Orlando, FL · Cert 57960
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Orlando, FL · Cert 57960
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.38%1 | 0.20%1 | 0.13%1 | 0.05% | 0.04%1 | 0.16% | 0.36% | 0.67% | +62 bps | |
| Return on Equity | 4.61% | 2.39% | 1.48% | 0.48% | 0.37% | 1.55% | 3.45% | 6.00% | +552 bps | |
| Net Interest Margin | 3.06% | 3.20% | 3.24% | 3.06% | 3.17% | 3.27% | 3.49% | 3.46% | +40 bps | |
| Efficiency Ratio | 78.22% | 87.79% | 90.00% | 98.81% | 101.28% | 97.00% | 91.39% | 82.57% | -1,624 bps | |
| Non-Interest Burden | 2.41% | 2.88% | 2.98% | 3.02% | 3.21% | 3.16% | 3.17% | 2.80% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -20.02% | -21.51% | -19.85% | -22.90% | -20.52% | -14.22% | -14.64% | -2.82% | +2,008 bps | |
| Loan Growth (YoY) | -10.04% | -12.66% | -17.55% | -17.67% | -11.72% | -9.63% | -4.26% | -0.16% | +1,751 bps | |
| Deposit Growth (YoY) | -21.87% | -22.90% | -20.86% | -26.34% | -23.46% | -17.61% | -19.50% | -2.70% | +2,365 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 | 0.15% | 0.28% | 0.25% | 0.38% | 0.16% | 0.16% | 0.94% | 0.28% | -10 bps | |
| Allowance / Loans | 3.09% | 3.18% | 3.42% | 3.48% | 3.44% | 3.42% | 2.64% | 2.57% | -91 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 | 11.91% | 12.70% | 13.63% | 14.20% | 14.20% | 14.51% | 14.91% | 14.77% | +57 bps | |
| Equity / Assets | 8.78% | 9.31% | 9.63% | 10.51% | 10.54% | 10.60% | 11.22% | 10.98% | +48 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.77% | 81.45% | 79.03% | 85.05% | 89.70% | 89.34% | 93.99% | 87.27% | +222 bps | |
| Liquid Assets / Assets | 2.94% | 3.92% | 5.35% | 5.44% | 2.93% | 4.45% | 0.83% | 2.32% | -312 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |