Home > Progress Bank of Florida > Performance and Condition Ratios
Progress Bank of Florida, Performance and Condition Ratios
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.3024% | 3,344 |
| Cost of funding earning assets | 2.4844% | 148 |
| Net interest margin | 2.8180% | 7,109 |
| Noninterest income to average assets | 0.0516% | 7,260 |
| Noninterest expense to average assets | 3.9343% | 1,147 |
| Loan and lease loss provision to assets | 2.4439% | 443 |
| Net operating income to assets | -3.6893% | 7,541 |
| Return on assets (ROA) | -3.6941% | 7,552 |
| Pretax return on assets | -3.6941% | 7,527 |
| Return on Equity (ROE) | -182.0948% | 7,742 |
| Retained earnings to average equity (ytd only) | -182.0948% | 7,742 |
| Net charge-offs to loans | 10.6963% | 21 |
| Credit loss provision to net charge-offs | 26.5181% | 6,187 |
| Earnings coverage of net charge-offs (x) | -0.1351% | 6,134 |
| Efficiency ratio | 145.2881% | 224 |
| Assets per employee ($millions) | 5.5778% | 1,555 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,526 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.1979% | 1,811 |
| Loan loss allowance to noncurrent loans | 11.2296% | 7,163 |
| Noncurrent assets plus other real estate owned to assets | 16.7828% | 108 |
| Noncurrent loans to loans | 19.5725% | 84 |
| Net loans and leases to total assets | 83.5304% | 362 |
| Net loans and leases to deposits | 91.1871% | 1,549 |
| Net loans and leases to core deposits | 105.9981% | 1,321 |
| Total domestic deposits to total assets | 91.6033% | 281 |
| Equity capital to assets | 0.4988% | 7,751 |
| Core capital (leverage) ratio | 0.3418% | 7,750 |
| Tier 1 risk-based capital ratio | 0.4664% | 7,750 |
| Total risk-based capital ratio | 0.9327% | 7,750 |
| Memoranda: | ||
| Average total assets | $111,021,500 | 4,739 |
| Average earning assets | $103,900,000 | 4,674 |
| Average equity | $2,252,250 | 7,557 |
| Average total loans | $95,656,750 | 3,979 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.3663% | 3,126 |
| Cost of funding earning assets | 2.5500% | 148 |
| Net interest margin | 2.8162% | 7,121 |
| Noninterest income to average assets | 0.0567% | 7,307 |
| Noninterest expense to average assets | 3.6815% | 1,588 |
| Loan and lease loss provision to assets | 2.1474% | 566 |
| Net operating income to assets | -3.1369% | 7,525 |
| Return on assets (ROA) | -3.1438% | 7,530 |
| Pretax return on assets | -3.1438% | 7,491 |
| Return on Equity (ROE) | -128.6318% | 7,767 |
| Retained earnings to average equity (ytd only) | -128.6318% | 7,767 |
| Net charge-offs to loans | 9.3051% | 42 |
| Credit loss provision to net charge-offs | 26.7208% | 5,781 |
| Earnings coverage of net charge-offs (x) | -0.1231% | 5,822 |
| Efficiency ratio | 135.8009% | 275 |
| Assets per employee ($millions) | 5.5336% | 1,588 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,319 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.5791% | 238 |
| Loan loss allowance to noncurrent loans | 21.7517% | 6,858 |
| Noncurrent assets plus other real estate owned to assets | 16.6891% | 101 |
| Noncurrent loans to loans | 21.0517% | 69 |
| Net loans and leases to total assets | 75.1471% | 1,661 |
| Net loans and leases to deposits | 82.1401% | 3,250 |
| Net loans and leases to core deposits | 107.1106% | 1,364 |
| Total domestic deposits to total assets | 91.4865% | 331 |
| Equity capital to assets | 1.5469% | 7,804 |
| Core capital (leverage) ratio | 1.4054% | 7,800 |
| Tier 1 risk-based capital ratio | 2.0208% | 7,797 |
| Total risk-based capital ratio | 3.3187% | 7,797 |
| Memoranda: | ||
| Average total assets | $116,421,000 | 4,644 |
