Michigan City, IN · Cert 34376
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Michigan City, IN · Cert 34376
FDIC
Q2 2009
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 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 40.25% | 40.20% | 30.18% | 30.61% | 29.70% | 28.17% | 23.77% | 22.02% | -859 bps | |
| Return on Equity | 40.55% | 40.53% | 30.39% | 30.85% | 29.93% | 28.39% | 23.97% | 22.20% | -865 bps | |
| Net Interest Margin | 2.42% | 1.84% | 1.62% | 1.56% | 1.43% | 1.28% | 0.80% | 1.25% | -31 bps | |
| Efficiency Ratio | 58.00% | 56.67% | 58.69% | 59.42% | 58.56% | 58.72% | 58.27% | 58.63% | -79 bps | |
| Non-Interest Burden | -72.01% | -55.71% | -48.37% | -47.39% | -44.26% | -40.89% | -38.02% | -33.95% | +1,344 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 52.16% | 49.37% | 48.17% | 44.56% | 39.11% | 32.36% | 31.76% | 27.73% | -1,682 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 175.24% | 160.76% | 155.68% | 147.56% | 142.52% | 141.65% | 532% | 132.54% | -1,502 bps | |
| Equity / Assets | 99.53% | 98.88% | 99.67% | 99.16% | 99.19% | 99.24% | 99.11% | 99.27% | +11 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 64.49% | 66.17% | +6,617 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |