Beulah, MI · Cert 14706
FDIC · 2 branches
Q3 2018
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 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.42% | 0.42% | 0.74% | 0.76% | 1.13% | 0.86% | 0.67% | 0.72% | -3 bps | |
| Return on Equity | 3.11% | 3.14% | 5.39% | 5.50% | 8.07% | 5.72% | 4.56% | 5.07% | -44 bps | |
| Net Interest Margin | 3.00% | 3.08% | 3.26% | 3.27% | 3.27% | 3.20% | 3.07% | 3.04% | -22 bps | |
| Efficiency Ratio | 86.23% | 85.66% | 77.68% | 76.51% | 77.41% | 77.31% | 81.50% | 79.99% | +348 bps | |
| Non-Interest Burden | 2.38% | 2.44% | 2.11% | 2.07% | 2.14% | 2.00% | 2.21% | 2.14% | +6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.00% | 4.81% | 0.94% | 0.13% | -1.14% | -4.34% | 6.66% | 9.49% | +936 bps | |
| Loan Growth (YoY) | 5.15% | 1.67% | 6.07% | 4.43% | -3.88% | -3.44% | -7.85% | -11.11% | -1,554 bps | |
| Deposit Growth (YoY) | 2.94% | 0.12% | -1.81% | -2.17% | -2.56% | -2.34% | 8.99% | 11.88% | +1,404 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.99% | 1.13% | 1.33% | 1.61% | 1.40% | 1.51% | 1.27% | -6 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.01% | 0.08% | 0.05% | 0.04% | 0.16% | 0.08% | 0.04% | 0 bps | |
| Allowance / Loans | 1.09% | 1.11% | 1.02% | 1.07% | 1.17% | 1.18% | 1.18% | 1.23% | +16 bps | |
| Allowance Coverage of NPLs | n/a | 1.1x | 0.9x | 0.8x | 0.7x | 0.8x | 0.8x | 1.0x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.49% | 13.61% | 14.76% | 14.52% | 14.92% | 15.43% | 14.42% | 13.70% | -82 bps | |
| Total Risk-Based Capital | 25.63% | 25.88% | 25.46% | 25.59% | 27.66% | 27.93% | 28.23% | 27.23% | +165 bps | |
| Equity / Assets | 13.47% | 13.21% | 14.50% | 13.78% | 14.81% | 15.09% | 14.35% | 12.92% | -86 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.48% | 65.64% | 71.47% | 66.44% | 65.58% | 64.90% | 60.43% | 52.79% | -1,365 bps | |
| Liquid Assets / Assets | 10.95% | 9.67% | 10.51% | 12.16% | 11.16% | 11.21% | 10.25% | 8.44% | -372 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |