New Buffalo, MI · Cert 33468
FDIC
Q1 2005
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | 0.32% | 0.80% | 0.19% | 0.15% | 0.86% | -0.73% | 0.49% | +30 bps | |
| Return on Equity | 5.90% | 4.14% | 9.95% | 2.27% | 1.82% | 10.83% | -9.03% | 5.81% | +354 bps | |
| Net Interest Margin | 3.10% | 3.12% | 3.43% | 3.37% | 3.27% | 3.40% | 3.65% | 3.62% | +25 bps | |
| Efficiency Ratio | 80.18% | 86.69% | 86.49% | 88.45% | 94.67% | 70.95% | 115.05% | 81.48% | -697 bps | |
| Non-Interest Burden | 2.16% | 2.52% | 2.84% | 2.87% | 3.01% | 2.19% | 4.30% | 2.81% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.52% | 3.71% | -8.23% | 0.58% | -5.57% | 5.59% | 2.74% | -3.30% | -389 bps | |
| Loan Growth (YoY) | -13.58% | -13.11% | -8.34% | -7.13% | -3.10% | 5.21% | 7.46% | 11.72% | +1,884 bps | |
| Deposit Growth (YoY) | 9.27% | 12.43% | -4.76% | 3.68% | -5.35% | 7.94% | 5.35% | -2.62% | -630 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 | 0.23% | 0.86% | 0.21% | 1.40% | 0.03% | -0.19% | -0.13% | 0.10% | -131 bps | |
| Allowance / Loans | 1.81% | 1.68% | 1.64% | 1.47% | 1.47% | 1.46% | 1.73% | 1.74% | +26 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 | 12.89% | 13.19% | 13.82% | 13.68% | 13.89% | 13.16% | 13.38% | 13.43% | -25 bps | |
| Equity / Assets | 7.96% | 7.57% | 8.55% | 8.10% | 8.18% | 7.70% | 8.52% | 8.31% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.24% | 72.12% | 80.00% | 70.64% | 77.03% | 70.30% | 81.61% | 81.04% | +1,040 bps | |
| Liquid Assets / Assets | 4.85% | 5.65% | 0.43% | 8.62% | 2.20% | 11.22% | 0.40% | 0.34% | -828 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |