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First America Bank

Bradenton, FL · Cert 57722

FDIC · 5 branches

Q1 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2015, the quarter ended March 31, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First America Bank

Bradenton, FL · Cert 57722

FDIC · 5 branches

Q1 2015

$269.8MAssets
$186.1MLoans
$225.1MDeposits
$31.2MEquity
Loan mix
88%RE $137.2M8%C&I $12.3M4%Consumer $5.6MQ1 2014Q1 2015
Deposit mix
79%Interest-bearing $177.0M21%Noninterest $48.1MQ1 2014Q1 2015

NIM

3.31%Q1 ’133.29%Q1 ’143.26%Q1 ’15+3%+2%

Non-interest income vs. expense

2.88%Q1 ’133.00%Q1 ’142.71%Q1 ’15+53%-14%

Market Position · North Port-Sarasota-Bradenton, FL · 2014 SOD (annual) · 1.3% share · #19 of 43 inst. · $0.2B of $17.1B

3.1% Manatee
0.5% Sarasota

Executive Summary

  • Earnings: ROA of 0.51%, up 24 bps year over year; NIM at 2.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 10.69%.
  • Funding: loans stand at 82.67% of deposits as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

0.51%+24 bps YoY

Net Interest Margin (YTD, annualized)

2.75%+6 bps YoY

Efficiency Ratio (YTD, annualized)

78.37%-997 bps YoY

Tier 1 Leverage Ratio

10.69%

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.28%0.26%0.28%0.29%0.51%+24 bps
Return on Equity2.39%2.23%2.42%2.45%4.38%+199 bps
Net Interest Margin2.68%2.71%2.76%2.76%2.75%+6 bps
Efficiency Ratio88.33%89.10%86.95%85.66%78.37%-997 bps
Non-Interest Burden2.29%2.36%2.32%2.28%1.96%-32 bps
Growth
Asset Growth (YoY)7.89%3.71%4.39%4.08%0.90%-699 bps
Loan Growth (YoY)10.12%13.40%10.67%10.99%4.59%-553 bps
Deposit Growth (YoY)6.99%4.16%4.82%4.37%0.59%-640 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.72%0.51%0.42%0.32%0.02%-71 bps
Allowance / Loans1.15%1.06%0.95%0.91%0.92%-23 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/a10.69%n/an/a
Total Risk-Based Capital12.78%12.65%12.82%12.72%14.07%+129 bps
Equity / Assets11.27%11.43%11.72%11.88%11.57%+30 bps
Liquidity & Funding
Loans / Deposits79.51%81.31%84.08%87.16%82.67%+316 bps
Liquid Assets / Assets12.57%12.22%11.45%8.98%9.04%-352 bps
CRE / Total Capitaln/an/an/an/an/an/an/a