Kentwood, MI · Cert 34609
FDIC
Q4 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.87% | 0.43% | 0.15% | -1.24% | -0.26% | -5.39% | -1.16% | -2.55% | -130 bps | |
| Return on Equity | 8.59% | 4.09% | 1.48% | -12.79% | -2.79% | -62.21% | -13.85% | -28.44% | -1,565 bps | |
| Net Interest Margin | 4.12% | 4.24% | 4.10% | 3.33% | 3.21% | 3.25% | 2.95% | 2.85% | -49 bps | |
| Efficiency Ratio | 70.49% | 74.84% | 82.82% | 104.16% | 81.06% | 120.86% | 171.03% | 131.50% | +2,735 bps | |
| Non-Interest Burden | 2.65% | 3.09% | 3.34% | 3.48% | 2.50% | 3.83% | 4.37% | 3.72% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.22% | -1.99% | -7.47% | 0.37% | 3.76% | 6.83% | 3.88% | -8.20% | -857 bps | |
| Loan Growth (YoY) | -1.31% | -2.63% | -5.49% | 0.62% | 3.49% | 0.98% | -3.19% | -14.66% | -1,528 bps | |
| Deposit Growth (YoY) | 3.89% | -10.98% | -5.42% | -3.72% | 1.68% | 21.24% | 11.74% | -4.60% | -88 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 | 0.29% | 0.38% | 0.31% | 0.91% | 1.51% | 4.01% | 0.14% | 2.84% | +193 bps | |
| Allowance / Loans | 1.69% | 1.70% | 1.75% | 1.83% | 1.88% | 2.98% | 3.14% | 3.46% | +162 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 | 11.29% | 11.09% | 10.91% | 9.97% | 10.45% | 9.00% | 9.76% | 9.64% | -33 bps | |
| Equity / Assets | 10.54% | 10.38% | 10.27% | 9.23% | 9.49% | 7.87% | 8.85% | 9.05% | -18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.99% | 122.21% | 118.87% | 115.28% | 107.88% | 101.78% | 102.99% | 103.12% | -1,216 bps | |
| Liquid Assets / Assets | 0.28% | 0.25% | 0.09% | 0.03% | 0.05% | 0.11% | 0.07% | 6.39% | +636 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |