Tallahassee, FL · Cert 57211
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Tallahassee, FL · Cert 57211
FDIC
Q4 2008
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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.55% | 0.25% | 0.30% | 0.18% | 0.21% | 0.17% | 0.06% | -11.45% | -1,163 bps | |
| Return on Equity | 5.17% | 1.66% | 1.76% | 1.01% | 0.95% | 0.79% | 0.29% | -58.72% | -5,973 bps | |
| Net Interest Margin | 3.36% | 1.26% | 2.08% | 2.52% | 3.36% | 3.28% | 3.37% | 3.38% | +85 bps | |
| Efficiency Ratio | 80.90% | 67.37% | 73.32% | 80.08% | 82.35% | 82.77% | 82.13% | 88.08% | +799 bps | |
| Non-Interest Burden | 2.66% | 0.87% | 1.66% | 2.19% | 3.01% | 2.95% | 3.00% | 12.79% | +1,060 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.92% | -13.80% | 19.95% | 11.10% | 19.24% | 7.70% | 6.76% | -3.07% | -1,417 bps | |
| Loan Growth (YoY) | 32.34% | 15.09% | 11.23% | 9.36% | 9.22% | 14.44% | 15.23% | 13.22% | +387 bps | |
| Deposit Growth (YoY) | 17.27% | -29.50% | 6.98% | -3.00% | 5.19% | 9.63% | 5.70% | 6.69% | +969 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.40% | +40 bps | |
| Allowance / Loans | 1.00% | 1.21% | 1.18% | 1.15% | 1.16% | 1.16% | 1.33% | 4.01% | +286 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 | 13.82% | 15.19% | 15.48% | 14.59% | 14.39% | 14.71% | 14.63% | 12.31% | -228 bps | |
| Equity / Assets | 10.92% | 22.98% | 22.30% | 22.06% | 21.22% | 21.65% | 21.05% | 11.06% | -1,100 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.44% | 98.90% | 97.00% | 99.51% | 95.99% | 103.24% | 105.74% | 105.60% | +609 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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 |