PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Palm Beach County Bank

Boynton Beach, FL · Cert 35211

FDIC

Q3 2005

$373.3MAssets
$298.3MLoans
$286.2MDeposits
$26.7MEquity
Deposit mix
86%Interest-bearing $247.4M14%Noninterest $38.8MQ4 2003Q3 2005

Executive Summary

  • Earnings: ROA of 1.77%, up 58 bps year over year; NIM at 3.76%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 104.21% of deposits as of Q3 2005.

Return on Assets (YTD, annualized)

1.77%+58 bps YoY

Net Interest Margin (YTD, annualized)

3.76%+14 bps YoY

Efficiency Ratio (YTD, annualized)

50.87%-1,565 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.66%Q3 ’035.07%Q3 ’045.76%Q3 ’05-9%+4%

Non-interest income vs. expense

2.77%Q3 ’032.57%Q3 ’041.96%Q3 ’05-10%-20%

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets1.37%1.12%1.17%1.19%1.23%1.57%1.72%1.77%+58 bps
Return on Equity16.10%14.67%16.11%16.82%17.12%20.97%23.29%24.13%+731 bps
Net Interest Margin3.79%4.01%3.89%3.62%3.35%3.85%3.83%3.76%+14 bps
Efficiency Ratio66.46%70.10%67.84%66.52%64.97%54.86%52.66%50.87%-1,565 bps
Non-Interest Burden2.46%2.74%2.56%2.33%2.11%2.07%1.97%1.87%-46 bps
Growth
Asset Growth (YoY)41.30%42.35%44.14%51.22%57.61%44.92%48.11%39.72%-1,149 bps
Loan Growth (YoY)47.58%43.91%50.12%55.04%49.64%50.49%45.76%42.53%-1,250 bps
Deposit Growth (YoY)35.78%33.91%40.64%47.33%56.83%40.37%42.07%36.86%-1,048 bps
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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.85%0.81%0.82%0.81%0.80%0.79%0.80%0.80%-1 bps
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 Capital12.32%11.14%10.60%10.39%12.44%11.60%10.87%10.25%-14 bps
Equity / Assets8.05%7.33%6.62%6.50%7.61%7.33%7.22%7.15%+65 bps
Liquidity & Funding
Loans / Deposits101.15%95.81%99.46%100.06%96.51%102.71%102.05%104.21%+415 bps
Liquid Assets / Assets0.80%1.91%0.61%1.42%4.63%1.04%2.74%0.46%-96 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a