Boca Raton, FL · Cert 58247
FDIC · 5 branches
Q2 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2021, the quarter ended June 30, 2021, 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.
Boca Raton, FL · Cert 58247
FDIC · 5 branches
Q2 2021
Market Position · Miami-Fort Lauderdale-Pompano Beach, FL · 2021 SOD (annual) · 0.2% share · #46 of 83 inst. · $0.5B of $318.3B
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 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.95% | 1.00% | 1.03% | 1.08% | 1.09% | 1.17% | 1.52% | 1.53% | +45 bps | |
| Return on Equity | 8.75% | 9.18% | 9.05% | 9.81% | 10.13% | 10.91% | 14.85% | 14.84% | +504 bps | |
| Net Interest Margin | 3.07% | 3.08% | 3.22% | 3.07% | 3.11% | 3.23% | 3.67% | 3.57% | +50 bps | |
| Efficiency Ratio | 64.75% | 62.86% | 63.24% | 57.77% | 57.70% | 55.74% | 46.63% | 46.69% | -1,108 bps | |
| Non-Interest Burden | 1.90% | 1.83% | 1.96% | 1.70% | 1.72% | 1.71% | 1.58% | 1.56% | -14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.32% | 6.45% | 4.94% | 18.28% | 18.57% | 17.33% | 28.47% | 10.75% | -752 bps | |
| Loan Growth (YoY) | 17.65% | 9.84% | 16.29% | 25.53% | 24.68% | 20.23% | 15.50% | -0.99% | -2,652 bps | |
| Deposit Growth (YoY) | 18.11% | 11.88% | 3.30% | 18.98% | 17.26% | 26.17% | 40.44% | 19.03% | +5 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.21% | 0.21% | 0.41% | 0.36% | 0.35% | 0.35% | 0.34% | 0.35% | -1 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.65% | 0.65% | 0.62% | 0.59% | 0.61% | 0.67% | 0.68% | 0.73% | +13 bps | |
| Allowance Coverage of NPLs | 3.1x | 3.1x | 1.5x | 1.7x | 1.8x | 1.9x | 2.0x | 2.1x | +0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.79% | 11.13% | 11.36% | 10.42% | 10.27% | 10.49% | 10.49% | 10.31% | -11 bps | |
| Total Risk-Based Capital | 11.99% | 12.66% | 12.63% | 11.57% | 11.68% | 11.97% | 11.82% | 12.65% | +108 bps | |
| Equity / Assets | 10.89% | 11.30% | 11.41% | 10.32% | 10.13% | 10.70% | 9.79% | 10.47% | +15 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 110.92% | 117.19% | 119.27% | 118.41% | 117.94% | 111.67% | 98.08% | 98.50% | -1,991 bps | |
| Liquid Assets / Assets | 3.16% | 0.87% | 0.77% | 1.44% | 0.74% | 0.81% | 9.75% | 10.20% | +876 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |