Miami, FL · Cert 91271
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Miami, FL · Cert 91271
FDIC
Q3 2004
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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.16% | 3.78% | 3.92% | 3.18% | 2.00% | -1.03% | 4.81% | 6.29% | +312 bps | |
| Return on Equity | 1.57% | 4.99% | 5.30% | 4.30% | 2.52% | -1.17% | 5.43% | 7.00% | +270 bps | |
| Net Interest Margin | 0.51% | 0.25% | 0.23% | 0.21% | 0.07% | 0.03% | 0.06% | 0.06% | -14 bps | |
| Efficiency Ratio | 97.52% | 92.69% | 92.30% | 93.64% | 94.38% | 96.81% | 74.37% | 69.84% | -2,380 bps | |
| Non-Interest Burden | -1.34% | -5.96% | -6.09% | -4.82% | -1.43% | 1.74% | -7.83% | -9.75% | -494 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.33% | -8.47% | 6.85% | 0.43% | 217% | 189.83% | 184.50% | 183.25% | +18,282 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | -53.78% | -100.00% | 248% | -100.00% | 1307% | n/a | -53.82% | n/a | n/a | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 320% | 263% | 234% | 257% | 181.37% | 187.06% | 135.23% | 159.02% | -9,770 bps | |
| Equity / Assets | 77.28% | 74.18% | 70.73% | 73.38% | 86.87% | 89.88% | 88.70% | 94.24% | +2,086 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | n/a | 0.00% | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |
| Liquid Assets / Assets | 30.33% | 20.22% | 16.33% | 15.47% | 3.13% | 3.25% | 2.17% | 0.59% | -1,488 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |