Parrish, FL · Cert 58548
FDIC · 4 branches
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 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.
Parrish, FL · Cert 58548
FDIC · 4 branches
Q2 2018
Market Position · North Port-Sarasota-Bradenton, FL · 2018 SOD (annual) · 1.0% share · #23 of 36 inst. · $0.2B of $20.9B
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 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.68% | 0.21% | 0.28% | 0.24% | 0.20% | 0.47% | -2.51% | -279 bps | |
| Return on Equity | 5.88% | 6.02% | 1.38% | 1.83% | 1.59% | 1.40% | 3.97% | -22.71% | -2,454 bps | |
| Net Interest Margin | 3.64% | 3.39% | 3.45% | 3.59% | 3.36% | 3.31% | 3.44% | 3.36% | -23 bps | |
| Efficiency Ratio | 81.83% | 79.02% | 91.30% | 89.67% | 89.65% | 84.78% | 81.65% | 151.24% | +6,158 bps | |
| Non-Interest Burden | 2.87% | 2.48% | 3.13% | 3.20% | 3.00% | 2.77% | 2.72% | 5.21% | +201 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.53% | 15.53% | 12.31% | 16.69% | 22.85% | 24.33% | 44.67% | 44.69% | +2,800 bps | |
| Loan Growth (YoY) | 16.28% | 5.08% | 3.85% | 11.01% | 15.26% | 28.88% | 32.90% | 35.81% | +2,480 bps | |
| Deposit Growth (YoY) | 7.74% | 3.17% | 1.11% | 1.23% | 15.13% | 22.85% | 44.35% | 52.21% | +5,098 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 1.25% | 1.11% | 0.58% | 1.05% | 0.44% | 0.17% | -94 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.01% | 0.00% | 0.00% | 0.03% | 0.02% | 0.00% | 0.46% | +46 bps | |
| Allowance / Loans | 0.93% | 1.03% | 1.02% | 0.96% | 0.91% | 0.99% | 0.99% | 0.70% | -26 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 0.8x | 0.9x | 1.6x | 0.9x | 2.3x | 4.0x | +3.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.16% | 15.88% | 15.71% | 15.58% | 14.24% | 13.40% | 11.74% | 9.77% | -581 bps | |
| Total Risk-Based Capital | 19.18% | 22.92% | 22.25% | 20.22% | 19.04% | 17.40% | 16.14% | 12.64% | -758 bps | |
| Equity / Assets | 13.68% | 15.53% | 15.33% | 15.24% | 13.78% | 13.04% | 10.88% | 9.57% | -566 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.52% | 89.85% | 89.95% | 95.42% | 92.62% | 94.26% | 82.82% | 85.14% | -1,028 bps | |
| Liquid Assets / Assets | 2.12% | 8.50% | 7.22% | 5.78% | 8.09% | 2.67% | 9.32% | 3.58% | -220 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |