Buchanan, MI · Charter 21014
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 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.
Buchanan, MI · Charter 21014
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.49% | 1.94% | 2.09% | 2.02% | 1.80% | 2.20% | 2.54% | 2.57% | +55 bps | |
| Return on Equity | 10.00% | 8.00% | 8.71% | 8.37% | 7.32% | 8.95% | 9.98% | 9.85% | +147 bps | |
| Net Interest Margin | 4.48% | 4.20% | 4.08% | 4.03% | 4.10% | 4.11% | 4.23% | 4.31% | +28 bps | |
| Efficiency Ratio | 50.96% | 51.15% | 50.70% | 51.92% | 53.29% | 53.64% | 50.62% | 51.29% | -62 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.16% | 11.32% | 10.41% | 9.26% | 8.44% | 5.76% | 2.49% | 1.09% | -817 bps | |
| Loan Growth (YoY) | 10.57% | 5.95% | 0.47% | -2.15% | -1.49% | -0.40% | 2.78% | 2.85% | +500 bps | |
| Share Growth (YoY) | 4.10% | 7.91% | 8.49% | 11.54% | 8.89% | 5.01% | 0.23% | -2.06% | -1,360 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.00% | 1.23% | 0.64% | 0.57% | 0.41% | 0.33% | 0.61% | 0.16% | -41 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 | 0.59% | 0.62% | 0.85% | 0.86% | 0.86% | 0.89% | 0.90% | 0.92% | +6 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 24.87% | 24.23% | 24.05% | 24.16% | 24.56% | 24.60% | 25.49% | 26.09% | +193 bps | |
| Net Worth / Assets | 24.87% | 24.23% | 24.05% | 24.16% | 24.56% | 24.60% | 25.49% | 26.09% | +193 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 125.29% | 116.13% | 112.82% | 111.48% | 113.34% | 110.15% | 115.70% | 117.07% | +558 bps | |
| Liquid Assets / Assets | 4.04% | 9.84% | 12.02% | 12.89% | 11.92% | 13.67% | 0.00% | 0.00% | -1,289 bps | |