% | 1.62% | 1.56% | 1.18% | 1.00% | 0.94% | 0.75% | 0.47% | -71 bps | |
| Return on Equity | 19.87% | 19.85% | 19.08% | 14.39% | 12.05% | 11.23% | 8.92% | 5.41% | -898 bps | |
| Net Interest Margin | 4.03% | 3.93% | 3.79% | 3.52% | 3.52% | 3.53% | 3.51% | 1.42% | -210 bps | |
| Efficiency Ratio | 41.32% | 40.27% | 40.89% | 46.89% | 45.48% | 46.39% | 48.18% | 50.78% | +389 bps | |
| Non-Interest Burden | 1.39% | 1.32% | 1.30% | 1.46% | 1.39% | 1.43% | 1.50% | 0.67% | -79 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.08% | 7.11% | 11.31% | 14.17% | 6.58% | 1.00% | -5.34% | -6.81% | -2,099 bps | |
| Loan Growth (YoY) | 13.08% | 6.05% | 10.74% | 10.46% | 8.49% | 3.35% | 0.22% | -3.96% | -1,442 bps | |
| Deposit Growth (YoY) | 15.44% | 6.46% | 11.86% | 14.35% | -1.11% | 2.43% | -9.65% | -27.55% | -4,190 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% | 0.08% | 0.62% | 0.76% | 0.77% | 0.75% | +67 bps | |
| Allowance / Loans | 1.28% | 1.27% | 1.24% | 1.25% | 1.21% | 1.22% | 1.44% | 1.04% | -21 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 | 11.43% | 11.85% | 11.78% | 11.82% | 11.66% | 11.99% | 11.73% | 10.86% | -97 bps | |
| Equity / Assets | 8.22% | 8.46% | 8.22% | 8.16% | 8.41% | 8.69% | 8.65% | 8.75% | +59 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.47% | 109.05% | 103.62% | 102.31% | 114.61% | 110.03% | 114.93% | 135.63% | +3,332 bps | |
| Liquid Assets / Assets | 2.42% | 5.74% | 6.54% | 7.02% | 7.96% | 7.14% | 8.11% | 0.32% | -670 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |