Venice, FL · Cert 57386
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Venice, FL · Cert 57386
FDIC
Q2 2009
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 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.09% | -0.03% | -0.50% | -0.74% | -0.80% | -1.90% | -1.71% | -1.98% | -124 bps | |
| Return on Equity | 0.56% | -0.17% | -2.64% | -4.05% | -4.49% | -11.12% | -12.59% | -14.47% | -1,041 bps | |
| Net Interest Margin | 1.88% | 2.23% | 3.00% | 2.72% | 2.81% | 2.65% | 2.17% | 2.04% | -68 bps | |
| Efficiency Ratio | 85.84% | 92.85% | 112.56% | 123.71% | 121.03% | 124.63% | 141.91% | 159.47% | +3,577 bps | |
| Non-Interest Burden | 1.75% | 2.27% | 3.71% | 3.68% | 3.71% | 3.60% | 3.43% | 3.66% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.82% | 11.11% | 12.46% | 13.28% | 12.97% | 24.66% | 23.22% | 6.22% | -706 bps | |
| Loan Growth (YoY) | -0.71% | 0.38% | 8.88% | 15.24% | 14.53% | 15.68% | 7.99% | 4.21% | -1,103 bps | |
| Deposit Growth (YoY) | -0.72% | -1.28% | -3.23% | 3.05% | 3.53% | 23.66% | 28.90% | 27.15% | +2,410 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% | 0.04% | 0.35% | 0.34% | 0.68% | 0.53% | 2.47% | +211 bps | |
| Allowance / Loans | 1.18% | 1.15% | 1.09% | 1.04% | 1.13% | 2.78% | 3.18% | 2.76% | +172 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 | 17.33% | 16.71% | 15.68% | 13.45% | 14.60% | 12.42% | 11.64% | 11.72% | -173 bps | |
| Equity / Assets | 19.66% | 20.00% | 18.15% | 16.77% | 16.71% | 14.35% | 12.87% | 13.97% | -281 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.59% | 113.20% | 110.99% | 109.92% | 116.81% | 105.89% | 92.98% | 90.09% | -1,984 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 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 |