Troy, MI · Cert 34353
FDIC · 1 branch
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 2018, 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.
Troy, MI · Cert 34353
FDIC · 1 branch
Q2 2018
Market Position · Detroit-Warren-Dearborn, MI · 2018 SOD (annual) · 0.8% share · #12 of 46 inst. · $1.1B of $133.3B
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 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.74% | 1.86% | 2.11% | 2.15% | 2.11% | 2.87% | 1.90% | 1.98% | -18 bps | |
| Return on Equity | 16.61% | 17.97% | 20.64% | 21.33% | 21.15% | 28.52% | 18.06% | 18.89% | -244 bps | |
| Net Interest Margin | 7.96% | 7.93% | 8.44% | 8.53% | 8.00% | 7.54% | 8.67% | 8.27% | -26 bps | |
| Efficiency Ratio | 76.93% | 76.15% | 75.76% | 76.58% | 73.46% | 72.72% | 74.17% | 71.71% | -487 bps | |
| Non-Interest Burden | 4.93% | 4.79% | 4.81% | 5.16% | 4.44% | 4.13% | 5.34% | 4.79% | -37 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.69% | 16.10% | 12.98% | 20.61% | 27.08% | 33.41% | 32.78% | 32.90% | +1,229 bps | |
| Loan Growth (YoY) | 12.40% | 20.59% | 16.02% | 27.60% | 29.18% | 32.99% | 37.43% | 36.05% | +844 bps | |
| Deposit Growth (YoY) | 12.84% | 10.97% | 12.78% | 23.49% | 31.58% | 41.66% | 34.43% | 33.84% | +1,034 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.52% | 0.96% | 1.73% | 0.74% | 1.05% | 1.49% | +53 bps | |
| Net Charge-Offs / Loans | 0.43% | 0.54% | -0.40% | 0.21% | 0.63% | 0.76% | 0.36% | 0.68% | +47 bps | |
| Allowance / Loans | 1.37% | 1.46% | 1.58% | 1.20% | 1.18% | 1.11% | 1.16% | 0.96% | -24 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 3.0x | 1.3x | 0.7x | 1.5x | 1.1x | 0.6x | -0.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.13% | 9.60% | 9.78% | 9.58% | 9.53% | 10.26% | 10.38% | 10.21% | +62 bps | |
| Total Risk-Based Capital | 11.54% | 11.06% | 11.58% | 10.58% | 10.64% | 11.77% | 12.21% | 11.48% | +91 bps | |
| Equity / Assets | 10.47% | 10.02% | 10.44% | 9.85% | 9.67% | 10.34% | 10.72% | 10.33% | +48 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.07% | 97.60% | 91.60% | 93.37% | 91.38% | 91.63% | 93.65% | 94.92% | +154 bps | |
| Liquid Assets / Assets | 3.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |