PackageTrendsPeer
Letter portraitLegal landscape

Centerbank of Jacksonville, N.A.

Jacksonville, FL · Cert 35542

FDIC

Q3 2011

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 2011, the quarter ended September 30, 2011, 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

Centerbank of Jacksonville, N.A.

Jacksonville, FL · Cert 35542

FDIC

Q3 2011

$133.0MAssets
$114.1MLoans
$125.0MDeposits
$7.5MEquity
Loan mix
73%RE $73.2M26%C&I $25.9M2%Consumer $1.8MQ3 2010Q3 2011
Deposit mix
86%Interest-bearing $107.3M14%Noninterest $17.7MQ3 2010Q3 2011

NIM

4.00%Q3 ’093.84%Q3 ’103.90%Q3 ’11+16%+7%

Non-interest income vs. expense

3.87%Q3 ’093.40%Q3 ’103.82%Q3 ’11-8%+83%

Executive Summary

  • Earnings: ROA of -12.90%, down 644 bps year over year; NIM at 2.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 9.31%.
  • Funding: loans stand at 91.35% of deposits as of Q3 2011.

Financial Results

Return on Assets (YTD, annualized)

-12.90%-644 bps YoY

Net Interest Margin (YTD, annualized)

2.47%+17 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-6.46%-5.77%-10.55%-9.79%-12.90%-644 bps
Return on Equity-55.81%-52.52%-120.46%-109.92%-156.94%-10,113 bps
Net Interest Margin2.30%2.38%1.85%2.30%2.47%+17 bps
Efficiency Ratio154.40%147.37%209%154.66%n/an/a
Non-Interest Burden3.50%3.50%3.79%3.60%6.40%+290 bps
Growth
Asset Growth (YoY)-8.64%-5.97%-5.53%-12.32%-19.50%-1,086 bps
Loan Growth (YoY)-10.48%-5.65%-5.71%-6.86%-11.99%-151 bps
Deposit Growth (YoY)-4.60%-1.22%-0.48%-11.30%-15.54%-1,094 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.77%2.26%6.73%6.47%9.31%+755 bps
Allowance / Loans2.99%2.99%2.90%4.30%4.31%+132 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 Capital12.20%11.07%13.06%13.05%7.86%-434 bps
Equity / Assets9.89%8.50%9.03%9.22%5.63%-427 bps
Liquidity & Funding
Loans / Deposits87.66%82.31%82.03%85.89%91.35%+368 bps
Liquid Assets / Assets8.00%13.17%14.05%12.75%5.74%-226 bps
CRE / Total Capitaln/an/an/an/an/an/an/a