Exhibit 99.3
Seacoast Banking Corporation of Florida
Loans Outstanding
(percent of total outstandings)
1999 | 2000 | 2001 | 2002 | M-03 | J-03 | S-03 | D-03 | |
Consumer | 12% | 18% | 21% | 23% | 21% | 21% | 21% | 21% |
Commercial | 28% | 31% | 35% | 42% | 45% | 46% | 50% | 51% |
Residential | 60% | 51% | 44% | 35% | 34% | 33% | 29% | 28% |
Total Loans (in millions) | $ 778 | $ 845 | $ 785 | $ 688 | $ 662 | $ 651 | $666 | $ 709 |
Deposit Growth
(in millions)
Dec-02 | Mar-03 | Jun-03 | Sep-03 | 3-Dec | % Growth | |
NOW & Savings | $473 | $491 | $497 | $512 | $528 | 11.60% |
Time | $373 | $364 | $372 | $358 | $369 | |
DDA | $185 | $196 | $205 | $211 | $233 | 26.30% |
Total Deposits | 9.60% |
Non-performing Assets (NPAs)/ Total Assets
FY1998 | FY1999 | FY2000 | FY2001 | FY2002 | FY2003 | |
Seacoast | 0.25% | 0.25% | 0.21% | 0.21% | 0.18% | 0.22% |
FL Community Banks | 0.53% | 0.50% | 0.88% | 0.30% | 0.30% | 0.45% |
Net Charge-off Ratio
FY1997 | FY1998 | FY1999 | FY2000 | FY2001 | FY2002 | FY2003 | |
Seacoast | 0.21% | 0.11% | 0.02% | 0.03% | 0.02% | 0.03% | 0.10% |
FL Community Banks | 0.26% | 0.27% | 0.25% | 0.26% | 0.36% | 0.37% | 0.22% |
Loan Loss Reserves/ Nonperforming Loans
FY1998 | FY1999 | FY2000 | FY2001 | FY2002 | FY2003 | |
Seacoast | 262.32% | 285.42% | 343.88% | 290.30% | 304.60% | 565.00% |
FL Community Banks | 172.58% | 181.94% | 146.98% | 213.49% | 203.12% | 206.62% |
Loan Portfolio Compostion
Q1-2003 | Q2-2003 | Q3-2003 | Q4-2003 | |
Real Estate Construction | $84.8 | $83.9 | $93.5 | $107.3 |
Residential Real Estate | 216.6 | 202.4 | 188.6 | 199.5 |
Commercial Real Estate | 235.9 | 242.1 | 260.9 | 270.9 |
Installment Loans | 82.0 | 79.3 | 78.9 | 84.5 |
C&I | 41.8 | 43 | 41.9 | 46.3 |