Home > First Federal Bank of North Florida > Performance and Condition Ratios
First Federal Bank of North Florida, Performance and Condition Ratios
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.7819% | 1,516 |
| Cost of funding earning assets | 2.2051% | 582 |
| Net interest margin | 3.5768% | 4,829 |
| Noninterest income to average assets | 0.0566% | 7,431 |
| Noninterest expense to average assets | 2.6031% | 5,350 |
| Loan and lease loss provision to assets | 0.0000% | 6,552 |
| Net operating income to assets | 0.1966% | 5,703 |
| Return on assets (ROA) | 0.1966% | 5,820 |
| Pretax return on assets | 0.2897% | 5,637 |
| Return on Equity (ROE) | 13.0667% | 1,236 |
| Retained earnings to average equity (ytd only) | 13.0667% | 612 |
| Net charge-offs to loans | 0.8788% | 1,800 |
| Credit loss provision to net charge-offs | 0.0000% | 5,126 |
| Earnings coverage of net charge-offs (x) | 0.4278% | 4,647 |
| Efficiency ratio | 89.8873% | 1,446 |
| Assets per employee ($millions) | 4.8902% | 2,379 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.8038% | 434 |
| Loan loss allowance to noncurrent loans | 41.1612% | 5,607 |
| Noncurrent assets plus other real estate owned to assets | 8.7276% | 524 |
| Noncurrent loans to loans | 9.2411% | 509 |
| Net loans and leases to total assets | 69.4126% | 3,067 |
| Net loans and leases to deposits | 82.6531% | 3,170 |
| Net loans and leases to core deposits | 86.0689% | 3,883 |
| Total domestic deposits to total assets | 83.9806% | 4,156 |
| Equity capital to assets | 1.4205% | 7,899 |
| Core capital (leverage) ratio | -0.8607% | 7,925 |
| Tier 1 risk-based capital ratio | -1.4126% | 7,926 |
| Total risk-based capital ratio | -1.4126% | 7,926 |
| Memoranda: | ||
| Average total assets | $417,035,500 | 1,671 |
| Average earning assets | $330,689,500 | 1,895 |
| Average equity | $6,275,500 | 6,426 |
| Average total loans | $321,354,000 | 1,469 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.0422% | 1,705 |
| Cost of funding earning assets | 2.8475% | 381 |
| Net interest margin | 3.1947% | 6,116 |
| Noninterest income to average assets | -0.1480% | 7,834 |
| Noninterest expense to average assets | 2.7537% | 5,155 |
| Loan and lease loss provision to assets | 8.9190% | 24 |
| Net operating income to assets | -5.5943% | 7,803 |
| Return on assets (ROA) | -5.5943% | 7,797 |
| Pretax return on assets | -8.9945% | 7,947 |
| Return on Equity (ROE) | -108.9992% | 7,953 |
| Retained earnings to average equity (ytd only) | -108.9992% | 7,953 |
| Net charge-offs to loans | 7.4544% | 98 |
| Credit loss provision to net charge-offs | 140.8574% | 3,449 |
| Earnings coverage of net charge-offs (x) | -0.0119% | 6,217 |
| Efficiency ratio | 102.7310% | 984 |
| Assets per employee ($millions) | 4.1909% | 3,457 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.9332% | 380 |
| Loan loss allowance to noncurrent loans | 53.3812% | 4,789 |
| Noncurrent assets plus other real estate owned to assets | 7.6028% | 630 |
| Noncurrent loans to loans | 7.3682% | 725 |
| Net loans and leases to total assets | 79.2844% | 1,138 |
| Net loans and leases to deposits | 96.3424% | 1,292 |
| Net loans and leases to core deposits | 140.3984% | 797 |
| Total domestic deposits to total assets | 82.2944% | 4,817 |
| Equity capital to assets | 1.5989% | 7,972 |
| Core capital (leverage) ratio | -0.9309% | 8,004 |
| Tier 1 risk-based capital ratio | -1.3400% | 8,004 |
| Total risk-based capital ratio | -1.3400% | 8,004 |
| Memoranda: | ||
| Average total assets | $416,998,000 | 1,652 |
| Average earning assets | $368,889,200 | 1,712 |
| Average equity | $21,402,000 | 3,026 |
| Average total loans | $354,208,800 | 1,364 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.0936% | 1,670 |
| Cost of funding earning assets | 2.8949% | 471 |
| Net interest margin | 3.1987% | 6,027 |
| Noninterest income to average assets | -0.0148% | 7,870 |
| Noninterest expense to average assets | 2.4874% | 6,111 |
| Loan and lease loss provision to assets | 5.5125% | 136 |
| Net operating income to assets | -3.2020% | 7,632 |
| Return on assets (ROA) | -3.2020% | 7,636 |
| Pretax return on assets | -5.1583% | 7,830 |
| Return on Equity (ROE) | -53.7657% | 7,861 |
| Retained earnings to average equity (ytd only) | -53.7657% | 7,855 |
| Net charge-offs to loans | 4.7784% | 252 |
| Credit loss provision to net charge-offs | 134.9209% | 3,683 |
| Earnings coverage of net charge-offs (x) | 0.0867% | 5,961 |
| Efficiency ratio | 87.4473% | 1,922 |
| Assets per employee ($millions) | 4.7238% | 2,520 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.8863% | 2,066 |
| Loan loss allowance to noncurrent loans | 22.2913% | 6,954 |
| Noncurrent assets plus other real estate owned to assets | 7.8648% | 555 |
| Noncurrent loans to loans | 8.4619% | 548 |
| Net loans and leases to total assets | 76.4217% | 1,913 |
| Net loans and leases to deposits | 94.3120% | 1,830 |
| Net loans and leases to core deposits | 138.7758% | 977 |
| Total domestic deposits to total assets | 81.0308% | 5,072 |
| Equity capital to assets | 4.2863% | 7,989 |
| Core capital (leverage) ratio | 3.2186% | 8,020 |
| Tier 1 risk-based capital ratio | 4.9716% | 7,996 |
| Total risk-based capital ratio | 6.2345% | 8,002 |
| Memoranda: | ||
| Average total assets | $422,760,250 | 1,652 |
| Average earning assets | $377,522,750 | 1,681 |
| Average equity | $25,177,750 | 2,617 |
| Average total loans | $361,479,000 | 1,355 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.1055% | 1,774 |
| Cost of funding earning assets | 2.9605% | 518 |
| Net interest margin | 3.1450% | 6,108 |
| Noninterest income to average assets | 0.0688% | 7,641 |
| Noninterest expense to average assets | 2.5973% | 5,750 |
| Loan and lease loss provision to assets | 4.0215% | 304 |
| Net operating income to assets | -2.2585% | 7,494 |
| Return on assets (ROA) | -2.2585% | 7,493 |
| Pretax return on assets | -3.6457% | 7,700 |
| Return on Equity (ROE) | -34.4817% | 7,777 |
| Retained earnings to average equity (ytd only) | -34.4817% | 7,754 |
| Net charge-offs to loans | 2.2461% | 801 |
| Credit loss provision to net charge-offs | 202.9626% | 2,248 |
| Earnings coverage of net charge-offs (x) | 0.1897% | 5,480 |
| Efficiency ratio | 87.2633% | 2,099 |
| Assets per employee ($millions) | 4.0343% | 3,614 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7435% | 2,204 |
| Loan loss allowance to noncurrent loans | 17.6966% | 7,249 |
| Noncurrent assets plus other real estate owned to assets | 9.9539% | 296 |
| Noncurrent loans to loans | 9.8524% | 362 |
| Net loans and leases to total assets | 84.6259% | 546 |
| Net loans and leases to deposits | 98.8736% | 1,407 |
| Net loans and leases to core deposits | 145.0676% | 795 |
| Total domestic deposits to total assets | 85.5899% | 2,965 |
| Equity capital to assets | 5.8818% | 7,948 |
| Core capital (leverage) ratio | 5.5024% | 7,983 |
| Tier 1 risk-based capital ratio | 7.7779% | 7,935 |
| Total risk-based capital ratio | 9.0388% | 7,950 |
| Memoranda: | ||
| Average total assets | $415,667,000 | 1,700 |
| Average earning assets | $383,849,000 | 1,687 |
| Average equity | $27,226,000 | 2,455 |
