Howell, MI · Cert 14370
FDIC · 9 branches
Q3 2021
Market Position · Detroit-Warren-Dearborn, MI · 2021 SOD (annual) · 0.3% share · #14 of 43 inst. · $0.6B of $202.0B
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.37% | 1.35% | 1.07% | 0.97% | 1.20% | -17 bps | |
| Return on Equity | 11.94% | 11.86% | 10.48% | 9.75% | 12.09% | +15 bps | |
| Net Interest Margin | 3.67% | 3.69% | 3.32% | 3.07% | 3.21% | -46 bps | |
| Efficiency Ratio | 62.08% | 61.30% | 67.54% | 68.95% | 63.65% | +158 bps | |
| Non-Interest Burden | 1.91% | 1.89% | 1.98% | 1.90% | 1.79% | -12 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 25.54% | 27.72% | 47.26% | 26.39% | 22.80% | -274 bps | |
| Loan Growth (YoY) | 11.94% | 7.43% | 10.43% | 2.96% | 10.74% | -120 bps | |
| Deposit Growth (YoY) | 32.00% | 29.63% | 50.82% | 28.46% | 23.83% | -817 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.44% | 0.43% | 0.40% | 0.42% | 1.19% | +75 bps | |
| Net Charge-Offs / Loans | -0.04% | -0.06% | 0.05% | 0.00% | 0.01% | +6 bps | |
| Allowance / Loans | 1.75% | 1.97% | 1.89% | 1.80% | 1.71% | -5 bps | |
| Allowance Coverage of NPLs | 4.0x | 4.6x | 4.7x | 4.3x | 1.4x | -2.6x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.77% | 11.00% | 10.36% | 9.79% | 9.77% | -100 bps | |
| Total Risk-Based Capital | 16.27% | 16.04% | 16.24% | 15.62% | 14.97% | -130 bps | |
| Equity / Assets | 10.67% | 10.81% | 9.60% | 9.69% | 9.80% | -87 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 83.61% | 79.38% | 71.13% | 73.13% | 74.77% | -884 bps | |
| Liquid Assets / Assets | 16.78% | 14.78% | 22.26% | 15.27% | 9.21% | -757 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |