Jacksonville, FL · Cert 58045
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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 58045
FDIC
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.68% | 0.69% | 0.73% | 0.25% | 0.13% | -0.14% | 0.00% | 0.41% | +16 bps | |
| Return on Equity | 5.56% | 5.86% | 6.16% | 2.10% | 1.09% | -1.24% | -0.03% | 3.89% | +179 bps | |
| Net Interest Margin | 4.16% | 3.99% | 3.82% | 3.35% | 2.98% | 3.00% | 2.84% | 3.08% | -27 bps | |
| Efficiency Ratio | 67.27% | 68.32% | 63.64% | 82.08% | 82.22% | 82.42% | 79.94% | 65.36% | -1,672 bps | |
| Non-Interest Burden | 2.77% | 2.70% | 2.40% | 2.73% | 2.44% | 2.46% | 2.26% | 1.99% | -75 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 36.83% | 32.20% | 18.28% | 15.39% | 14.31% | 9.13% | 20.38% | 16.69% | +130 bps | |
| Loan Growth (YoY) | 40.02% | 34.56% | 21.27% | 18.87% | 11.33% | 10.31% | 18.03% | 11.23% | -763 bps | |
| Deposit Growth (YoY) | 56.20% | 45.74% | 18.87% | 16.43% | 14.91% | 12.79% | 28.59% | 26.43% | +1,000 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% | 0.03% | 0.00% | 0.00% | 0.14% | 0.10% | 0.00% | 0 bps | |
| Allowance / Loans | 1.20% | 1.12% | 1.25% | 1.23% | 1.36% | 1.63% | 1.63% | 1.76% | +53 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 | 14.36% | 13.54% | 14.17% | 14.19% | 14.11% | 13.35% | 13.04% | 13.31% | -88 bps | |
| Equity / Assets | 11.60% | 10.80% | 11.62% | 12.31% | 11.52% | 10.89% | 10.49% | 10.81% | -150 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 106.01% | 107.38% | 112.43% | 113.36% | 102.70% | 105.02% | 103.19% | 99.73% | -1,363 bps | |
| Liquid Assets / Assets | 2.92% | 3.75% | 0.41% | 0.18% | 1.84% | 0.18% | 3.74% | 5.18% | +499 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |