Boca Raton, FL · Cert 57356
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.
Boca Raton, FL · Cert 57356
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 | -0.70% | -0.70% | -0.38% | -0.14% | -0.14% | -0.12% | -0.29% | 0.14% | +28 bps | |
| Return on Equity | n/a | n/a | -3.29% | -1.26% | -1.35% | -1.25% | -3.35% | 1.55% | +281 bps | |
| Net Interest Margin | 0.59% | 0.70% | 2.74% | 2.74% | 2.63% | 2.62% | 3.28% | 3.19% | +45 bps | |
| Efficiency Ratio | 153.78% | 143.74% | 83.90% | 84.34% | 84.53% | 87.25% | 92.46% | 76.85% | -749 bps | |
| Non-Interest Burden | 0.91% | 1.01% | 2.27% | 2.29% | 2.20% | 2.27% | 3.02% | 2.43% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | n/a | 48.24% | 47.36% | 58.86% | 70.04% | n/a | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | 151.73% | 89.74% | 68.02% | 89.68% | n/a | |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | 50.86% | 51.02% | 60.56% | 43.41% | n/a | |
| 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% | 0.00% | 0 bps | |
| Allowance / Loans | 1.38% | 1.26% | 1.26% | 1.31% | 1.27% | 1.26% | 1.26% | 1.21% | -10 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 | 18.39% | 17.05% | 13.02% | 12.42% | 10.41% | 10.09% | 10.21% | 10.52% | -190 bps | |
| Equity / Assets | 11.30% | 12.07% | 11.06% | 10.34% | 8.91% | 8.47% | 8.95% | 8.90% | -144 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 55.64% | 73.74% | 94.32% | 87.95% | 92.84% | 92.65% | 98.70% | 116.33% | +2,838 bps | |
| Liquid Assets / Assets | 39.56% | 7.68% | 0.01% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |