Plainwell, MI · Charter 19421
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Plainwell, MI · Charter 19421
Q3 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.49% | 1.35% | 1.28% | 1.76% | 1.77% | 1.67% | -1.59% | -3.80% | -556 bps | |
| Return on Equity | 16.10% | 14.90% | 14.39% | 17.88% | 17.12% | 15.92% | -16.72% | -45.39% | -6,327 bps | |
| Net Interest Margin | 4.12% | 4.26% | 4.14% | 4.53% | 4.58% | 4.69% | 4.84% | 5.08% | +56 bps | |
| Efficiency Ratio | 62.91% | 68.21% | 67.82% | 60.23% | 60.58% | 63.14% | 59.08% | 60.61% | +37 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.72% | 20.52% | 20.01% | 11.15% | 8.00% | 4.88% | -3.31% | -8.60% | -1,975 bps | |
| Loan Growth (YoY) | 42.19% | 17.03% | 7.11% | 11.85% | 7.59% | 10.31% | -3.38% | -11.95% | -2,380 bps | |
| Share Growth (YoY) | 36.63% | 20.19% | 20.21% | 10.24% | 6.72% | 3.33% | -4.21% | -7.17% | -1,741 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.14% | 2.52% | 2.39% | 2.41% | 1.57% | 1.68% | 10.74% | 17.06% | +1,465 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.20% | 0.19% | 0.24% | 0.29% | 0.26% | 0.17% | 3.18% | 5.40% | +511 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.23% | 9.08% | 8.88% | 9.83% | 10.31% | 10.47% | 9.49% | 8.38% | -145 bps | |
| Net Worth / Assets | 9.23% | 9.08% | 8.88% | 9.83% | 10.31% | 10.47% | 9.49% | 8.38% | -145 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 98.16% | 94.32% | 91.72% | 96.56% | 98.96% | 100.69% | 92.51% | 91.59% | -497 bps | |
| Liquid Assets / Assets | 6.52% | 8.09% | 11.83% | 7.63% | 4.82% | 3.60% | 12.28% | 7.01% | -62 bps | |