Caro, MI · Cert 1587
FDIC
Q4 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2006, the quarter ended December 31, 2006, 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.
Caro, MI · Cert 1587
FDIC
Q4 2006
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 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | 0.29% | 0.17% | 0.21% | 0.57% | 0.56% | 0.49% | -0.02% | -23 bps | |
| Return on Equity | 5.54% | 3.38% | 1.99% | 2.49% | 6.60% | 6.39% | 5.55% | -0.17% | -266 bps | |
| Net Interest Margin | 2.93% | 2.94% | 2.98% | 3.03% | 2.73% | 2.68% | 2.66% | 2.53% | -51 bps | |
| Efficiency Ratio | 83.38% | 89.81% | 93.67% | 92.30% | 80.82% | 80.43% | 82.17% | 99.63% | +733 bps | |
| Non-Interest Burden | 2.38% | 2.60% | 2.77% | 2.77% | 2.15% | 2.09% | 2.13% | 2.52% | -25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.90% | -1.99% | -2.38% | -3.46% | -4.64% | -7.05% | -1.72% | 1.56% | +502 bps | |
| Loan Growth (YoY) | 7.31% | 2.90% | 1.30% | -3.00% | -3.37% | 5.34% | -0.65% | 0.93% | +393 bps | |
| Deposit Growth (YoY) | -0.37% | -3.09% | -2.70% | -2.48% | -4.43% | -6.50% | -1.15% | 1.57% | +404 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 | 0.08% | 0.10% | 0.06% | 0.11% | -0.15% | -0.09% | -0.05% | -0.04% | -15 bps | |
| Allowance / Loans | 0.87% | 0.90% | 0.87% | 0.85% | 0.89% | 0.88% | 0.91% | 0.94% | +9 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 | 19.53% | 20.69% | 20.04% | 21.09% | 20.55% | 20.80% | 20.93% | 15.81% | -528 bps | |
| Equity / Assets | 8.09% | 8.62% | 8.46% | 8.90% | 8.51% | 8.95% | 8.86% | 9.02% | +13 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 49.31% | 48.21% | 50.22% | 51.92% | 49.86% | 54.32% | 50.47% | 51.60% | -32 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |