Stuart, FL · Cert 35092
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Stuart, FL · Cert 35092
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.57% | 0.48% | 0.60% | 0.78% | 0.42% | 0.73% | 0.81% | 0.73% | -5 bps | |
| Return on Equity | 5.03% | 4.19% | 5.18% | 6.73% | 3.48% | 6.05% | 6.72% | 6.14% | -58 bps | |
| Net Interest Margin | 3.45% | 3.47% | 3.50% | 3.43% | 3.23% | 3.10% | 3.12% | 3.16% | -26 bps | |
| Efficiency Ratio | 52.99% | 57.71% | 56.35% | 57.21% | 63.80% | 56.90% | 57.10% | 66.70% | +949 bps | |
| Non-Interest Burden | 1.61% | 1.88% | 1.84% | 1.82% | 1.90% | 1.58% | 1.61% | 1.99% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.39% | -5.73% | -2.14% | 0.68% | 0.48% | 7.49% | 5.39% | -1.20% | -188 bps | |
| Loan Growth (YoY) | -6.11% | -5.00% | -2.48% | -1.43% | -0.70% | -1.15% | 1.35% | 4.66% | +609 bps | |
| Deposit Growth (YoY) | -1.79% | -0.06% | 4.66% | 8.21% | 1.36% | 7.77% | 4.69% | -1.11% | -932 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 | 0.34% | 0.20% | 0.63% | 0.63% | 3.56% | 1.81% | 1.50% | 1.04% | +41 bps | |
| Allowance / Loans | 4.86% | 4.99% | 4.89% | 4.38% | 3.72% | 3.65% | 3.36% | 3.18% | -119 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 | 17.31% | 16.88% | 17.50% | 18.11% | 18.23% | 18.34% | 18.50% | 16.60% | -150 bps | |
| Equity / Assets | 11.46% | 11.72% | 11.89% | 11.95% | 12.19% | 11.82% | 12.19% | 11.31% | -64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.15% | 82.62% | 81.49% | 75.82% | 77.54% | 75.79% | 78.89% | 80.24% | +442 bps | |
| Liquid Assets / Assets | 18.21% | 14.00% | 15.95% | 20.59% | 18.90% | 21.29% | 18.00% | 14.33% | -626 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |