Ann Arbor, MI · Cert 33134
FDIC · 13 branches
Q2 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2015, the quarter ended June 30, 2015, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Ann Arbor, MI · Cert 33134
FDIC · 13 branches
Q2 2015
Market Position · Ann Arbor, MI · 2015 SOD (annual) · 2.2% share · #13 of 21 inst. · $0.2B of $7.5B
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 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.80% | 2.06% | 0.20% | 0.27% | 0.63% | 0.58% | 0.60% | 1.02% | +75 bps | |
| Return on Equity | 63.91% | 43.69% | 1.69% | 2.01% | 4.31% | 3.71% | 3.15% | 5.33% | +332 bps | |
| Net Interest Margin | 3.83% | 3.89% | 3.77% | 3.98% | 4.43% | 4.62% | 4.56% | 4.81% | +82 bps | |
| Efficiency Ratio | 96.45% | 98.81% | 94.12% | 84.84% | 76.21% | 75.53% | 70.75% | 66.59% | -1,825 bps | |
| Non-Interest Burden | 3.64% | 3.83% | 3.48% | 3.17% | 2.89% | 3.03% | 2.72% | 2.63% | -53 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -15.37% | -13.95% | 57.12% | 50.80% | 43.04% | 43.42% | -15.90% | -14.03% | -6,483 bps | |
| Loan Growth (YoY) | -19.79% | -22.25% | 16.81% | 17.00% | 16.12% | 22.77% | -17.23% | -19.36% | -3,637 bps | |
| Deposit Growth (YoY) | -17.88% | -16.70% | 38.10% | 32.87% | 23.64% | 23.92% | -19.80% | -17.32% | -5,019 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 | 1.07% | 1.05% | 0.27% | -0.11% | -0.07% | -0.05% | 0.68% | -0.09% | +2 bps | |
| Allowance / Loans | 5.29% | 5.50% | 0.01% | 0.47% | 0.86% | 1.31% | 1.56% | 2.02% | +155 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 | 15.98% | 16.59% | n/a | |
| Total Risk-Based Capital | 9.75% | 10.33% | 14.89% | 16.27% | 18.53% | 19.59% | 22.49% | 24.75% | +848 bps | |
| Equity / Assets | 6.02% | 6.13% | 15.13% | 16.22% | 18.18% | 18.93% | 18.93% | 19.80% | +358 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.59% | 72.79% | 66.81% | 68.78% | 71.00% | 72.11% | 68.96% | 67.08% | -170 bps | |
| Liquid Assets / Assets | 20.93% | 23.67% | 23.71% | 16.18% | 8.84% | 6.57% | 7.38% | 5.98% | -1,019 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |