Portage, MI · Cert 27236
FDIC
Q4 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 1.26% | 1.32% | 1.08% | 1.10% | 1.08% | 1.25% | 1.05% | -2 bps | |
| Return on Equity | 13.06% | 14.44% | 15.31% | 12.41% | 13.11% | 13.10% | 15.27% | 12.90% | +48 bps | |
| Net Interest Margin | 4.21% | 4.15% | 4.18% | 3.93% | 3.74% | 3.52% | 3.33% | 3.26% | -68 bps | |
| Efficiency Ratio | 59.24% | 53.86% | 53.95% | 60.78% | 47.96% | 44.07% | 45.33% | 49.79% | -1,099 bps | |
| Non-Interest Burden | 2.30% | 1.95% | 2.00% | 2.24% | 1.53% | 1.30% | 1.17% | 1.47% | -77 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.15% | 1.04% | 10.22% | 5.86% | 10.77% | 13.40% | 16.11% | 14.60% | +874 bps | |
| Loan Growth (YoY) | 2.50% | 5.73% | 11.25% | 7.31% | 11.40% | 9.31% | 6.99% | 8.44% | +113 bps | |
| Deposit Growth (YoY) | 6.34% | 0.22% | 11.05% | 6.89% | 5.55% | 14.65% | 14.81% | 14.85% | +796 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 | 0.01% | 0.39% | 0.08% | 0.05% | 0.10% | 0.42% | 0.22% | 0.14% | +9 bps | |
| Allowance / Loans | 1.03% | 0.99% | 0.98% | 1.01% | 1.04% | 1.11% | 1.13% | 1.14% | +13 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 | 10.15% | 10.02% | 10.02% | 10.10% | 9.49% | 10.24% | 10.10% | 10.27% | +17 bps | |
| Equity / Assets | 8.80% | 8.61% | 8.66% | 8.67% | 8.14% | 8.38% | 8.06% | 8.25% | -41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.10% | 110.14% | 107.85% | 108.41% | 115.15% | 105.01% | 100.51% | 102.36% | -605 bps | |
| Liquid Assets / Assets | 0.04% | 0.06% | 0.05% | 0.05% | 0.05% | 0.05% | 0.03% | 6.19% | +613 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |