Fort Myers, FL · Cert 57075
FDIC
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Fort Myers, FL · Cert 57075
FDIC
Q2 2004
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.25% | -0.14% | 0.23%1 | 0.20%1 | 0.28%1 | 0.39% | -0.95% | -0.58% | -78 bps | |
| Return on Equity | -1.67% | -0.97% | 2.16% | 1.96% | 2.82% | 3.98% | -10.97% | -6.64% | -860 bps | |
| Net Interest Margin | 3.28% | 2.98% | 3.95% | 3.70% | 3.74% | 3.86% | 4.05% | 3.93% | +23 bps | |
| Efficiency Ratio | 99.51% | 94.69% | 105.07% | 99.91% | 87.88% | 83.25% | 83.26% | 72.78% | -2,713 bps | |
| Non-Interest Burden | 3.26% | 2.80% | 4.18% | 3.70% | 3.20% | 3.10% | 3.28% | 2.70% | -99 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 73.84% | 65.91% | 62.60% | 56.37% | 46.35% | 29.53% | 24.12% | 6.71% | -4,966 bps | |
| Loan Growth (YoY) | 145.47% | 128.32% | 108.48% | 79.10% | 56.56% | 32.74% | 20.14% | -6.54% | -8,565 bps | |
| Deposit Growth (YoY) | 70.55% | 60.34% | 65.79% | 64.35% | 58.49% | 36.33% | 29.24% | 15.34% | -4,900 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.09% | +309 bps | |
| Allowance / Loans | 1.00% | 0.98% | 1.00% | 1.04% | 1.07% | 1.14% | 1.85% | 0.74% | -30 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 | 15.44% | 13.84% | 12.93% | 12.00% | 11.31% | 11.02% | 10.70% | 11.24% | -76 bps | |
| Equity / Assets | 13.27% | 11.31% | 10.33% | 9.52% | 9.14% | 8.90% | 8.36% | 8.80% | -72 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.62% | 101.39% | 97.95% | 93.56% | 91.50% | 98.71% | 91.06% | 75.81% | -1,776 bps | |
| Liquid Assets / Assets | 0.16% | 0.25% | 0.06% | 0.11% | 0.10% | 0.11% | 0.11% | 0.11% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |