Farmington Hills, MI · Cert 18685
FDIC
Q3 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2005, the quarter ended September 30, 2005, 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.
Farmington Hills, MI · Cert 18685
FDIC
Q3 2005
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 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.33% | 0.23% | 0.31% | 0.01% | -0.07% | -0.29% | -0.04% | -0.26% | -28 bps | |
| Return on Equity | 3.09% | 1.57% | 1.99% | 0.07% | -0.43% | -1.61% | -0.24% | -1.51% | -158 bps | |
| Net Interest Margin | 4.17% | 3.74% | 3.52% | 3.61% | 3.63% | 3.76% | 3.72% | 3.27% | -35 bps | |
| Efficiency Ratio | 79.26% | 81.22% | 79.30% | 81.66% | 82.73% | 95.87% | 90.76% | 96.94% | +1,528 bps | |
| Non-Interest Burden | 3.02% | 3.28% | 2.99% | 3.27% | 3.32% | 3.92% | 3.65% | 3.47% | +20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.40% | 7.02% | 9.66% | 12.85% | 8.30% | 0.32% | 0.89% | 5.93% | -692 bps | |
| Loan Growth (YoY) | 13.55% | 8.26% | 7.02% | 14.00% | 11.56% | 14.28% | 17.12% | 15.28% | +128 bps | |
| Deposit Growth (YoY) | 3.57% | -1.81% | -5.53% | -4.72% | -4.75% | -0.79% | -1.86% | 6.92% | +1,164 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 | 0.62% | 0.00% | -0.20% | -0.13% | 0.07% | 0.02% | 0.01% | 0.01% | +14 bps | |
| Allowance / Loans | 1.07% | 1.09% | 1.19% | 1.24% | 1.30% | 1.36% | 1.39% | 1.43% | +20 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 | 13.32% | 15.85% | 13.86% | 13.83% | 12.94% | 12.61% | 12.26% | 11.98% | -185 bps | |
| Equity / Assets | 10.70% | 17.99% | 17.49% | 17.69% | 18.49% | 17.62% | 17.24% | 16.46% | -123 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.51% | 76.56% | 82.15% | 89.07% | 91.96% | 88.19% | 98.04% | 96.04% | +696 bps | |
| Liquid Assets / Assets | 0.30% | 0.27% | 0.09% | 0.12% | 0.08% | 0.05% | 0.27% | 0.15% | +3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |