Melbourne, FL · Cert 35304
FDIC · 1 branch
Q4 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2021, the quarter ended December 31, 2021, 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.
Melbourne, FL · Cert 35304
FDIC · 1 branch
Q4 2021
Market Position · Palm Bay-Melbourne-Titusville, FL · 2021 SOD (annual) · 1.4% share · #12 of 16 inst. · $0.2B of $12.1B
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 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.20% | 1.12% | 1.22% | 1.38% | 2.18% | 1.78% | 1.65% | 1.50% | +12 bps | |
| Return on Equity | 10.42% | 10.41% | 11.83% | 13.21% | 20.08% | 16.28% | 14.94% | 13.40% | +20 bps | |
| Net Interest Margin | 3.69% | 3.28% | 3.26% | 3.46% | 4.50% | 4.04% | 4.05% | 4.20% | +75 bps | |
| Efficiency Ratio | 59.25% | 54.64% | 52.37% | 50.23% | 44.07% | 47.83% | 49.47% | 54.97% | +474 bps | |
| Non-Interest Burden | 2.14% | 1.75% | 1.67% | 1.69% | 1.93% | 1.88% | 1.95% | 2.26% | +57 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.70% | 42.72% | 39.22% | 25.27% | 19.50% | -4.06% | -6.27% | 4.11% | -2,116 bps | |
| Loan Growth (YoY) | 19.73% | 52.74% | 44.29% | 28.60% | 23.26% | -11.27% | -8.41% | -13.88% | -4,248 bps | |
| Deposit Growth (YoY) | 18.37% | 50.16% | 46.08% | 26.93% | 20.06% | -5.62% | -8.38% | 3.46% | -2,347 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 | -0.09% | -0.05% | -0.06% | -0.07% | -0.25% | -0.16% | -0.12% | -0.15% | -9 bps | |
| Allowance / Loans | 1.19% | 1.05% | 1.22% | 1.31% | 1.36% | 1.46% | 1.44% | 1.67% | +36 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 | 11.67% | 9.81% | 9.68% | 10.14% | 11.18% | 11.22% | 11.80% | 11.89% | +175 bps | |
| Total Risk-Based Capital | 14.86% | 15.30% | 15.90% | 16.09% | 16.34% | 17.31% | 17.37% | 17.84% | +175 bps | |
| Equity / Assets | 11.26% | 9.44% | 9.32% | 10.98% | 10.70% | 11.15% | 11.38% | 11.73% | +75 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.05% | 87.19% | 82.39% | 89.25% | 86.30% | 81.97% | 82.36% | 74.30% | -1,496 bps | |
| Liquid Assets / Assets | 9.43% | 8.70% | 12.00% | 3.99% | 7.65% | 10.10% | 12.34% | 19.97% | +1,598 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |