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Advantage Bank

North Palm Beach, FL · Cert 35408

FDIC · 21 branches

Q3 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2014, the quarter ended September 30, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Advantage Bank

North Palm Beach, FL · Cert 35408

FDIC · 21 branches

Q3 2014

$1.7BAssets
$1.2BLoans
$1.4BDeposits
$226.2MEquity
Loan mix
77%RE $537.3M22%C&I $152.2M2%Consumer $11.4MQ3 2013Q3 2014
Deposit mix
60%Interest-bearing $839.7M40%Noninterest $549.7MQ3 2013Q3 2014

NIM

4.60%Q3 ’124.43%Q3 ’134.46%Q3 ’14-1%+1%

Non-interest income vs. expense

3.24%Q3 ’123.06%Q3 ’132.98%Q3 ’14+1%-9%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2014 SOD (annual) · 0.6% share · #21 of 106 inst. · $1.2B of $187.0B

1.3% Palm Beach
0.5% Miami-Dade
0.4% Broward
0.3% Pinellas

Executive Summary

  • Earnings: ROA of 0.59%, up 20 bps year over year; NIM at 4.27%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
  • Funding: loans stand at 84.88% of deposits as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

0.59%+20 bps YoY

Net Interest Margin (YTD, annualized)

4.27%+5 bps YoY

Efficiency Ratio (YTD, annualized)

71.97%-788 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets0.38%0.45%0.63%0.57%0.59%+20 bps
Return on Equity2.84%3.44%5.26%4.62%4.64%+179 bps
Net Interest Margin4.22%4.32%4.30%4.30%4.27%+5 bps
Efficiency Ratio79.85%76.99%71.39%71.81%71.97%-788 bps
Non-Interest Burden3.50%3.48%3.19%3.19%3.17%-33 bps
Growth
Asset Growth (YoY)11.47%17.92%11.58%10.15%-2.02%-1,349 bps
Loan Growth (YoY)20.71%24.27%25.14%22.37%5.34%-1,537 bps
Deposit Growth (YoY)8.56%18.79%9.80%7.63%-1.76%-1,032 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.31%0.32%-0.01%0.09%0.17%-14 bps
Allowance / Loans0.88%0.85%0.87%0.88%0.80%-8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital14.29%14.27%14.10%14.50%14.39%+11 bps
Equity / Assets12.48%11.57%12.54%13.20%13.47%+99 bps
Liquidity & Funding
Loans / Deposits79.16%72.38%80.08%81.02%84.88%+572 bps
Liquid Assets / Assets1.12%8.29%1.76%1.32%4.41%+329 bps
CRE / Total Capitaln/an/an/an/an/an/an/a