Tallahassee, FL · Cert 58452
FDIC · 5 branches
Q1 2018
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Tallahassee, FL · Cert 58452
FDIC · 5 branches
Q1 2018
Market Position · Tallahassee, FL · 2017 SOD (annual) · 1.9% share · #12 of 16 inst. · $0.1B of $7.7B
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 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.00% | 0.03% | 0.14% | 0.35% | 0.34% | 0.39% | -0.02% | 0.52% | +17 bps | |
| Return on Equity | 0.03% | 0.26% | 1.10% | 2.92% | 2.92% | 3.52% | -0.14% | 5.57% | +265 bps | |
| Net Interest Margin | 3.89% | 3.84% | 3.76% | 4.00% | 3.95% | 3.83% | 3.97% | 3.92% | -8 bps | |
| Efficiency Ratio | 97.67% | 96.69% | 93.95% | 86.31% | 86.88% | 84.80% | 86.24% | 83.73% | -258 bps | |
| Non-Interest Burden | 3.72% | 3.63% | 3.42% | 3.27% | 3.27% | 3.09% | 3.28% | 3.15% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.76% | 9.83% | 9.74% | 11.49% | 11.54% | 16.01% | 15.93% | 17.85% | +636 bps | |
| Loan Growth (YoY) | 13.37% | 14.04% | 18.09% | 25.05% | 25.93% | 29.20% | 25.30% | 20.13% | -492 bps | |
| Deposit Growth (YoY) | 4.84% | 7.12% | 5.54% | 3.29% | 5.08% | 3.89% | 5.20% | 7.74% | +445 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 1.89% | 1.08% | 1.56% | 1.56% | 1.57% | -32 bps | |
| Net Charge-Offs / Loans | 0.10% | 0.15% | 0.11% | 0.03% | -0.06% | -0.02% | -0.01% | 0.15% | +12 bps | |
| Allowance / Loans | 0.77% | 0.72% | 0.68% | 0.67% | 0.71% | 0.68% | 0.66% | 0.62% | -5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 0.4x | 0.7x | 0.4x | 0.4x | 0.4x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.94% | 11.76% | 11.42% | 11.33% | 9.91% | 9.70% | 9.92% | 9.00% | -233 bps | |
| Total Risk-Based Capital | 16.20% | 15.96% | 15.34% | 14.71% | 13.03% | 12.53% | 12.00% | 11.62% | -309 bps | |
| Equity / Assets | 12.64% | 12.50% | 12.20% | 11.78% | 10.59% | 10.16% | 9.55% | 9.00% | -278 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.11% | 88.66% | 97.21% | 100.66% | 104.40% | 110.26% | 115.78% | 112.23% | +1,157 bps | |
| Liquid Assets / Assets | 13.16% | 11.16% | 10.27% | 9.48% | 8.68% | 7.79% | 7.14% | 6.43% | -306 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |