Alpena, MI · Cert 30985
FDIC · 8 branches
Q1 2018
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 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.21% | 0.23% | 0.28% | 0.33% | 0.38% | 0.40% | 0.14% | 0.52% | +19 bps | |
| Return on Equity | 2.16% | 2.33% | 2.96% | 3.80% | 4.31% | 4.42% | 1.54% | 5.50% | +170 bps | |
| Net Interest Margin | 2.83% | 2.86% | 2.82% | 2.94% | 2.99% | 3.02% | 3.17% | 3.22% | +28 bps | |
| Efficiency Ratio | 86.88% | 87.26% | 85.21% | 80.54% | 79.67% | 79.76% | 78.40% | 84.53% | +398 bps | |
| Non-Interest Burden | 2.44% | 2.48% | 2.38% | 2.33% | 2.33% | 2.35% | 2.43% | 2.66% | +34 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.30% | -2.76% | 2.51% | 4.51% | 2.35% | 1.79% | -6.96% | -10.29% | -1,481 bps | |
| Loan Growth (YoY) | 2.55% | 2.54% | 7.64% | 10.43% | 10.59% | 9.02% | 5.81% | 2.56% | -787 bps | |
| Deposit Growth (YoY) | 1.33% | -2.43% | 9.91% | 9.32% | 4.38% | 4.09% | -8.10% | -11.16% | -2,047 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.44% | 1.10% | 1.39% | 0.98% | 1.08% | +64 bps | |
| Net Charge-Offs / Loans | 0.23% | -0.03% | -0.02% | -0.02% | -0.03% | 0.02% | 0.00% | 0.03% | +5 bps | |
| Allowance / Loans | 0.83% | 0.97% | 0.92% | 0.96% | 0.97% | 0.95% | 0.95% | 0.91% | -5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 2.2x | 0.9x | 0.7x | 1.0x | 0.8x | -1.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.25% | 8.56% | 8.46% | 8.21% | 8.52% | 8.71% | 9.19% | 9.69% | +149 bps | |
| Total Risk-Based Capital | 18.10% | 16.31% | 15.59% | 15.23% | 15.72% | 16.15% | 16.50% | 16.78% | +155 bps | |
| Equity / Assets | 10.15% | 9.53% | 8.62% | 8.79% | 9.18% | 9.42% | 9.46% | 9.61% | +82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.50% | 63.62% | 61.85% | 62.51% | 66.22% | 66.64% | 71.21% | 72.17% | +966 bps | |
| Liquid Assets / Assets | 8.12% | 4.36% | 3.95% | 3.77% | 4.52% | 4.26% | 3.52% | 2.77% | -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 |