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Fidelity Bank

Birmingham, MI · Cert 20367

FDIC

Q4 2006

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

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.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Fidelity Bank

Birmingham, MI · Cert 20367

FDIC

Q4 2006

$218.0MAssets
$177.2MLoans
$189.4MDeposits
$25.7MEquity
Loan mix
54%RE $23.2M46%C&I $19.5M0%Consumer $0.1MQ4 2005Q4 2006
Deposit mix
89%Interest-bearing $168.8M11%Noninterest $20.5MQ4 2005Q4 2006

NIM

5.20%Q4 ’045.93%Q4 ’057.08%Q4 ’06+3%+9%

Non-interest income vs. expense

2.67%Q4 ’043.00%Q4 ’053.36%Q4 ’06+1%+25%

Executive Summary

  • Earnings: ROA of 1.80%, down 41 bps year over year; NIM at 4.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.28%.
  • Funding: loans stand at 93.56% of deposits as of Q4 2006.

Financial Results

Return on Assets (YTD, annualized)

1.80%-41 bps YoY

Net Interest Margin (YTD, annualized)

4.93%+39 bps YoY

Efficiency Ratio (YTD, annualized)

60.31%+336 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets2.21%2.10%1.95%2.00%1.80%-41 bps
Return on Equity22.52%20.32%19.02%19.29%16.94%-558 bps
Net Interest Margin4.54%4.76%4.63%4.60%4.93%+39 bps
Efficiency Ratio56.95%56.88%56.96%56.55%60.31%+336 bps
Non-Interest Burden2.28%2.45%2.55%2.47%2.85%+58 bps
Growth
Asset Growth (YoY)2.87%-4.47%-4.83%-9.93%-11.89%-1,476 bps
Loan Growth (YoY)-6.61%-1.86%-6.07%0.26%-4.03%+258 bps
Deposit Growth (YoY)5.22%-4.29%-4.65%-10.37%-12.82%-1,804 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.60%0.45%0.31%0.28%+19 bps
Allowance / Loans0.97%0.85%0.84%0.88%0.96%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.12%13.05%13.15%13.46%14.45%+132 bps
Equity / Assets10.08%10.61%10.01%10.73%11.80%+171 bps
Liquidity & Funding
Loans / Deposits85.00%90.80%84.09%89.62%93.56%+857 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a