Apalachicola, FL · Cert 9619
FDIC
Q2 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2010, the quarter ended June 30, 2010, 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.
Apalachicola, FL · Cert 9619
FDIC
Q2 2010
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 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.01% | -0.76% | -0.84% | -0.61% | -2.05% | -6.25% | -1.68% | -2.35% | -174 bps | |
| Return on Equity | -12.77% | -9.56% | -10.33% | -7.40% | -25.93% | -90.79% | -71.21% | -114.67% | -10,727 bps | |
| Net Interest Margin | 3.24% | 3.25% | 2.83% | 2.62% | 2.49% | 2.37% | 1.90% | 1.98% | -64 bps | |
| Efficiency Ratio | 100.86% | 91.73% | 93.45% | 96.57% | 107.30% | 148.20% | 158.09% | 148.18% | +5,161 bps | |
| Non-Interest Burden | 3.27% | 2.94% | 2.61% | 2.51% | 2.72% | 4.38% | 3.12% | 3.13% | +62 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.08% | 3.36% | 3.41% | 3.72% | 6.22% | -0.23% | -0.82% | -1.20% | -493 bps | |
| Loan Growth (YoY) | 4.00% | 1.39% | 5.38% | 5.51% | 2.38% | -1.43% | -5.41% | -9.03% | -1,454 bps | |
| Deposit Growth (YoY) | 9.78% | 9.05% | 16.90% | 16.57% | 15.17% | 14.52% | 5.75% | 6.06% | -1,052 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 | 1.15% | 1.25% | 0.91% | 0.59% | 1.69% | 2.45% | 7.15% | 3.67% | +308 bps | |
| Allowance / Loans | 1.06% | 1.08% | 1.18% | 1.45% | 1.64% | 4.16% | 2.64% | 3.33% | +188 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 | 9.52% | 9.60% | 10.30% | 10.51% | 9.00% | 4.45% | 3.87% | 2.94% | -757 bps | |
| Equity / Assets | 7.84% | 8.04% | 8.28% | 8.32% | 7.04% | 2.60% | 2.13% | 1.43% | -689 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.65% | 97.43% | 87.14% | 87.21% | 87.70% | 83.86% | 77.94% | 74.81% | -1,241 bps | |
| Liquid Assets / Assets | 0.04% | 0.04% | 0.01% | 2.58% | 2.21% | 3.13% | 6.50% | 8.99% | +641 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |