Ionia, MI · Cert 14471
FDIC
Q4 2012
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.22% | 0.31% | 0.35% | 0.61% | 0.38% | 0.41% | 0.19% | 0.56% | -5 bps | |
| Return on Equity | 1.31% | 1.86% | 2.10% | 3.56% | 2.24% | 2.59% | 1.29% | 3.83% | +27 bps | |
| Net Interest Margin | 3.48% | 3.66% | 3.55% | 3.51% | 3.38% | 3.45% | 3.47% | 3.27% | -24 bps | |
| Efficiency Ratio | 84.18% | 80.17% | 79.69% | 71.75% | 76.05% | 79.69% | 84.23% | 83.19% | +1,144 bps | |
| Non-Interest Burden | 3.08% | 3.06% | 2.94% | 2.47% | 2.60% | 2.80% | 3.05% | 2.73% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.49% | -4.65% | 0.39% | 1.61% | 4.83% | -3.35% | -1.45% | 1.96% | +35 bps | |
| Loan Growth (YoY) | -8.70% | -6.14% | -5.52% | -5.78% | -4.33% | -5.26% | -2.10% | -2.49% | +328 bps | |
| Deposit Growth (YoY) | 1.45% | 3.95% | 6.71% | 2.07% | 4.96% | -2.09% | 0.03% | 4.45% | +237 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 | 0.64% | 0.81% | 0.71% | 0.25% | 1.35% | 1.26% | 0.48% | 1.04% | +80 bps | |
| Allowance / Loans | 3.04% | 2.89% | 2.89% | 2.91% | 2.74% | 2.56% | 2.52% | 2.20% | -71 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 | 16.16% | 16.18% | 16.65% | 16.95% | 17.40% | 12.61% | 12.37% | 12.83% | -412 bps | |
| Equity / Assets | 16.92% | 16.86% | 16.84% | 17.33% | 16.72% | 15.00% | 14.67% | 14.55% | -278 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.67% | 74.70% | 72.17% | 73.60% | 68.97% | 72.29% | 70.63% | 68.71% | -489 bps | |
| Liquid Assets / Assets | 3.43% | 3.63% | 4.73% | 2.01% | 6.72% | 2.35% | 1.82% | 3.78% | +177 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |