Ishpeming, MI · Cert 11401
FDIC · 6 branches
Q3 2014
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 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | 0.20% | 0.17% | 0.04%1 | 0.20% | -0.10% | 0.86% | -0.24% | -28 bps | |
| Return on Equity | 3.82% | 1.58% | 1.37% | 0.28% | 1.57% | -0.75% | 6.30% | -1.78% | -206 bps | |
| Net Interest Margin | 3.68% | 3.22% | 3.24% | 3.23% | 3.30% | 3.07% | 3.13% | 3.26% | +3 bps | |
| Efficiency Ratio | 75.05% | 85.53% | 87.15% | 87.42% | 88.12% | 95.91% | 68.65% | 95.18% | +776 bps | |
| Non-Interest Burden | 2.62% | 2.69% | 2.76% | 2.76% | 2.84% | 2.93% | 1.60% | 3.04% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.58% | -5.63% | -3.33% | -4.89% | -5.05% | -1.53% | -5.47% | -5.24% | -35 bps | |
| Loan Growth (YoY) | -11.71% | -14.50% | -11.06% | -12.78% | -10.49% | -8.19% | -7.09% | -2.52% | +1,026 bps | |
| Deposit Growth (YoY) | -4.54% | -4.14% | -2.36% | -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% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.66% | 0.70% | 0.52% | 0.45% | 1.46% | 0.30% | 0.15% | -0.02% | -47 bps | |
| Allowance / Loans | 2.40% | 2.46% | 2.59% | 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 | 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 | 21.44% | 22.01% | 22.54% | 22.37% | 23.77% | 23.97% | 24.84% | 23.74% | +137 bps | |
| Equity / Assets | 12.82% | 12.52% | 12.42% | 12.07% | 13.76% | 13.11% | 14.26% | 13.40% | +134 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.84% | 70.41% | 71.12% | 66.95% | 71.26% | 65.55% | 70.99% | 69.67% | +272 bps | |
| Liquid Assets / Assets | 0.72% | 1.52% | 4.23% | 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 | n/a | n/a | n/a |