| Average total loans | $366,683,000 | 1,359 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.2574% | 1,418 |
| Cost of funding earning assets | 3.0821% | 483 |
| Net interest margin | 3.1753% | 5,936 |
| Noninterest income to average assets | -0.0404% | 8,109 |
| Noninterest expense to average assets | 2.5718% | 5,562 |
| Loan and lease loss provision to assets | 2.0532% | 584 |
| Net operating income to assets | -1.0536% | 7,285 |
| Return on assets (ROA) | -1.0536% | 7,297 |
| Pretax return on assets | -1.7146% | 7,442 |
| Return on Equity (ROE) | -15.3048% | 7,613 |
| Retained earnings to average equity (ytd only) | -15.3048% | 7,451 |
| Net charge-offs to loans | 1.5555% | 928 |
| Credit loss provision to net charge-offs | 147.8863% | 2,818 |
| Earnings coverage of net charge-offs (x) | 0.2439% | 4,783 |
| Efficiency ratio | 88.2645% | 1,871 |
| Assets per employee ($millions) | 4.0799% | 3,492 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.7255% | 7,369 |
| Loan loss allowance to noncurrent loans | 8.9682% | 7,524 |
| Noncurrent assets plus other real estate owned to assets | 8.0454% | 364 |
| Noncurrent loans to loans | 8.0901% | 440 |
| Net loans and leases to total assets | 87.6208% | 300 |
| Net loans and leases to deposits | 103.1516% | 1,075 |
| Net loans and leases to core deposits | 150.9156% | 676 |
| Total domestic deposits to total assets | 84.9436% | 3,234 |
| Equity capital to assets | 6.6821% | 7,816 |
| Core capital (leverage) ratio | 6.7517% | 7,782 |
| Tier 1 risk-based capital ratio | 9.5790% | 7,365 |
| Total risk-based capital ratio | 10.4880% | 7,626 |
| Memoranda: | ||
| Average total assets | $415,732,500 | 1,709 |
| Average earning assets | $386,359,500 | 1,690 |
| Average equity | $28,618,500 | 2,377 |
| Average total loans | $371,079,000 | 1,359 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.7485% | 1,869 |
| Cost of funding earning assets | 3.5245% | 484 |
| Net interest margin | 3.2240% | 6,290 |
| Noninterest income to average assets | 0.2153% | 6,893 |
| Noninterest expense to average assets | 2.4126% | 6,354 |
| Loan and lease loss provision to assets | 1.4548% | 935 |
| Net operating income to assets | -0.3680% | 6,790 |
| Return on assets (ROA) | -0.3680% | 6,665 |
| Pretax return on assets | -0.6134% | 6,745 |
| Return on Equity (ROE) | -4.8668% | 6,851 |
| Retained earnings to average equity (ytd only) | -4.8668% | 6,491 |
| Net charge-offs to loans | 1.4777% | 782 |
| Credit loss provision to net charge-offs | 108.1854% | 4,970 |
| Earnings coverage of net charge-offs (x) | 0.6257% | 5,847 |
| Efficiency ratio | 73.9261% | 3,592 |
| Assets per employee ($millions) | 4.1963% | 3,122 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.5387% | 7,781 |
| Loan loss allowance to noncurrent loans | 8.9948% | 7,516 |
| Noncurrent assets plus other real estate owned to assets | 6.3778% | 444 |
| Noncurrent loans to loans | 5.9891% | 597 |
| Net loans and leases to total assets | 89.7925% | 210 |
| Net loans and leases to deposits | 110.2413% | 814 |
| Net loans and leases to core deposits | 161.6683% | 541 |
| Total domestic deposits to total assets | 81.4508% | 4,432 |
| Equity capital to assets | 7.0901% | 7,688 |
| Core capital (leverage) ratio | 7.1809% | 7,543 |
| Tier 1 risk-based capital ratio | 10.0740% | 6,655 |
| Total risk-based capital ratio | 10.7565% | 7,221 |
| Memoranda: | ||
| Average total assets | $410,642,800 | 1,654 |
| Average earning assets | $387,033,200 | 1,601 |
| Average equity | $31,047,400 | 2,168 |
| Average total loans | $373,696,200 | 1,302 |