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Gulfstream Business Bank

Stuart, FL · Cert 35092

FDIC

Q4 2013

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2013, the quarter ended December 31, 2013, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Gulfstream Business Bank

Stuart, FL · Cert 35092

FDIC

Q4 2013

$543.0MAssets
$376.3MLoans
$468.9MDeposits
$61.4MEquity
Loan mix
68%RE $210.2M32%C&I $98.4M0%Consumer $1.4MQ4 2012Q4 2013
Deposit mix
64%Interest-bearing $298.3M36%Noninterest $170.7MQ4 2012Q4 2013

NIM

4.67%Q4 ’113.97%Q4 ’123.53%Q4 ’13-8%-8%

Non-interest income vs. expense

1.96%Q4 ’112.14%Q4 ’122.35%Q4 ’13+10%+9%

Executive Summary

  • Earnings: ROA of 0.73%, down 5 bps year over year; NIM at 3.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.04%.
  • Funding: loans stand at 80.24% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

0.73%-5 bps YoY

Net Interest Margin (YTD, annualized)

3.16%-26 bps YoY

Efficiency Ratio (YTD, annualized)

66.70%+949 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.78%0.42%0.73%0.81%0.73%-5 bps
Return on Equity6.73%3.48%6.05%6.72%6.14%-58 bps
Net Interest Margin3.43%3.23%3.10%3.12%3.16%-26 bps
Efficiency Ratio57.21%63.80%56.90%57.10%66.70%+949 bps
Non-Interest Burden1.82%1.90%1.58%1.61%1.99%+17 bps
Growth
Asset Growth (YoY)0.68%0.48%7.49%5.39%-1.20%-188 bps
Loan Growth (YoY)-1.43%-0.70%-1.15%1.35%4.66%+609 bps
Deposit Growth (YoY)8.21%1.36%7.77%4.69%-1.11%-932 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.63%3.56%1.81%1.50%1.04%+41 bps
Allowance / Loans4.38%3.72%3.65%3.36%3.18%-119 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital18.11%18.23%18.34%18.50%16.60%-150 bps
Equity / Assets11.95%12.19%11.82%12.19%11.31%-64 bps
Liquidity & Funding
Loans / Deposits75.82%77.54%75.79%78.89%80.24%+442 bps
Liquid Assets / Assets20.59%18.90%21.29%18.00%14.33%-626 bps
CRE / Total Capitaln/an/an/an/an/an/an/a