Venice, FL · Cert 58616
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Venice, FL · Cert 58616
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.20%1 | 0.39%1 | 0.40%1 | 0.45% | 0.35% | 0.48% | 0.53% | 0.39% | -7 bps | |
| Return on Equity | 2.00% | 3.89% | 3.97% | 4.50% | 3.68% | 5.19% | 5.83% | 4.34% | -16 bps | |
| Net Interest Margin | 2.86% | 2.89% | 2.99% | 3.02% | 3.02% | 3.11% | 3.16% | 3.06% | +4 bps | |
| Efficiency Ratio | 75.79% | 70.19% | 65.43% | 67.95% | 75.12% | 71.00% | 70.25% | 71.36% | +341 bps | |
| Non-Interest Burden | 2.15% | 2.01% | 1.87% | 1.98% | 2.18% | 2.11% | 2.14% | 2.11% | +13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 22.07% | 21.02% | 15.77% | 13.55% | 10.95% | 7.96% | 10.59% | 10.49% | -307 bps | |
| Loan Growth (YoY) | 21.98% | 30.67% | 26.18% | 21.95% | 31.06% | 19.70% | 25.17% | 22.37% | +42 bps | |
| Deposit Growth (YoY) | 21.26% | 19.83% | 17.00% | 14.16% | 11.39% | 9.60% | 12.75% | 12.69% | -147 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 | 4.62% | 2.05% | 1.81% | 1.24% | 0.00% | 0.08% | 0.04% | 0.03% | -122 bps | |
| Allowance / Loans | 1.33% | 1.40% | 1.56% | 1.64% | 1.63% | 1.65% | 1.55% | 1.72% | +7 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 | 18.29% | 18.00% | 17.22% | 16.76% | 16.00% | 16.15% | 15.30% | 15.39% | -137 bps | |
| Equity / Assets | 9.76% | 10.00% | 10.34% | 9.90% | 9.24% | 8.59% | 8.69% | 8.26% | -165 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 50.21% | 56.05% | 58.73% | 58.84% | 59.08% | 61.21% | 65.19% | 63.90% | +505 bps | |
| Liquid Assets / Assets | 0.04% | 0.05% | 2.77% | 2.05% | 3.32% | 3.40% | 3.94% | 18.09% | +1,604 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |