Ishpeming, MI · Cert 11401
FDIC · 6 branches
Q3 2014
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.24% | 0.70% | -0.10% | 1.81% | -2.48% | -224 bps | |
| Return on Equity | -1.95% | 5.42% | -0.75% | 13.24% | -17.90% | -1,596 bps | |
| Net Interest Margin | 3.17% | 3.23% | 3.07% | 3.19% | 3.31% | +14 bps | |
| Efficiency Ratio | 87.97% | 90.21% | 95.91% | 53.21% | 171.95% | +8,398 bps | |
| Non-Interest Burden | 2.73% | 2.85% | 2.93% | 0.28% | 5.82% | +309 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -4.89% | -5.05% | -1.53% | -5.47% | -5.24% | -35 bps | |
| Loan Growth (YoY) | -12.78% | -10.49% | -8.19% | -7.09% | -2.52% | +1,026 bps | |
| Deposit Growth (YoY) | -4.01% | -4.74% | -1.38% | -6.92% | -6.32% | -231 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.27% | 4.46% | 0.30% | -0.01% | -0.35% | -62 bps | |
| Allowance / Loans | 2.91% | 1.99% | 2.10% | 2.38% | 2.59% | -32 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 22.37% | 23.77% | 23.97% | 24.84% | 23.74% | +137 bps | |
| Equity / Assets | 12.07% | 13.76% | 13.11% | 14.26% | 13.40% | +134 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 66.95% | 71.26% | 65.55% | 70.99% | 69.67% | +272 bps | |
| Liquid Assets / Assets | 3.83% | 3.56% | 10.67% | 5.79% | 7.41% | +357 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |