Fort Lauderdale, FL · Cert 57360
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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 Lauderdale, FL · Cert 57360
FDIC
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.06% | 0.06% | -0.35% | -1.16% | -1.39% | -4.34% | -5.92% | -9.51% | -835 bps | |
| Return on Equity | 0.54% | 0.55% | -3.28% | -11.82% | -14.11% | -47.77% | -73.31% | -374% | -36,249 bps | |
| Net Interest Margin | 3.36% | 3.34% | 3.11% | 2.92% | 2.94% | 2.99% | 2.63% | 2.14% | -79 bps | |
| Efficiency Ratio | 84.87% | 85.05% | 84.88% | 91.85% | 99.14% | 91.85% | 97.21% | 80.83% | -1,102 bps | |
| Non-Interest Burden | 2.89% | 2.87% | 2.67% | 2.71% | 2.95% | 5.69% | 4.60% | 2.01% | -71 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.18% | 12.40% | 18.27% | 13.33% | 4.59% | 1.25% | -0.60% | 10.65% | -268 bps | |
| Loan Growth (YoY) | 11.84% | 14.68% | 12.96% | 8.79% | 4.73% | -2.38% | -2.13% | -5.35% | -1,414 bps | |
| Deposit Growth (YoY) | 10.76% | 17.07% | 16.68% | 23.38% | 11.37% | 4.74% | 10.71% | 25.54% | +216 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 | 0.35% | 0.31% | 0.29% | 2.34% | 3.20% | 3.08% | 3.70% | 11.15% | +880 bps | |
| Allowance / Loans | 1.09% | 1.06% | 1.85% | 1.89% | 1.71% | 2.10% | 2.69% | 2.92% | +103 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 | 10.53% | 10.18% | 10.15% | 10.15% | 10.21% | 9.80% | 6.47% | 3.33% | -682 bps | |
| Equity / Assets | 10.55% | 10.20% | 9.91% | 9.73% | 9.83% | 6.90% | 4.05% | 1.19% | -854 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 119.88% | 107.52% | 109.69% | 104.77% | 112.73% | 100.22% | 96.97% | 79.00% | -2,577 bps | |
| Liquid Assets / Assets | 0.01% | 0.07% | 0.03% | 0.01% | 0.02% | 5.55% | 1.25% | 18.99% | +1,898 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |