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National Bank of Southwest Florida

Port Charlotte, FL · Cert 58376

FDIC · 6 branches

Q1 2018

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: Q1 2018, the quarter ended March 31, 2018, 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

National Bank of Southwest Florida

Port Charlotte, FL · Cert 58376

FDIC · 6 branches

Q1 2018

$391.6MAssets
$300.4MLoans
$343.6MDeposits
$40.8MEquity
Loan mix
94%RE $209.4M4%C&I $9.5M2%Consumer $4.8MQ1 2017Q1 2018
Deposit mix
75%Interest-bearing $259.0M25%Noninterest $84.6MQ1 2017Q1 2018

NIM

3.55%Q1 ’163.65%Q1 ’174.07%Q1 ’18+7%+10%

Non-interest income vs. expense

2.61%Q1 ’162.59%Q1 ’172.39%Q1 ’180%-7%

Market Position · Naples-Immokalee-Marco Island, FL · 2017 SOD (annual) · 1.1% share · #17 of 38 inst. · $0.2B of $17.3B

1.1% Collier
0.5% Lee
0.2% Hillsborough
0.8% Charlotte

Executive Summary

  • Earnings: ROA of 1.08%, up 56 bps year over year; NIM at 3.64%.
  • Asset quality: problem loans at 0.39% of loans (+24 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.72%, up 107 bps from a year ago.
  • Funding: loans stand at 87.42% of deposits as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

1.08%+56 bps YoY

Net Interest Margin (YTD, annualized)

3.64%+33 bps YoY

Efficiency Ratio (YTD, annualized)

62.35%-1,004 bps YoY

Tier 1 Leverage Ratio

9.72%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.52%0.58%0.66%0.76%1.08%+56 bps
Return on Equity5.57%6.20%6.96%7.88%10.34%+477 bps
Net Interest Margin3.31%3.25%3.39%3.47%3.64%+33 bps
Efficiency Ratio72.39%70.59%68.63%68.38%62.35%-1,004 bps
Non-Interest Burden2.32%2.22%2.25%2.29%2.16%-16 bps
Growth
Asset Growth (YoY)10.68%3.42%3.53%-1.47%-6.33%-1,701 bps
Loan Growth (YoY)17.29%16.36%12.33%4.83%2.20%-1,509 bps
Deposit Growth (YoY)10.48%2.77%0.52%-2.03%-6.75%-1,723 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.29%0.32%0.40%0.39%+24 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.01%0.00%0 bps
Allowance / Loans1.18%1.19%1.12%1.13%1.16%-1 bps
Allowance Coverage of NPLs7.5x4.1x3.4x2.8x3.0x-4.5x
Capital
Tier 1 Leverage Ratio8.65%8.49%8.87%9.31%9.72%+107 bps
Total Risk-Based Capital13.20%13.06%12.38%12.96%13.65%+45 bps
Equity / Assets9.01%9.69%9.93%10.40%10.43%+141 bps
Liquidity & Funding
Loans / Deposits79.76%86.18%97.39%92.88%87.42%+766 bps
Liquid Assets / Assets11.48%6.02%4.82%4.85%9.60%-188 bps
CRE / Total Capitaln/an/an/an/an/an/an/a