Grand Rapids, MI · Cert 27035
FDIC
Q4 2002
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.08% | 1.10% | 1.08% | 1.18% | -2.24% | 3.08% | 1.12% | 1.28% | +10 bps | |
| Return on Equity | n/a | 15.84% | 15.92% | 17.98% | -33.83% | 28.14% | 7.53% | 8.66% | -932 bps | |
| Net Interest Margin | 3.57% | 3.61% | 3.51% | 3.09% | 2.70% | 0.24% | 2.81% | 2.94% | -15 bps | |
| Efficiency Ratio | 61.32% | 61.63% | 57.57% | 73.31% | 161.43% | -847% | 50.85% | 47.99% | -2,532 bps | |
| Non-Interest Burden | 1.64% | 1.71% | 1.48% | 1.81% | 4.94% | -3.22% | 1.06% | 0.87% | -93 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.86% | 7.39% | 26.90% | 17.71% | 27.51% | 36.64% | 24.42% | 23.12% | +540 bps | |
| Loan Growth (YoY) | 22.12% | 22.61% | 26.38% | 29.38% | 29.79% | 26.96% | 20.50% | 16.28% | -1,310 bps | |
| Deposit Growth (YoY) | 17.39% | 5.06% | 25.55% | 14.74% | 27.13% | 24.05% | 9.57% | 11.91% | -282 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 | -0.04% | -0.01% | -0.01% | -0.02% | 0.00% | 0.01% | 0.00% | 0.22% | +25 bps | |
| Allowance / Loans | 1.31% | 1.33% | 1.32% | 1.24% | 1.40% | 1.39% | 1.35% | 1.33% | +8 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 | 10.37% | 10.19% | 10.06% | 10.43% | 10.55% | 10.52% | 10.67% | 10.69% | +26 bps | |
| Equity / Assets | 6.85% | 7.01% | 6.57% | 6.55% | 6.69% | 14.84% | 15.04% | 14.57% | +802 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.32% | 103.88% | 103.67% | 104.05% | 101.40% | 106.32% | 114.01% | 108.12% | +406 bps | |
| Liquid Assets / Assets | 2.85% | 2.64% | 2.39% | 2.10% | 2.45% | 1.57% | 1.25% | 1.12% | -99 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |