Jacksonville, FL · Cert 57725
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.
Jacksonville, FL · Cert 57725
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 | -0.53% | -1.02% | -1.58% | -0.51% | -2.26% | -5.06% | -4.62% | -0.30% | +20 bps | |
| Return on Equity | -5.56% | -10.90% | -17.14% | -5.60% | -25.34% | -56.90% | -51.26% | -3.31% | +229 bps | |
| Net Interest Margin | 2.92% | 2.73% | 2.57% | 1.97% | 2.11% | 2.35% | 2.55% | 3.22% | +125 bps | |
| Efficiency Ratio | 95.95% | 104.23% | 107.40% | 133.28% | 125.95% | 132.48% | 119.14% | 88.23% | -4,505 bps | |
| Non-Interest Burden | 2.80% | 2.86% | 2.77% | 2.66% | 2.70% | 3.06% | 3.03% | 2.81% | +15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.63% | 12.29% | 18.38% | 21.08% | 24.60% | 3.91% | -7.32% | -3.11% | -2,418 bps | |
| Loan Growth (YoY) | 6.68% | 13.23% | 8.11% | 6.97% | 9.08% | -3.05% | -5.22% | -7.56% | -1,452 bps | |
| Deposit Growth (YoY) | -2.12% | 12.96% | 35.19% | 21.92% | 32.19% | 3.82% | -7.89% | -2.45% | -2,437 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% | 0.04% | 0.72% | 0.00% | 2.80% | 7.24% | 6.39% | 1.25% | +125 bps | |
| Allowance / Loans | 1.62% | 2.21% | 2.54% | 2.59% | 2.84% | 2.50% | 3.06% | 2.98% | +39 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 | 10.31% | 10.05% | 10.34% | 10.48% | 10.41% | 11.31% | 11.39% | 11.29% | +80 bps | |
| Equity / Assets | 9.53% | 8.84% | 8.88% | 9.16% | 8.69% | 8.85% | 9.52% | 8.75% | -41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 108.39% | 95.74% | 95.64% | 92.04% | 89.44% | 89.40% | 98.41% | 87.22% | -482 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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 |