Troy, MI · Cert 27425
FDIC
Q1 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 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.92% | 0.97% | 1.04% | 0.99% | 0.94% | 1.10% | 1.13% | 1.13% | +13 bps | |
| Return on Equity | 11.09% | 11.65% | 12.48% | 12.21% | 11.46% | 13.36% | 13.51% | 12.96% | +75 bps | |
| Net Interest Margin | 5.10% | 5.03% | 4.62% | 4.87% | 4.57% | 4.62% | 4.63% | 4.62% | -25 bps | |
| Efficiency Ratio | 71.88% | 70.67% | 69.30% | 68.00% | 70.82% | 67.37% | 66.73% | 64.06% | -395 bps | |
| Non-Interest Burden | 3.47% | 3.35% | 3.01% | 3.11% | 3.06% | 2.87% | 2.86% | 2.76% | -35 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 17.50% | 16.19% | 20.52% | 29.31% | 28.60% | 25.03% | 16.21% | 9.88% | -1,942 bps | |
| Loan Growth (YoY) | 23.39% | 18.43% | 23.45% | 27.63% | 27.19% | 27.41% | 24.75% | 21.03% | -660 bps | |
| Deposit Growth (YoY) | 17.18% | 15.85% | 15.86% | 25.79% | 24.56% | 18.25% | 11.49% | 7.65% | -1,813 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% | 0.08% | 0.08% | -0.01% | -0.10% | -0.07% | -0.02% | -0.02% | -1 bps | |
| Allowance / Loans | 1.73% | 1.70% | 1.64% | 1.64% | 1.62% | 1.63% | 1.58% | 1.59% | -4 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 | 10.38% | 10.44% | 10.73% | 10.38% | 10.54% | 10.64% | 10.65% | 10.66% | +28 bps | |
| Equity / Assets | 8.25% | 8.33% | 8.41% | 7.91% | 8.29% | 8.43% | 8.69% | 8.72% | +82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.32% | 89.66% | 92.17% | 88.75% | 91.21% | 96.60% | 103.14% | 99.77% | +1,102 bps | |
| Liquid Assets / Assets | 0.57% | 0.01% | 0.03% | 0.24% | 0.62% | 0.24% | 0.13% | 0.13% | -11 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |