Gaylord, MI · Cert 22057
FDIC
Q2 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.98% | -4.63% | 0.22% | -2.96% | 0.01% | -7.71% | -0.51% | 0.02% | +297 bps | |
| Return on Equity | 12.82% | -64.61% | 3.31% | -47.48% | 0.16% | -134.90% | -9.74% | 0.28% | +4,776 bps | |
| Net Interest Margin | 3.71% | 3.64% | 3.29% | 3.20% | 2.90% | 2.83% | 2.96% | 3.15% | -5 bps | |
| Efficiency Ratio | 60.30% | 61.78% | 64.81% | 92.24% | 79.09% | 132.78% | 101.33% | 85.25% | -700 bps | |
| Non-Interest Burden | 1.93% | 1.89% | 1.78% | 2.88% | 2.06% | 3.90% | 3.01% | 2.60% | -28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 26.95% | 13.24% | 10.16% | -0.78% | -9.48% | -18.94% | -25.56% | -26.55% | -2,576 bps | |
| Loan Growth (YoY) | 19.04% | 9.44% | -1.43% | -12.66% | -24.81% | -31.04% | -31.64% | -30.42% | -1,776 bps | |
| Deposit Growth (YoY) | 34.78% | 18.76% | 16.69% | 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% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.61% | 3.60% | 0.67% | 1.28% | 2.93% | 6.98% | 1.28% | 0.32% | -95 bps | |
| Allowance / Loans | 0.74% | 2.62% | 3.03% | 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 | 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 | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.73% | 10.35% | 10.72% | 10.53% | 11.55% | 9.38% | 9.62% | 9.65% | -88 bps | |
| Equity / Assets | 7.67% | 6.65% | 6.50% | 5.96% | 6.23% | 5.13% | 5.39% | 5.32% | -64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.05% | 105.83% | 96.42% | 90.52% | 84.00% | 87.31% | 86.46% | 83.53% | -699 bps | |
| Liquid Assets / Assets | 2.30% | 2.24% | 1.79% | 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 | n/a | n/a | n/a |