PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Banco Popular, National Association

Orlando, FL · Cert 35208

FDIC

Q3 2008

$76.3MAssets
$5.3MLoans
n/aDeposits
$45.1MEquity

Executive Summary

  • Earnings: ROA of 5.07%, down 66 bps year over year; NIM at 2.29%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.23%.

Return on Assets (YTD, annualized)

5.07%-66 bps YoY

Net Interest Margin (YTD, annualized)

2.29%+29 bps YoY

Efficiency Ratio (YTD, annualized)

70.21%+78 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

2.69%Q3 ’063.10%Q3 ’072.74%Q3 ’08+25%+14%

Non-interest income vs. expense

22.68%Q3 ’0622.50%Q3 ’0721.33%Q3 ’08+13%+16%

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets6.62%3.80%5.74%5.73%5.90%3.53%5.29%5.07%-66 bps
Return on Equity16.24%8.81%13.35%13.15%13.37%7.21%10.71%9.82%-334 bps
Net Interest Margin1.59%1.95%2.08%2.00%2.05%2.34%2.31%2.29%+29 bps
Efficiency Ratio65.92%76.25%69.77%69.43%68.41%78.21%69.88%70.21%+78 bps
Non-Interest Burden-8.86%-4.20%-7.08%-7.37%-7.65%-3.49%-6.55%-6.22%+115 bps
Growth
Asset Growth (YoY)-36.76%-29.47%-31.68%-30.54%-40.52%-0.15%-42.90%-46.70%-1,615 bps
Loan Growth (YoY)69.87%23.86%-1.27%-38.10%-39.16%-37.01%-45.45%-60.27%-2,217 bps
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.07%0.10%0.78%1.33%0.99%-0.07%0.24%0.23%-110 bps
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital93.61%103.82%103.39%113.03%121.51%136.15%141.82%169.90%+5,687 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a