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Stonegate Bank

Fort Lauderdale, FL · Cert 57934

FDIC · 29 branches

Q2 2017

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: Q2 2017, the quarter ended June 30, 2017, 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

Stonegate Bank

Fort Lauderdale, FL · Cert 57934

FDIC · 29 branches

Q2 2017

$3.1BAssets
$2.5BLoans
$2.6BDeposits
$417.8MEquity
Loan mix
81%RE $1.4B18%C&I $0.3B1%Consumer $0.0BQ2 2016Q2 2017
Deposit mix
77%Interest-bearing $2.0B23%Noninterest $0.6BQ2 2016Q2 2017

NIM

4.01%Q2 ’153.87%Q2 ’163.83%Q2 ’17-5%-2%

Non-interest income vs. expense

2.35%Q2 ’152.08%Q2 ’162.00%Q2 ’17-16%-4%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2017 SOD (annual) · 0.8% share · #21 of 99 inst. · $1.8B of $231.7B

2.1% Broward
3.2% Sarasota
0.7% Palm Beach
0.2% Miami-Dade

Executive Summary

  • Earnings: ROA of 1.06%, down 5 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.46% of loans (+46 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 10.68%, up 32 bps from a year ago.
  • Funding: loans stand at 93.79% of deposits as of Q2 2017.

Financial Results

Return on Assets (YTD, annualized)

1.06%-5 bps YoY

Net Interest Margin (YTD, annualized)

3.47%-8 bps YoY

Efficiency Ratio (YTD, annualized)

52.69%-29 bps YoY

Tier 1 Leverage Ratio

10.68%+32 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets1.11%1.04%1.11%1.04%1.06%-5 bps
Return on Equity9.24%8.75%9.21%8.36%8.28%-96 bps
Net Interest Margin3.55%3.06%3.16%3.30%3.47%-8 bps
Efficiency Ratio52.98%53.81%54.55%52.34%52.69%-29 bps
Non-Interest Burden1.75%1.53%1.61%1.61%1.69%-6 bps
Growth
Asset Growth (YoY)5.79%26.98%21.92%31.85%30.32%+2,453 bps
Loan Growth (YoY)10.28%24.74%22.47%31.53%25.27%+1,499 bps
Deposit Growth (YoY)5.35%27.62%20.94%30.20%28.90%+2,355 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.37%0.46%+46 bps
Net Charge-Offs / Loans-0.03%-0.02%-0.02%-0.01%0.02%+5 bps
Allowance / Loans0.95%0.82%0.83%0.79%0.81%-14 bps
Allowance Coverage of NPLsn/an/an/a2.2x1.8xn/a
Capital
Tier 1 Leverage Ratio10.37%9.97%9.91%10.08%10.68%+32 bps
Total Risk-Based Capital11.96%11.65%12.00%12.26%12.53%+56 bps
Equity / Assets12.35%11.78%12.23%12.66%13.33%+98 bps
Liquidity & Funding
Loans / Deposits96.51%92.01%92.88%91.14%93.79%-272 bps
Liquid Assets / Assets9.88%11.76%11.97%11.69%9.83%-5 bps
CRE / Total Capitaln/an/an/an/an/an/an/a