| Average earning assets | $108,939,330 | 4,585 |
| Average equity | $2,845,330 | 7,462 |
| Average total loans | $100,547,000 | 3,878 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.4815% | 2,680 |
| Cost of funding earning assets | 2.7156% | 111 |
| Net interest margin | 2.7659% | 7,230 |
| Noninterest income to average assets | 0.0805% | 7,299 |
| Noninterest expense to average assets | 3.1652% | 2,993 |
| Loan and lease loss provision to assets | 0.8383% | 1,507 |
| Net operating income to assets | -1.3412% | 7,274 |
| Return on assets (ROA) | -1.0294% | 7,144 |
| Pretax return on assets | -1.0294% | 7,062 |
| Return on Equity (ROE) | -35.9906% | 7,622 |
| Retained earnings to average equity (ytd only) | -35.9906% | 7,604 |
| Net charge-offs to loans | 8.3848% | 84 |
| Credit loss provision to net charge-offs | 11.1210% | 5,034 |
| Earnings coverage of net charge-offs (x) | -0.0667% | 5,079 |
| Efficiency ratio | 117.8841% | 470 |
| Assets per employee ($millions) | 5.4276% | 1,740 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,528 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 5.1520% | 160 |
| Loan loss allowance to noncurrent loans | 27.2837% | 6,580 |
| Noncurrent assets plus other real estate owned to assets | 16.7327% | 101 |
| Noncurrent loans to loans | 18.8829% | 96 |
| Net loans and leases to total assets | 83.5805% | 412 |
| Net loans and leases to deposits | 91.8285% | 1,635 |
| Net loans and leases to core deposits | 125.5216% | 598 |
| Total domestic deposits to total assets | 91.0181% | 536 |
| Equity capital to assets | 2.6196% | 7,867 |
| Core capital (leverage) ratio | 2.5745% | 7,863 |
| Tier 1 risk-based capital ratio | 3.5547% | 7,857 |
| Total risk-based capital ratio | 4.8656% | 7,857 |
| Memoranda: | ||
| Average total assets | $119,296,000 | 4,648 |
| Average earning assets | $111,355,500 | 4,576 |
| Average equity | $3,412,000 | 7,368 |
| Average total loans | $107,242,000 | 3,749 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.9916% | 1,907 |
| Cost of funding earning assets | 3.4231% | 61 |
| Net interest margin | 2.5685% | 7,357 |
| Noninterest income to average assets | -0.0797% | 7,787 |
| Noninterest expense to average assets | 3.4593% | 2,495 |
| Loan and lease loss provision to assets | 5.6627% | 133 |
| Net operating income to assets | -7.0389% | 7,896 |
| Return on assets (ROA) | -7.0389% | 7,892 |
| Pretax return on assets | -6.8016% | 7,854 |
| Return on Equity (ROE) | -83.8129% | 7,881 |
| Retained earnings to average equity (ytd only) | -83.8129% | 7,876 |
| Net charge-offs to loans | 0.3817% | 4,298 |
| Credit loss provision to net charge-offs | 1,767.0270% | 177 |
| Earnings coverage of net charge-offs (x) | -3.5541% | 7,077 |
| Efficiency ratio | 147.9657% | 330 |
| Assets per employee ($millions) | 5.4175% | 1,727 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,015 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 6.7901% | 67 |
| Loan loss allowance to noncurrent loans | 42.5231% | 5,577 |
| Noncurrent assets plus other real estate owned to assets | 14.6638% | 146 |
| Noncurrent loans to loans | 15.9680% | 148 |
| Net loans and leases to total assets | 85.4495% | 310 |
| Net loans and leases to deposits | 94.3935% | 1,550 |
| Net loans and leases to core deposits | 134.0145% | 1,052 |
| Total domestic deposits to total assets | 90.5248% | 734 |
| Equity capital to assets | 3.1011% | 7,912 |
| Core capital (leverage) ratio | 2.8561% | 7,916 |
| Tier 1 risk-based capital ratio | 3.8283% | 7,914 |
| Total risk-based capital ratio | 5.1618% | 7,915 |
| Memoranda: | ||
| Average total assets | $115,458,000 | 4,690 |
| Average earning assets | $107,884,400 | 4,634 |
| Average equity | $9,696,600 | 5,383 |
| Average total loans | $96,925,000 | 4,036 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.6513% | 3,568 |
| Cost of funding earning assets | 3.5092% | 68 |
| Net interest margin | 2.1421% | 7,739 |
| Noninterest income to average assets | -0.1036% | 7,932 |
| Noninterest expense to average assets | 3.2970% | 2,933 |
| Loan and lease loss provision to assets | 1.2410% | 1,561 |
| Net operating income to assets | -1.6741% | 7,185 |
| Return on assets (ROA) | -1.6741% | 7,182 |
| Pretax return on assets | -2.6369% | 7,399 |
| Return on Equity (ROE) | -17.1236% | 7,279 |
| Retained earnings to average equity (ytd only) | -17.1236% | 7,238 |
| Net charge-offs to loans | 0.0966% | 5,704 |
| Credit loss provision to net charge-offs | 1,567.6471% | 247 |
| Earnings coverage of net charge-offs (x) | -17.6332% | 6,933 |
| Efficiency ratio | 172.0147% | 226 |
| Assets per employee ($millions) | 5.0346% | 2,105 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,688 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.0895% | 1,619 |
| Loan loss allowance to noncurrent loans | 25.0111% | 6,785 |
| Noncurrent assets plus other real estate owned to assets | 7.2911% | 629 |
| Noncurrent loans to loans | 8.3543% | 560 |
| Net loans and leases to total assets | 83.7278% | 573 |
| Net loans and leases to deposits | 97.9615% | 1,334 |
| Net loans and leases to core deposits | 143.7218% | 774 |
| Total domestic deposits to total assets | 85.4701% | 2,987 |
| Equity capital to assets | 8.2326% | 6,595 |
| Core capital (leverage) ratio | 7.2527% | 7,222 |
| Tier 1 risk-based capital ratio | 9.1472% | 7,558 |
| Total risk-based capital ratio | 10.4092% | 7,560 |
| Memoranda: | ||
| Average total assets | $114,526,250 | 4,727 |
| Average earning assets | $107,182,000 | 4,675 |
| Average equity | $11,196,750 | 5,019 |
| Average total loans | $93,840,750 | 4,149 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.4481% | 4,907 |
| Cost of funding earning assets | 3.5288% | 102 |
| Net interest margin | 1.9192% | 7,903 |
| Noninterest income to average assets | -0.1029% | 8,031 |
| Noninterest expense to average assets | 3.2290% | 3,239 |
| Loan and lease loss provision to assets | 0.0758% | 6,429 |
| Net operating income to assets | -1.0294% | 7,007 |
| Return on assets (ROA) | -1.0294% | 7,004 |
| Pretax return on assets | -1.6055% | 7,136 |
| Return on Equity (ROE) | -9.9346% | 7,030 |
| Retained earnings to average equity (ytd only) | -9.9346% | 6,871 |
| Net charge-offs to loans | 0.0291% | 6,060 |
| Credit loss provision to net charge-offs | 323.0769% | 1,446 |
| Earnings coverage of net charge-offs (x) | -65.1538% | 6,603 |
| Efficiency ratio | 188.4166% | 222 |
| Assets per employee ($millions) | 5.1578% | 1,906 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3094% | 4,215 |
| Loan loss allowance to noncurrent loans | 18.3671% | 7,223 |
| Noncurrent assets plus other real estate owned to assets | 5.7995% | 847 |
| Noncurrent loans to loans | 7.1288% | 675 |
| Net loans and leases to total assets | 77.9393% | 1,754 |
| Net loans and leases to deposits | 95.7731% | 1,834 |
| Net loans and leases to core deposits | 140.0749% | 1,007 |
| Total domestic deposits to total assets | 81.3792% | 4,932 |
| Equity capital to assets | 9.0624% | 5,224 |
| Core capital (leverage) ratio | 9.0285% | 4,582 |
| Tier 1 risk-based capital ratio | 11.1644% | 5,713 |
| Total risk-based capital ratio | 12.4159% | 5,628 |
| Memoranda: | ||
| Average total assets | $110,746,670 | 4,865 |
| Average earning assets | $104,000,330 | 4,789 |
| Average equity | $11,475,000 | 4,958 |
| Average total loans | $89,243,330 | 4,297 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.3244% | 5,789 |
| Cost of funding earning assets | 3.6027% | 113 |
| Net interest margin | 1.7218% | 8,000 |
| Noninterest income to average assets | -0.0345% | 8,106 |
| Noninterest expense to average assets | 3.2736% | 2,729 |
| Loan and lease loss provision to assets | 0.0921% | 5,779 |
| Net operating income to assets | -1.1398% | 7,328 |
| Return on assets (ROA) | -1.1398% | 7,339 |
| Pretax return on assets | -1.7807% | 7,466 |
| Return on Equity (ROE) | -10.2383% | 7,377 |
| Retained earnings to average equity (ytd only) | -10.2383% | 7,134 |
| Net charge-offs to loans | -0.0282% | 7,540 |
| Credit loss provision to net charge-offs | -400.0000% | 6,364 |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 204.6005% | 176 |
| Assets per employee ($millions) | 5.2036% | 1,840 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.4767% | 3,108 |
| Loan loss allowance to noncurrent loans | 24.9513% | 6,905 |
| Noncurrent assets plus other real estate owned to assets | 4.9801% | 908 |
| Noncurrent loans to loans | 5.9182% | 821 |
| Net loans and leases to total assets | 78.2130% | 1,774 |
| Net loans and leases to deposits | 99.0233% | 1,530 |
| Net loans and leases to core deposits | 146.1316% | 856 |
| Total domestic deposits to total assets | 78.9844% | 5,733 |
| Equity capital to assets | 10.4936% | 3,470 |
| Core capital (leverage) ratio | 10.9571% | 2,532 |
| Tier 1 risk-based capital ratio | 13.8319% | 3,674 |
| Total risk-based capital ratio | 15.0815% | 3,604 |
| Memoranda: | ||
| Average total assets | $104,227,000 | 5,061 |
| Average earning assets | $98,038,500 | 4,970 |
| Average equity | $11,603,500 | 4,956 |
| Average total loans | $84,986,000 | 4,461 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.6286% | 2,356 |
| Cost of funding earning assets | 3.6207% | 357 |
| Net interest margin | 3.0079% | 6,887 |
| Noninterest income to average assets | -0.1019% | 8,203 |
| Noninterest expense to average assets | 9.7658% | 149 |
| Loan and lease loss provision to assets | 2.3754% | 457 |
| Net operating income to assets | -8.2363% | 8,227 |
| Return on assets (ROA) | -8.2363% | 8,225 |
| Pretax return on assets | -9.5218% | 8,238 |
| Return on Equity (ROE) | -40.9076% | 8,087 |
| Retained earnings to average equity (ytd only) | -40.9076% | 8,057 |
| Net charge-offs to loans | 3.3566% | 240 |
| Credit loss provision to net charge-offs | 84.4211% | 5,793 |
| Earnings coverage of net charge-offs (x) | -2.5398% | 6,739 |
| Efficiency ratio | 128.9462% | 474 |
| Assets per employee ($millions) | 5.5099% | 1,452 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.5032% | 2,672 |
| Loan loss allowance to noncurrent loans | 48.4133% | 5,588 |
| Noncurrent assets plus other real estate owned to assets | 2.8938% | 1,607 |
| Noncurrent loans to loans | 3.1049% | 1,714 |
| Net loans and leases to total assets | 82.6514% | 1,110 |
| Net loans and leases to deposits | 112.0632% | 703 |
| Net loans and leases to core deposits | 151.1144% | 814 |
| Total domestic deposits to total assets | 73.7543% | 6,693 |
| Equity capital to assets | 11.8373% | 2,399 |
| Core capital (leverage) ratio | 11.4384% | 2,291 |
| Tier 1 risk-based capital ratio | 15.3544% | 2,895 |
| Total risk-based capital ratio | 16.6099% | 2,828 |
| Memoranda: | ||
| Average total assets | $84,406,400 | 5,542 |
| Average earning assets | $76,366,400 | 5,572 |
| Average equity | $16,994,400 | 3,742 |
| Average total loans | $70,757,000 | 4,836 |