PackageTrendsPeer
Letter portraitLegal landscape

Bank of Commerce, The

Sarasota, FL · Cert 35451

FDIC · 3 branches

Q4 2016

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: Q4 2016, the quarter ended December 31, 2016, 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 2026-10-11

Bank of Commerce, The

Sarasota, FL · Cert 35451

FDIC · 3 branches

Q4 2016

$182.6MAssets
$128.3MLoans
$142.2MDeposits
$4.4MEquity
Loan mix
85%RE $70.0M14%C&I $11.4M1%Consumer $0.5MQ4 2015Q4 2016
Deposit mix
81%Interest-bearing $115.3M19%Noninterest $26.9MQ4 2015Q4 2016

NIM

3.70%Q4 ’143.65%Q4 ’153.71%Q4 ’16+2%-3%

Non-interest income vs. expense

3.40%Q4 ’143.70%Q4 ’154.07%Q4 ’16+17%+10%

Market Position · North Port-Sarasota-Bradenton, FL · 2016 SOD (annual) · 0.9% share · #23 of 40 inst. · $0.2B of $19.3B

1.1% Sarasota
0.4% Manatee

Executive Summary

  • Earnings: ROA of -0.09%, up 36 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.57%.
  • Capital: tier 1 leverage ratio of 2.98%, up 26 bps from a year ago.
  • Funding: loans stand at 90.24% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.09%+36 bps YoY

Net Interest Margin (YTD, annualized)

2.83%-9 bps YoY

Efficiency Ratio (YTD, annualized)

129.22%+1,329 bps YoY

Tier 1 Leverage Ratio

2.98%+26 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets-0.45%0.05%10.96%0.60%-0.09%+36 bps
Return on Equity-16.00%2.05%34.50%20.13%-3.18%+1,282 bps
Net Interest Margin2.91%2.61%2.55%2.65%2.83%-9 bps
Efficiency Ratio115.93%110.31%118.36%113.69%129.22%+1,329 bps
Non-Interest Burden3.42%2.91%3.08%3.06%3.75%+33 bps
Growth
Asset Growth (YoY)-1.45%-3.16%-1.02%-7.23%-12.84%-1,139 bps
Loan Growth (YoY)-3.03%-6.76%-5.57%-6.35%-9.48%-645 bps
Deposit Growth (YoY)-0.91%-3.18%-2.41%-9.75%-15.69%-1,477 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.13%-3.23%-1.22%-0.83%-0.57%-70 bps
Allowance / Loans1.90%2.82%1.67%1.71%1.69%-21 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio2.72%2.74%3.26%3.29%2.98%+26 bps
Total Risk-Based Capital6.50%7.01%7.65%7.85%6.62%+12 bps
Equity / Assets2.37%2.65%3.36%3.58%2.41%+4 bps
Liquidity & Funding
Loans / Deposits84.05%78.92%81.78%86.88%90.24%+618 bps
Liquid Assets / Assets4.54%15.10%13.92%11.06%8.96%+442 bps
CRE / Total Capitaln/an/an/an/an/an/an/a