Tecumseh, MI · Cert 13177
FDIC · 19 branches
Q2 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2014, the quarter ended June 30, 2014, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Tecumseh, MI · Cert 13177
FDIC · 19 branches
Q2 2014
Market Position · Ann Arbor, MI · 2014 SOD (annual) · 4.6% share · #8 of 21 inst. · $0.3B of $6.9B
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 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.53% | 0.57% | 0.88% | 0.93% | 0.96% | 1.03% | 1.19% | 1.30% | +37 bps | |
| Return on Equity | 5.28% | 5.64% | 8.82% | 9.28% | 9.67% | 10.38% | 12.30% | 13.18% | +389 bps | |
| Net Interest Margin | 3.43% | 3.37% | 3.23% | 3.36% | 3.38% | 3.48% | 3.66% | 3.78% | +42 bps | |
| Efficiency Ratio | 69.88% | 70.22% | 70.87% | 71.46% | 71.56% | 71.00% | 68.82% | 66.70% | -476 bps | |
| Non-Interest Burden | 1.72% | 1.67% | 1.54% | 1.68% | 1.74% | 1.80% | 1.93% | 1.86% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.41% | 2.55% | 1.47% | 2.58% | 2.30% | -0.89% | -0.62% | -2.85% | -543 bps | |
| Loan Growth (YoY) | 3.12% | 4.91% | 3.84% | 6.53% | 7.95% | 8.41% | 7.91% | 6.29% | -24 bps | |
| Deposit Growth (YoY) | -0.28% | 2.58% | 1.62% | 4.52% | 4.17% | 0.58% | 0.86% | -3.46% | -797 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 | 1.07% | 1.07% | 0.91% | 0.68% | 0.51% | 0.61% | 0.85% | 0.57% | -12 bps | |
| Allowance / Loans | 3.72% | 3.76% | 3.63% | 3.51% | 3.37% | 3.14% | 2.90% | 2.79% | -73 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 | 15.61% | 15.65% | 15.69% | 15.15% | 14.85% | 14.84% | 14.62% | 14.55% | -61 bps | |
| Equity / Assets | 10.25% | 10.07% | 9.94% | 9.91% | 9.77% | 9.80% | 9.60% | 10.15% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.41% | 75.99% | 75.28% | 78.23% | 80.22% | 81.91% | 80.53% | 86.13% | +790 bps | |
| Liquid Assets / Assets | 5.80% | 6.30% | 7.56% | 4.00% | 0.94% | 1.43% | 4.22% | 0.39% | -361 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |