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Anderen Bank of Tampa Bay

Palm Harbor, FL · Cert 58578

FDIC

Q1 2012

$198.7MAssets
$143.8MLoans
$161.0MDeposits
$37.5MEquity
Loan mix
75%RE $71.7M23%C&I $22.2M1%Consumer $1.4MQ1 2011Q1 2012
Deposit mix
89%Interest-bearing $143.3M11%Noninterest $17.8MQ1 2011Q1 2012

NIM

4.09%Q1 ’104.45%Q1 ’114.21%Q1 ’12+23%+4%

Non-interest income vs. expense

4.28%Q1 ’102.99%Q1 ’113.63%Q1 ’12-30%+18%

Executive Summary

  • Earnings: ROA of 0.19%, down 1 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.58%.
  • Funding: loans stand at 89.26% of deposits as of Q1 2012.

Financial Results

Return on Assets (quarter, annualized)

0.19%-1 bps YoY

Net Interest Margin (quarter, annualized)

3.37%+13 bps YoY

Efficiency Ratio (quarter, annualized)

103.26%+1,209 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets0.20%0.82%10.61%0.37%0.19%-1 bps
Return on Equity1.13%4.72%3.40%2.02%1.00%-13 bps
Net Interest Margin3.24%3.13%3.54%3.58%3.37%+13 bps
Efficiency Ratio91.17%93.59%91.73%82.49%103.26%+1,209 bps
Non-Interest Burden2.95%2.93%3.24%2.89%3.48%+54 bps
Growth
Asset Growth (YoY)43.99%10.19%2.85%4.69%-5.90%-4,989 bps
Loan Growth (YoY)48.55%4.29%-2.85%-1.28%3.27%-4,527 bps
Deposit Growth (YoY)63.19%19.27%4.16%4.95%-7.94%-7,113 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.80%2.35%0.12%-0.16%-0.58%-138 bps
Allowance / Loans2.91%2.18%2.09%2.11%2.13%-78 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 Capital20.91%20.55%21.41%21.62%21.89%+98 bps
Equity / Assets17.08%17.48%18.24%18.28%18.86%+177 bps
Liquidity & Funding
Loans / Deposits79.57%87.20%86.62%87.42%89.26%+969 bps
Liquid Assets / Assets1.58%1.59%1.68%0.24%0.00%-157 bps
CRE / Total Capitaln/an/an/an/an/an/an/a