Holland, MI · Cert 33126
FDIC
Q4 2009
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.64% | -0.07% | -2.09% | -3.63% | -4.98% | -0.14% | -13.70% | -8.04% | -441 bps | |
| Return on Equity | -6.34% | -0.73% | -21.24% | -38.71% | -60.57% | -1.63% | -172.03% | -123.57% | -8,486 bps | |
| Net Interest Margin | 2.79% | 2.68% | 2.52% | 2.38% | 2.05% | 1.55% | 1.94% | 1.83% | -55 bps | |
| Efficiency Ratio | 89.83% | 91.09% | 95.20% | 83.66% | 135.98% | 142.44% | 118.47% | 645% | +56,119 bps | |
| Non-Interest Burden | 2.32% | 2.23% | 2.30% | 2.28% | 3.65% | 2.97% | 2.94% | 5.97% | +369 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.95% | 12.76% | 6.84% | 3.51% | 18.09% | 9.61% | 0.27% | -0.47% | -398 bps | |
| Loan Growth (YoY) | 9.97% | 14.32% | 7.70% | -3.38% | -8.10% | -20.37% | -21.78% | -24.21% | -2,083 bps | |
| Deposit Growth (YoY) | 2.77% | 5.02% | 9.86% | 14.44% | 32.06% | 20.62% | 4.29% | 3.16% | -1,128 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 | 0.18% | -0.03% | 3.21% | 1.26% | 7.82% | 0.45% | 5.12% | 10.74% | +948 bps | |
| Allowance / Loans | 1.93% | 2.04% | 2.29% | 3.95% | 4.29% | 4.22% | 4.96% | 5.36% | +141 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 | 10.57% | 10.33% | 10.01% | 9.65% | 8.07% | 9.74% | 8.22% | 8.31% | -134 bps | |
| Equity / Assets | 10.13% | 9.98% | 9.66% | 9.11% | 7.44% | 9.17% | 6.62% | 6.40% | -271 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 111.78% | 113.84% | 103.05% | 95.61% | 77.78% | 75.16% | 77.29% | 70.24% | -2,536 bps | |
| Liquid Assets / Assets | 0.56% | 0.07% | 0.52% | 9.44% | 23.81% | 20.74% | 21.85% | 26.01% | +1,657 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |