PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Marco Community Bank

Marco Island, FL · Cert 57586

FDIC

Q4 2009

$119.6MAssets
$104.0MLoans
$117.1MDeposits
$2.0MEquity
Deposit mix
92%Interest-bearing $107.5M8%Noninterest $9.6MQ4 2008Q4 2009

NIM

7.14%Q4 ’075.86%Q4 ’084.65%Q4 ’09-23%-3%

Non-interest income vs. expense

3.65%Q4 ’073.85%Q4 ’083.85%Q4 ’09+12%+17%

Executive Summary

  • Earnings: ROA of -10.36%, down 709 bps year over year; NIM at 2.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.23%.
  • Funding: loans stand at 88.81% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-10.36%-709 bps YoY

Net Interest Margin (YTD, annualized)

2.53%-7 bps YoY

Efficiency Ratio (YTD, annualized)

210%+6,048 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-3.27%-0.58%-4.04%-4.73%-10.36%-709 bps
Return on Equity-29.37%-5.62%-40.94%-50.23%-128.72%-9,935 bps
Net Interest Margin2.61%2.39%2.22%2.24%2.53%-7 bps
Efficiency Ratio149.99%132.61%121.57%314%210%+6,048 bps
Non-Interest Burden3.89%3.18%2.78%4.65%4.55%+66 bps
Growth
Asset Growth (YoY)-8.74%-9.10%2.99%6.22%-10.06%-132 bps
Loan Growth (YoY)-9.05%2.79%-4.08%-4.47%-5.64%+340 bps
Deposit Growth (YoY)-7.46%-8.09%7.02%11.82%-0.19%+728 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.27%4.18%7.89%11.27%8.23%+497 bps
Allowance / Loans5.45%4.18%5.46%1.70%4.61%-84 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.34%12.27%8.56%6.90%2.97%-937 bps
Equity / Assets10.62%10.05%9.00%8.02%1.65%-897 bps
Liquidity & Funding
Loans / Deposits93.95%91.27%82.60%80.28%88.81%-514 bps
Liquid Assets / Assets6.51%0.42%1.04%5.40%0.66%-585 bps
CRE / Total Capitaln/an/an/an/an/an/an/a