Destin, FL · Cert 58468
FDIC
Q4 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2012, the quarter ended December 31, 2012, 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.
Destin, FL · Cert 58468
FDIC
Q4 2012
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 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.26% | 0.04%1 | 0.12% | 0.16% | 0.31% | 0.38% | 0.10% | 0.20% | +3 bps | |
| Return on Equity | -2.40% | 0.41% | 1.11% | 1.47% | 2.83% | 3.48% | 0.71% | 1.21% | -26 bps | |
| Net Interest Margin | 2.94% | 3.03% | 3.04% | 3.21% | 3.92% | 3.82% | 0.86% | 1.56% | -165 bps | |
| Efficiency Ratio | 108.27% | 96.21% | 94.23% | 90.96% | 84.86% | 82.33% | 75.61% | 73.50% | -1,746 bps | |
| Non-Interest Burden | 3.20% | 2.90% | 2.84% | 2.90% | 3.30% | 3.11% | 0.67% | 1.19% | -171 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.09% | 22.99% | 13.70% | 7.31% | 8.47% | 6.46% | 20.54% | 22.63% | +1,532 bps | |
| Loan Growth (YoY) | 43.12% | 38.73% | 11.40% | 18.28% | 15.93% | 15.01% | 18.65% | 6.10% | -1,218 bps | |
| Deposit Growth (YoY) | 27.85% | 23.34% | 13.53% | 7.25% | 8.78% | 6.66% | 4.55% | 6.02% | -123 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.21% | 1.21% | 1.25% | 1.25% | 1.23% | 1.25% | 0.06% | 0.15% | -110 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 | 13.57% | 13.47% | 14.10% | 13.69% | 13.34% | 13.42% | 13.09% | 16.49% | +280 bps | |
| Equity / Assets | 10.98% | 10.92% | 10.99% | 11.21% | 10.76% | 10.80% | 22.84% | 22.94% | +1,174 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.86% | 75.93% | 73.70% | 80.83% | 80.85% | 81.88% | 83.64% | 80.90% | +6 bps | |
| Liquid Assets / Assets | 8.17% | 8.74% | 12.95% | 7.27% | 9.96% | 9.28% | 9.70% | 11.11% | +384 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |