Farmington Hills, MI · Cert 32195
FDIC
Q4 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.24% | 0.42% | -2.13% | -1.32% | -0.81% | -1.11% | -13.90% | -1.01% | +30 bps | |
| Return on Equity | -3.05% | 5.32% | -26.46% | -16.57% | -9.87% | -13.86% | -214% | -13.38% | +318 bps | |
| Net Interest Margin | 3.83% | 3.67% | 3.86% | 3.77% | 2.89% | 2.92% | 2.58% | 2.45% | -132 bps | |
| Efficiency Ratio | 66.15% | 71.23% | 66.29% | 75.58% | 103.75% | 119.97% | 113.68% | 153.78% | +7,820 bps | |
| Non-Interest Burden | 2.44% | 2.50% | 2.44% | 2.75% | 3.01% | 3.51% | 2.98% | 3.94% | +118 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.66% | -3.99% | -16.53% | -19.29% | -23.61% | -12.32% | -15.09% | -14.42% | +487 bps | |
| Loan Growth (YoY) | 12.68% | -0.36% | -14.28% | -17.12% | -25.09% | -26.34% | -21.37% | -21.22% | -410 bps | |
| Deposit Growth (YoY) | 26.38% | 13.19% | 4.64% | -6.97% | -31.89% | -10.75% | -15.84% | -12.60% | -564 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 | 1.34% | 0.42% | 2.28% | 3.47% | 1.35% | 1.08% | 9.46% | 2.00% | -147 bps | |
| Allowance / Loans | 1.44% | 1.55% | 2.45% | 2.50% | 2.70% | 2.93% | 6.96% | 6.74% | +424 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 | 10.23% | 10.21% | 10.13% | 9.52% | 10.34% | 11.02% | 7.52% | 11.15% | +164 bps | |
| Equity / Assets | 7.93% | 7.99% | 8.08% | 7.80% | 8.57% | 7.46% | 5.37% | 9.79% | +199 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.97% | 115.87% | 113.38% | 118.08% | 125.36% | 95.63% | 105.93% | 106.43% | -1,164 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 2.83% | 6.20% | +619 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |