Palatka, FL · Charter 61544
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Palatka, FL · Charter 61544
Q2 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.08% | 2.05% | 1.36% | 1.53% | 1.45% | 1.34% | 0.02% | -1.22% | -275 bps | |
| Return on Equity | 10.77% | 10.22% | 6.99% | 7.82% | 7.14% | 6.47% | 0.09% | -6.62% | -1,444 bps | |
| Net Interest Margin | 4.67% | 4.76% | 4.60% | 4.57% | 4.66% | 4.61% | 3.77% | 3.58% | -99 bps | |
| Efficiency Ratio | 69.14% | 69.41% | 74.37% | 74.00% | 75.32% | 76.34% | 99.27% | 120.81% | +4,682 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.38% | -1.35% | 0.56% | -1.58% | 3.04% | 4.00% | 6.45% | 5.72% | +730 bps | |
| Loan Growth (YoY) | -4.82% | -4.68% | -8.69% | -9.35% | -10.56% | -12.39% | -13.89% | -12.90% | -355 bps | |
| Share Growth (YoY) | -1.61% | -3.81% | -1.60% | -3.85% | 1.85% | 2.96% | 6.46% | 6.33% | +1,018 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.36% | 0.76% | 0.52% | 0.68% | 1.06% | 0.98% | 0.85% | 1.57% | +88 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.69% | 0.65% | 0.66% | 0.64% | 0.65% | 0.69% | 0.61% | 0.74% | +10 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 19.35% | 20.06% | 19.51% | 19.58% | 20.31% | 20.67% | 19.30% | 18.46% | -112 bps | |
| Net Worth / Assets | 19.35% | 20.06% | 19.51% | 19.58% | 20.31% | 20.67% | 19.30% | 18.46% | -112 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 93.69% | 94.25% | 87.01% | 83.36% | 82.27% | 80.20% | 70.37% | 68.29% | -1,508 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |