Traverse City, MI · Cert 30792
FDIC · 25 branches
Q3 2014
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.98% | -0.09% | -0.86% | 0.67% | 0.37% | 0.22% | 0.56% | 0.78% | +11 bps | |
| Return on Equity | -32.48% | -0.96% | -9.70% | 7.68% | 4.15% | 2.42% | 6.11% | 8.48% | +80 bps | |
| Net Interest Margin | 3.54% | 3.32% | 3.37% | 3.06% | 3.08% | 3.02% | 2.91% | 2.92% | -15 bps | |
| Efficiency Ratio | 82.17% | 90.25% | 83.64% | 72.35% | 93.92% | 90.35% | 81.44% | 75.77% | +342 bps | |
| Non-Interest Burden | 2.30% | 2.73% | 2.39% | 1.36% | 2.74% | 2.52% | 1.96% | 1.65% | +29 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.39% | -3.46% | -2.89% | -0.10% | -1.68% | -0.42% | 0.60% | -0.59% | -49 bps | |
| Loan Growth (YoY) | -6.98% | -10.39% | -12.44% | -18.10% | -17.24% | -13.25% | -7.15% | -1.14% | +1,696 bps | |
| Deposit Growth (YoY) | -1.47% | -3.38% | -2.47% | 0.96% | -1.82% | -0.49% | 0.42% | -1.13% | -209 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 | 7.01% | 0.44% | 2.59% | 1.02% | 0.35% | -0.11% | 0.48% | -0.67% | -169 bps | |
| Allowance / Loans | 2.39% | 2.72% | 3.02% | 3.25% | 3.16% | 3.32% | 3.12% | 3.32% | +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 | 12.75% | 13.21% | 13.13% | 13.86% | 14.57% | 14.91% | 14.77% | 15.21% | +134 bps | |
| Equity / Assets | 8.87% | 8.97% | 8.72% | 8.66% | 9.06% | 9.12% | 9.14% | 9.19% | +53 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.21% | 74.90% | 72.41% | 65.94% | 66.78% | 65.29% | 66.95% | 65.93% | -1 bps | |
| Liquid Assets / Assets | 18.85% | 22.80% | 23.78% | 26.50% | 26.19% | 26.94% | 27.13% | 29.83% | +333 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |