Grandville, MI · Charter 2005
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Grandville, MI · Charter 2005
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.93% | 1.21% | 0.34% | 0.63% | 1.11% | 0.73% | 0.83% | 0.72% | +9 bps | |
| Return on Equity | 9.87% | 12.74% | 3.62% | 6.74% | 11.79% | 7.69% | 8.78% | 7.56% | +83 bps | |
| Net Interest Margin | 4.57% | 5.29% | 5.30% | 5.36% | 5.30% | 5.87% | 5.70% | 5.64% | +28 bps | |
| Efficiency Ratio | 86.55% | 70.30% | 75.83% | 75.65% | 71.90% | 65.48% | 69.78% | 69.64% | -600 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.58% | 4.89% | 4.19% | 8.38% | 13.98% | 12.91% | 13.64% | 10.78% | +240 bps | |
| Loan Growth (YoY) | 13.67% | 12.52% | 14.48% | 23.82% | 17.03% | 14.85% | 9.69% | 1.66% | -2,216 bps | |
| Share Growth (YoY) | 5.30% | 1.55% | 4.30% | 6.72% | 13.63% | 14.98% | 13.25% | 13.21% | +649 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.62% | 2.45% | 2.34% | 0.98% | 1.80% | 1.49% | 1.61% | 2.35% | +137 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 | 1.03% | 1.20% | 1.62% | 1.27% | 1.08% | 1.39% | 1.48% | 1.46% | +19 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.44% | 9.53% | 9.28% | 9.36% | 9.39% | 9.44% | 9.50% | 9.55% | +19 bps | |
| Net Worth / Assets | 9.44% | 9.53% | 9.28% | 9.36% | 9.39% | 9.44% | 9.50% | 9.55% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 83.13% | 82.69% | 85.16% | 93.72% | 85.63% | 82.59% | 82.49% | 84.16% | -956 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |