Charlevoix, MI · Cert 33926 · Charlevoix First Corp.
State charter, non-member · FDIC · 7 branches
Q2 2026
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 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 1.25% | 1.47% | 1.48% | 1.60% | 1.65% | 1.63% | 1.82% | +34 bps | |
| Return on Equity | 15.70% | 16.14% | 16.10% | 15.99% | 17.20% | 17.45% | 16.50% | 18.47% | +248 bps | |
| Net Interest Margin | 3.21% | 3.56% | 3.63% | 3.73% | 3.67% | 3.90% | 4.24% | 4.36% | +63 bps | |
| Efficiency Ratio | 62.92% | 63.78% | 58.73% | 59.29% | 59.05% | 59.13% | 58.89% | 56.92% | -237 bps | |
| Non-Interest Burden | 1.71% | 1.87% | 1.76% | 1.83% | 1.71% | 1.84% | 2.15% | 2.02% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -15.14% | -12.04% | -9.25% | -4.89% | 2.70% | 0.41% | 3.56% | 2.31% | +719 bps | |
| Loan Growth (YoY) | 3.90% | 7.75% | 6.41% | 3.75% | 3.16% | 5.21% | 5.70% | 7.74% | +398 bps | |
| Deposit Growth (YoY) | -15.18% | -10.81% | -1.68% | -0.91% | 1.34% | -1.29% | 3.11% | 1.84% | +275 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.10% | 0.10% | 0.17% | 0.62% | 0.60% | 0.63% | 0.31% | 0.22% | -40 bps | |
| Net Charge-Offs / Loans | -0.01% | 0.00% | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | -3 bps | |
| Allowance / Loans | 1.29% | 1.23% | 1.23% | 1.23% | 1.23% | 1.15% | 1.15% | 1.13% | -10 bps | |
| Allowance Coverage of NPLs | 12.6x | 12.5x | 7.1x | 2.0x | 2.0x | 1.8x | 3.7x | 5.1x | +3.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.80% | 10.60% | 10.59% | 10.63% | 10.02% | 10.31% | 10.43% | 10.41% | -22 bps | |
| Total Risk-Based Capital | 20.31% | 20.08% | 20.02% | 20.61% | 20.33% | 19.54% | 19.62% | 19.51% | -110 bps | |
| Equity / Assets | 8.80% | 8.90% | 9.41% | 9.40% | 9.41% | 10.01% | 9.79% | 9.69% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 53.98% | 57.13% | 58.14% | 56.44% | 54.95% | 60.88% | 59.60% | 59.71% | +327 bps | |
| Liquid Assets / Assets | 5.02% | 3.36% | 6.00% | 15.00% | 13.38% | 8.17% | 11.72% | 14.38% | -62 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 187.30% | 199.49% | 208% | n/a | n/a | |