Gaylord, MI · Cert 22057
FDIC
Q2 2004
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.37% | -0.93% | -2.49% | -0.51% | -0.25% | +112 bps | |
| Return on Equity | -21.57% | -14.67% | -40.58% | -9.74% | -4.83% | +1,674 bps | |
| Net Interest Margin | 3.27% | 3.21% | 3.37% | 2.96% | 3.18% | -9 bps | |
| Efficiency Ratio | 78.16% | 78.45% | 88.64% | 101.33% | 93.58% | +1,543 bps | |
| Non-Interest Burden | 2.34% | 2.29% | 2.87% | 3.01% | 2.93% | +59 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.78% | -9.48% | -18.94% | -25.56% | -26.55% | -2,576 bps | |
| Loan Growth (YoY) | -12.66% | -24.81% | -31.04% | -31.64% | -30.42% | -1,776 bps | |
| Deposit Growth (YoY) | 4.18% | -5.97% | -16.41% | -23.77% | -24.60% | -2,878 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.01% | 1.74% | 3.19% | 1.28% | 0.85% | -16 bps | |
| Allowance / Loans | 4.78% | 5.12% | 5.55% | 5.75% | 6.31% | +153 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 10.53% | 11.55% | 9.38% | 9.62% | 9.65% | -88 bps | |
| Equity / Assets | 5.96% | 6.23% | 5.13% | 5.39% | 5.32% | -64 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 90.52% | 84.00% | 87.31% | 86.46% | 83.53% | -699 bps | |
| Liquid Assets / Assets | 1.75% | 0.69% | 0.77% | 0.70% | 0.36% | -139 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |