Rockford, MI · Cert 22094
FDIC
Q2 2007
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 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.85% | 1.88% | 1.82% | 1.79% | 1.78% | 1.58% | 0.92% | 0.54% | -125 bps | |
| Return on Equity | 22.70% | 22.81% | 21.37% | 21.10% | 20.99% | 18.78% | 11.23% | 6.72% | -1,439 bps | |
| Net Interest Margin | 4.12% | 4.23% | 4.70% | 4.69% | 4.61% | 4.41% | 4.31% | 4.34% | -35 bps | |
| Efficiency Ratio | 54.48% | 53.84% | 56.15% | 56.16% | 54.37% | 54.03% | 59.00% | 58.44% | +228 bps | |
| Non-Interest Burden | 1.47% | 1.52% | 1.96% | 1.89% | 1.71% | 1.60% | 1.84% | 1.81% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 50.50% | 45.06% | 38.61% | 3.02% | 2.12% | 5.77% | 6.30% | 5.62% | +260 bps | |
| Loan Growth (YoY) | 57.09% | 53.97% | 43.20% | 5.34% | 3.39% | 7.03% | 7.96% | 6.37% | +104 bps | |
| Deposit Growth (YoY) | 54.39% | 60.64% | 58.08% | 17.00% | 9.36% | 8.66% | 5.01% | 0.64% | -1,635 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 | 0.14% | 0.31% | 0.23% | 0.27% | 0.27% | 0.57% | 0.58% | 0.71% | +44 bps | |
| Allowance / Loans | 1.17% | 1.10% | 1.09% | 1.09% | 1.15% | 1.16% | 1.38% | 1.91% | +81 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 | 10.43% | 10.76% | 10.81% | 10.72% | 10.70% | 10.59% | 10.38% | 10.14% | -58 bps | |
| Equity / Assets | 8.29% | 8.52% | 8.47% | 8.47% | 8.39% | 8.24% | 8.13% | 7.89% | -58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.58% | 100.27% | 94.56% | 95.00% | 96.04% | 98.76% | 97.22% | 100.41% | +541 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |