Naples, FL · Cert 35105
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 35105
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 | 0.87% | 1.09% | 1.15% | 0.51% | -0.59% | -4.65% | -4.36% | -13.48% | -1,399 bps | |
| Return on Equity | 5.95% | 6.36% | 6.31% | 2.23% | -2.58% | -20.59% | -19.67% | -63.23% | -6,546 bps | |
| Net Interest Margin | 2.22% | 2.78% | 2.94% | 3.52% | 3.40% | 2.98% | 2.66% | 1.13% | -239 bps | |
| Efficiency Ratio | 39.70% | 40.56% | 41.39% | 58.06% | 67.37% | 85.32% | 105.33% | 396% | +33,842 bps | |
| Non-Interest Burden | 0.86% | 1.10% | 1.19% | 2.00% | 2.29% | 2.55% | 2.98% | 3.89% | +189 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 25.24% | 19.49% | 28.94% | 21.65% | 4.28% | -2.64% | -4.68% | -9.16% | -3,081 bps | |
| Loan Growth (YoY) | 13.65% | 5.29% | 2.31% | 0.55% | 2.55% | -4.32% | -7.84% | -17.92% | -1,847 bps | |
| Deposit Growth (YoY) | 11.31% | 2.21% | 12.61% | 5.02% | -1.50% | -5.81% | -2.58% | -8.58% | -1,360 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% | 0.01% | 0.01% | 0.00% | 0.04% | 7.17% | 7.81% | 24.35% | +2,435 bps | |
| Allowance / Loans | 1.14% | 1.15% | 1.13% | 1.31% | 2.37% | 3.90% | 2.81% | 3.87% | +256 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 | 10.83% | 11.19% | 11.11% | 11.14% | 11.97% | 10.35% | 10.26% | 11.53% | +40 bps | |
| Equity / Assets | 21.05% | 23.68% | 22.47% | 22.88% | 22.94% | 21.95% | 20.49% | 22.20% | -67 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.70% | 105.40% | 97.72% | 103.09% | 110.05% | 107.06% | 92.44% | 92.56% | -1,053 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 |