PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Shamrock Bank of Florida

Naples, FL · Cert 58553

FDIC

Q4 2013

$91.5MAssets
$62.3MLoans
$80.9MDeposits
$6.4MEquity
Loan mix
92%RE $43.3M8%C&I $3.7M1%Consumer $0.3MQ4 2012Q4 2013
Deposit mix
89%Interest-bearing $71.8M11%Noninterest $9.1MQ4 2012Q4 2013

NIM

3.91%Q4 ’113.78%Q4 ’124.10%Q4 ’13+5%+14%

Non-interest income vs. expense

3.09%Q4 ’113.57%Q4 ’123.50%Q4 ’13+12%-4%

Executive Summary

  • Earnings: ROA of -1.42%, up 149 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.86%.
  • Funding: loans stand at 76.98% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

-1.42%+149 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+41 bps YoY

Efficiency Ratio (YTD, annualized)

100.21%-1,792 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets-2.90%0.41%-2.23%-1.51%-1.42%+149 bps
Return on Equity-25.45%4.85%-28.13%-19.67%-18.81%+664 bps
Net Interest Margin3.02%2.93%3.11%3.25%3.43%+41 bps
Efficiency Ratio118.14%86.75%88.69%92.70%100.21%-1,792 bps
Non-Interest Burden3.57%2.53%2.75%3.01%3.43%-13 bps
Growth
Asset Growth (YoY)20.58%17.24%6.99%0.21%-15.94%-3,652 bps
Loan Growth (YoY)16.65%2.24%3.90%-2.32%-7.40%-2,405 bps
Deposit Growth (YoY)29.76%29.41%17.90%8.85%-11.88%-4,164 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.30%-0.32%3.93%2.59%1.86%-144 bps
Allowance / Loans2.56%2.83%2.83%2.87%3.13%+57 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital15.35%15.47%14.18%14.48%15.11%-24 bps
Equity / Assets8.66%8.39%6.68%6.80%6.99%-167 bps
Liquidity & Funding
Loans / Deposits73.25%63.97%71.48%71.91%76.98%+373 bps
Liquid Assets / Assets4.85%1.52%2.86%2.78%2.10%-276 bps
CRE / Total Capitaln/an/an/an/an/an/an/a