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Professional Bank

Coral Gables, FL · Cert 58862

FDIC · 9 branches

Q4 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2022, the quarter ended December 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Professional Bank

Coral Gables, FL · Cert 58862

FDIC · 9 branches

Q4 2022

$2.6BAssets
$2.1BLoans
$2.2BDeposits
$257.6MEquity
Loan mix
76%RE $1.2B22%C&I $0.3B2%Consumer $0.0BQ4 2021Q4 2022
Deposit mix
68%Interest-bearing $1.5B32%Noninterest $0.7BQ4 2021Q4 2022

NIM

3.36%Q4 ’202.92%Q4 ’214.04%Q4 ’22-16%+33%

Non-interest income vs. expense

1.98%Q4 ’201.69%Q4 ’212.10%Q4 ’22-17%+28%

Market Position · Miami-Fort Lauderdale-Pompano Beach, FL · 2022 SOD (annual) · 0.7% share · #24 of 83 inst. · $2.4B of $351.1B

0.9% Miami-Dade
0.6% Palm Beach
0.2% Broward

Executive Summary

  • Earnings: ROA of 1.06%, up 12 bps year over year; NIM at 3.59%.
  • Asset quality: problem loans at 0.07% of loans (-5 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 10.00%, up 225 bps from a year ago.
  • Funding: loans stand at 97.41% of deposits as of Q4 2022.

Financial Results

Return on Assets (YTD, annualized)

1.06%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.59%+89 bps YoY

Efficiency Ratio (YTD, annualized)

55.01%-274 bps YoY

Tier 1 Leverage Ratio

10.00%+225 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2021Q1 2022Q2 2022Q3 2022Q4 2022YoY ΔTrend
Earnings
Return on Assets0.94%0.42%0.76%1.00%1.06%+12 bps
Return on Equity10.90%4.92%8.71%11.05%11.44%+53 bps
Net Interest Margin2.70%2.84%3.06%3.57%3.59%+89 bps
Efficiency Ratio57.74%77.14%62.81%57.10%55.01%-274 bps
Non-Interest Burden1.45%2.14%1.82%1.92%1.85%+41 bps
Growth
Asset Growth (YoY)29.46%28.32%3.77%-6.62%-2.88%-3,234 bps
Loan Growth (YoY)7.14%5.36%17.41%18.81%20.03%+1,290 bps
Deposit Growth (YoY)39.87%33.79%4.23%-7.27%-8.03%-4,790 bps
Asset Quality
Nonperforming Loans / Loans0.12%0.12%0.07%0.09%0.07%-5 bps
Net Charge-Offs / Loans0.47%0.00%0.07%0.04%0.03%-44 bps
Allowance / Loans0.71%0.74%0.76%0.82%0.81%+10 bps
Allowance Coverage of NPLs6.0x6.4x10.3x9.3x11.7x+5.8x
Capital
Tier 1 Leverage Ratio7.75%8.15%8.46%9.64%10.00%+225 bps
Total Risk-Based Capital12.87%12.81%12.12%12.54%12.50%-37 bps
Equity / Assets8.79%8.37%9.16%10.05%9.96%+117 bps
Liquidity & Funding
Loans / Deposits74.64%69.97%82.87%91.01%97.41%+2,278 bps
Liquid Assets / Assets20.46%23.41%11.29%4.61%5.52%-1,494 bps
CRE / Total Capitaln/an/an/an/an/an/an/a