Grand Rapids, MI · Cert 33533
FDIC · 4 branches
Q4 2014
Market Position · Grand Rapids-Wyoming, MI · 2014 SOD (annual) · 2.1% share · #11 of 32 inst. · $0.4B of $17.9B
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 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.43% | 1.43% | 1.42% | 1.29% | 1.03% | 1.07% | 1.10% | 1.08% | -22 bps | |
| Return on Equity | 14.58% | 15.03% | 15.09% | 13.68% | 11.17% | 11.87% | 12.25% | 11.90% | -178 bps | |
| Net Interest Margin | 3.47% | 3.41% | 3.39% | 3.39% | 3.32% | 3.32% | 3.32% | 3.34% | -5 bps | |
| Efficiency Ratio | 61.17% | 61.40% | 61.78% | 64.01% | 69.87% | 68.61% | 67.89% | 69.03% | +502 bps | |
| Non-Interest Burden | 1.52% | 1.48% | 1.50% | 1.66% | 1.95% | 1.89% | 1.86% | 1.92% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.62% | 6.82% | 1.96% | 0.80% | 2.48% | -0.43% | 4.84% | 0.83% | +3 bps | |
| Loan Growth (YoY) | 4.88% | 6.65% | 1.59% | 0.09% | 5.44% | 4.81% | 8.43% | 8.50% | +841 bps | |
| Deposit Growth (YoY) | 0.62% | 4.87% | 3.65% | -1.47% | -0.12% | -1.93% | 4.59% | 2.17% | +364 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 | 0.05% | 0.20% | 0.15% | 0.14% | -0.02% | 0.02% | 0.00% | 0.03% | -12 bps | |
| Allowance / Loans | 1.30% | 1.20% | 1.22% | 1.21% | 1.19% | 1.16% | 1.16% | 1.14% | -7 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 | 14.47% | 13.39% | 13.90% | 14.04% | 13.26% | 12.80% | 12.97% | 13.19% | -85 bps | |
| Equity / Assets | 9.96% | 8.84% | 9.30% | 9.44% | 8.97% | 8.73% | 8.81% | 9.27% | -17 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.70% | 87.60% | 88.84% | 90.74% | 91.53% | 93.62% | 92.10% | 96.36% | +562 bps | |
| Liquid Assets / Assets | 2.79% | 4.68% | 1.49% | 1.12% | 0.73% | 0.37% | 2.26% | 0.04% | -108 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |