Grand Rapids, MI · Cert 34127
FDIC
Q3 2012
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.54% | 0.08% | 0.82% | 0.88% | 0.46% | 0.71% | 0.53% | 0.79% | -9 bps | |
| Return on Equity | -6.15% | 0.94% | 9.14% | 9.46% | 4.68% | 6.59% | 4.40% | 5.69% | -377 bps | |
| Net Interest Margin | 3.54% | 3.79% | 4.17% | 4.44% | 4.67% | 4.65% | 4.87% | 5.32% | +88 bps | |
| Efficiency Ratio | 116.45% | 81.97% | 72.78% | 70.35% | 76.60% | 70.65% | 87.45% | 80.90% | +1,055 bps | |
| Non-Interest Burden | 4.09% | 3.13% | 3.06% | 3.18% | 3.67% | 3.31% | 4.33% | 4.53% | +136 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 | 0.74% | 1.78% | 3.46% | 0.77% | 2.71% | 0.55% | 0.98% | 0.74% | -3 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 |