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Hancock Bank of Florida

Tallahassee, FL · Cert 57819

FDIC

Q4 2009

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: Q4 2009, the quarter ended December 31, 2009, 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

Hancock Bank of Florida

Tallahassee, FL · Cert 57819

FDIC

Q4 2009

$355.2MAssets
$233.6MLoans
$297.6MDeposits
$52.8MEquity
Loan mix
88%RE $118.7M11%C&I $15.4M0%Consumer $0.1MQ4 2008Q4 2009
Deposit mix
94%Interest-bearing $278.5M6%Noninterest $19.2MQ4 2008Q4 2009

NIM

5.87%Q4 ’073.21%Q4 ’084.06%Q4 ’09-48%+95%

Non-interest income vs. expense

3.69%Q4 ’072.44%Q4 ’082.04%Q4 ’09-37%-18%

Executive Summary

  • Earnings: ROA of -0.17%, up 63 bps year over year; NIM at 2.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.11%.
  • Funding: loans stand at 78.49% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-0.17%+63 bps YoY

Net Interest Margin (YTD, annualized)

2.81%+137 bps YoY

Efficiency Ratio (YTD, annualized)

62.38%-6,477 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-0.80%0.27%0.02%-0.12%-0.17%+63 bps
Return on Equity-4.67%2.20%0.15%-1.01%-1.39%+327 bps
Net Interest Margin1.44%2.10%2.18%2.29%2.81%+137 bps
Efficiency Ratio127.15%76.01%71.35%64.57%62.38%-6,477 bps
Non-Interest Burden1.99%1.55%1.50%1.39%1.62%-37 bps
Growth
Asset Growth (YoY)115.71%167.74%147.57%108.68%-4.12%-11,983 bps
Loan Growth (YoY)61.53%77.91%69.49%31.22%19.19%-4,234 bps
Deposit Growth (YoY)156.63%161.61%160.70%98.55%-5.95%-16,258 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.48%0.91%1.14%1.32%2.11%+164 bps
Allowance / Loans1.55%1.42%1.78%2.52%2.51%+97 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 Capital12.23%15.89%14.97%14.91%16.11%+388 bps
Equity / Assets13.25%11.36%10.79%10.97%14.85%+160 bps
Liquidity & Funding
Loans / Deposits61.93%64.04%73.50%81.12%78.49%+1,656 bps
Liquid Assets / Assets28.05%24.98%0.00%0.00%0.13%-2,792 bps
CRE / Total Capitaln/an/an/an/an/an/an/a