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Oakland Commerce Bank

Farmington Hills, MI · Cert 32195

FDIC

Q4 2008

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2008, the quarter ended December 31, 2008, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Oakland Commerce Bank

Farmington Hills, MI · Cert 32195

FDIC

Q4 2008

$93.1MAssets
$79.6MLoans
$74.8MDeposits
$9.1MEquity
Loan mix
88%RE $53.5M12%C&I $7.2M0%Consumer $0.1MQ4 2007Q4 2008
Deposit mix
88%Interest-bearing $66.2M12%Noninterest $8.6MQ4 2007Q4 2008

NIM

7.27%Q4 ’068.20%Q4 ’075.75%Q4 ’08+5%-32%

Non-interest income vs. expense

2.49%Q4 ’063.18%Q4 ’073.79%Q4 ’08+42%+26%

Executive Summary

  • Earnings: ROA of -4.22%, down 346 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.65%.
  • Funding: loans stand at 106.43% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-4.22%-346 bps YoY

Net Interest Margin (YTD, annualized)

2.85%-133 bps YoY

Efficiency Ratio (YTD, annualized)

121.44%+5,180 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets-0.76%-0.81%-0.94%-5.22%-4.22%-346 bps
Return on Equity-9.63%-9.87%-11.86%-71.12%-54.13%-4,450 bps
Net Interest Margin4.18%2.89%2.90%2.86%2.85%-133 bps
Efficiency Ratio69.64%103.75%111.61%112.26%121.44%+5,180 bps
Non-Interest Burden2.79%3.01%3.26%3.24%3.52%+73 bps
Growth
Asset Growth (YoY)-19.29%-23.61%-12.32%-15.09%-14.42%+487 bps
Loan Growth (YoY)-17.12%-25.09%-26.34%-21.37%-21.22%-410 bps
Deposit Growth (YoY)-6.97%-31.89%-10.75%-15.84%-12.60%-564 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.99%1.35%1.26%4.03%3.65%+166 bps
Allowance / Loans2.50%2.70%2.93%6.96%6.74%+424 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital9.52%10.34%11.02%7.52%11.15%+164 bps
Equity / Assets7.80%8.57%7.46%5.37%9.79%+199 bps
Liquidity & Funding
Loans / Deposits118.08%125.36%95.63%105.93%106.43%-1,164 bps
Liquid Assets / Assets0.01%0.01%0.01%2.83%6.20%+619 bps
CRE / Total Capitaln/an/an/an/an/an/an/a