Grand Rapids, MI · Cert 34127
FDIC
Q3 2012
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2012, the quarter ended September 30, 2012, 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.
Grand Rapids, MI · Cert 34127
FDIC
Q3 2012
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 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.42% | 0.08% | 0.45% | 0.59% | 0.56% | 0.71% | 0.63% | 0.68% | +9 bps | |
| Return on Equity | -28.49% | 0.94% | 5.06% | 6.55% | 6.07% | 6.59% | 5.51% | 5.58% | -96 bps | |
| Net Interest Margin | 3.24% | 3.79% | 3.99% | 4.22% | 4.40% | 4.65% | 4.94% | 5.47% | +125 bps | |
| Efficiency Ratio | 123.40% | 81.97% | 77.16% | 74.80% | 75.25% | 70.65% | 78.46% | 79.16% | +436 bps | |
| Non-Interest Burden | 3.93% | 3.13% | 3.10% | 3.18% | 3.36% | 3.31% | 3.94% | 4.46% | +128 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -15.33% | -8.01% | -3.96% | -4.94% | -8.37% | -8.19% | -18.53% | -26.09% | -2,114 bps | |
| Loan Growth (YoY) | -19.95% | -14.55% | -11.28% | -8.25% | -8.09% | -9.13% | -13.55% | -25.41% | -1,716 bps | |
| Deposit Growth (YoY) | -15.02% | -9.76% | -4.50% | -5.95% | -5.98% | -6.90% | -18.64% | -27.37% | -2,142 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 | 2.20% | 1.78% | 2.64% | 2.04% | 2.25% | 0.55% | 0.79% | 0.86% | -118 bps | |
| Allowance / Loans | 3.37% | 3.18% | 2.49% | 2.45% | 2.01% | 2.15% | 2.07% | 2.24% | -21 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 | 11.82% | 11.96% | 12.62% | 12.90% | 13.30% | 15.16% | 16.38% | 19.48% | +658 bps | |
| Equity / Assets | 8.76% | 8.87% | 9.12% | 9.58% | 10.13% | 11.37% | 12.99% | 14.89% | +531 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.42% | 90.59% | 89.00% | 90.78% | 89.36% | 88.42% | 94.57% | 93.23% | +245 bps | |
| Liquid Assets / Assets | 5.48% | 5.93% | 8.29% | 5.93% | 0.20% | 6.60% | 2.59% | 4.38% | -156 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |