Mobile, AL · Cert 58510
FDIC
Q1 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2011, the quarter ended March 31, 2011, 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.
Mobile, AL · Cert 58510
FDIC
Q1 2011
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 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.79% | -2.38% | -1.97% | -0.63% | -1.54% | -0.89% | -0.14% | 0.01% | +64 bps | |
| Return on Equity | -32.39% | -26.72% | -20.70% | -5.51% | -13.82% | -8.06% | -1.14% | 0.08% | +559 bps | |
| Net Interest Margin | 2.95% | 3.04% | 3.19% | 3.39% | 3.42% | 3.60% | 3.67% | 4.01% | +62 bps | |
| Efficiency Ratio | 94.69% | 80.35% | 75.50% | 79.08% | 74.61% | 73.59% | 73.39% | 72.96% | -612 bps | |
| Non-Interest Burden | 2.75% | 2.26% | 2.15% | 2.48% | 2.27% | 2.36% | 2.45% | 2.68% | +20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 77.96% | 30.19% | 15.83% | 15.07% | 5.56% | 10.09% | 9.15% | 2.96% | -1,211 bps | |
| Loan Growth (YoY) | 84.70% | 33.91% | 14.65% | 9.41% | 3.28% | 10.41% | 10.34% | 11.76% | +236 bps | |
| Deposit Growth (YoY) | 189.33% | 86.69% | 32.89% | 37.02% | 31.53% | 8.95% | 4.52% | -2.21% | -3,923 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 | 2.57% | 3.28% | 3.05% | 1.35% | 1.77% | 1.21% | 1.10% | 0.84% | -51 bps | |
| Allowance / Loans | 2.09% | 2.37% | 2.45% | 2.66% | 3.58% | 3.70% | 2.79% | 2.91% | +24 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 | 10.11% | 11.32% | 13.33% | 13.11% | 12.26% | 12.21% | 17.39% | 17.03% | +392 bps | |
| Equity / Assets | 8.24% | 9.81% | 11.82% | 11.03% | 10.53% | 10.74% | 15.71% | 15.74% | +470 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 124.30% | 100.40% | 97.86% | 92.87% | 97.60% | 101.75% | 103.31% | 106.15% | +1,327 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |