Alachua, FL · Cert 3550
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Alachua, FL · Cert 3550
FDIC
Q1 2005
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.30% | 1.36% | 1.30% | 1.06% | 1.05% | 1.07% | 1.12% | 0.82% | -24 bps | |
| Return on Equity | 13.21% | 13.75% | 13.08% | 10.38% | 10.19% | 10.26% | 10.69% | 7.43% | -295 bps | |
| Net Interest Margin | 4.15% | 3.94% | 3.90% | 3.76% | 3.69% | 3.65% | 3.64% | 3.78% | +2 bps | |
| Efficiency Ratio | 54.22% | 53.25% | 54.41% | 63.51% | 62.55% | 61.60% | 59.38% | 69.38% | +587 bps | |
| Non-Interest Burden | 1.82% | 1.65% | 1.70% | 2.11% | 2.05% | 1.99% | 1.90% | 2.49% | +38 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.90% | 9.28% | 11.36% | 6.98% | 6.32% | 2.38% | 2.61% | 2.12% | -486 bps | |
| Loan Growth (YoY) | 4.13% | -3.41% | -10.12% | -7.96% | -10.58% | -7.09% | -4.92% | -1.13% | +682 bps | |
| Deposit Growth (YoY) | 7.21% | 8.86% | 11.32% | 6.59% | 5.81% | 1.55% | 1.64% | 1.19% | -540 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 | 0.01% | 0.28% | 0.22% | -0.08% | -0.02% | 0.03% | 0.01% | 0.02% | +10 bps | |
| Allowance / Loans | 1.48% | 1.47% | 1.52% | 1.55% | 1.58% | 1.59% | 1.58% | 1.53% | -2 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.13% | 14.99% | 15.76% | 16.56% | 16.89% | 17.47% | 18.02% | 18.14% | +158 bps | |
| Equity / Assets | 9.80% | 9.92% | 10.11% | 10.40% | 10.35% | 10.76% | 10.96% | 11.24% | +84 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.00% | 64.42% | 62.80% | 62.80% | 59.16% | 58.93% | 58.75% | 61.35% | -144 bps | |
| Liquid Assets / Assets | 11.64% | 10.75% | 10.89% | 15.24% | 17.02% | 17.68% | 16.49% | 15.86% | +62 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |