Saint Joseph, MI · Cert 29981
FDIC · 5 branches
Q1 2021
Market Position · Niles, MI · 2020 SOD (annual) · 7.6% share · #6 of 9 inst. · $0.2B of $2.3B
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 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.28% | 1.11% | 0.79% | 0.69% | 0.78% | 0.87% | 0.90% | 0.89% | +20 bps | |
| Return on Equity | 12.62% | 11.06% | 7.89% | 7.00% | 8.44% | 9.81% | 10.12% | 9.93% | +294 bps | |
| Net Interest Margin | 3.60% | 3.62% | 3.41% | 3.59% | 3.53% | 3.42% | 3.33% | 3.35% | -23 bps | |
| Efficiency Ratio | 77.73% | 75.95% | 79.99% | 76.75% | 74.70% | 71.17% | 71.41% | 70.99% | -576 bps | |
| Non-Interest Burden | 2.67% | 2.60% | 2.61% | 2.60% | 2.22% | 1.95% | 2.05% | 2.01% | -59 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.59% | 9.61% | 9.40% | 10.99% | 35.07% | 34.76% | 19.22% | 24.31% | +1,332 bps | |
| Loan Growth (YoY) | 6.30% | 19.73% | 24.49% | 21.21% | 29.41% | 23.99% | 5.60% | -0.60% | -2,181 bps | |
| Deposit Growth (YoY) | 11.26% | 8.86% | 5.57% | 5.81% | 22.50% | 25.57% | 27.97% | 34.29% | +2,848 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.86% | 0.78% | 1.11% | 1.77% | 1.35% | 1.17% | 0.78% | 1.21% | -56 bps | |
| Net Charge-Offs / Loans | 0.02% | 0.01% | 0.03% | -0.01% | -0.01% | -0.01% | -0.01% | -0.01% | 0 bps | |
| Allowance / Loans | 1.10% | 0.99% | 1.01% | 1.06% | 1.01% | 0.98% | 1.14% | 1.31% | +25 bps | |
| Allowance Coverage of NPLs | 1.3x | 1.3x | 0.9x | 0.6x | 0.7x | 0.8x | 1.5x | 1.1x | +0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.51% | 9.59% | 8.92% | 9.05% | 8.55% | 8.73% | 8.37% | 8.72% | -34 bps | |
| Total Risk-Based Capital | 15.22% | 13.16% | 12.47% | 13.35% | 14.82% | 13.66% | 13.75% | 16.25% | +290 bps | |
| Equity / Assets | 10.58% | 9.87% | 9.79% | 9.90% | 8.36% | 7.89% | 9.12% | 8.86% | -104 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.86% | 95.73% | 104.62% | 101.16% | 95.98% | 94.52% | 86.32% | 74.88% | -2,629 bps | |
| Liquid Assets / Assets | 12.41% | 9.98% | 5.95% | 9.56% | 20.27% | 20.60% | 18.64% | 29.18% | +1,962 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |