PackageTrendsPeer
Letter portraitLegal landscape

Warren Bank

Warren, MI · Cert 34824

FDIC

Q3 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2009, the quarter ended September 30, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Warren Bank

Warren, MI · Cert 34824

FDIC

Q3 2009

$504.8MAssets
$379.1MLoans
$467.8MDeposits
$7.3MEquity
Loan mix
95%RE $260.4M5%C&I $12.5M0%Consumer $0.1MQ3 2008Q3 2009
Deposit mix
98%Interest-bearing $456.8M2%Noninterest $10.9MQ3 2008Q3 2009

NIM

6.72%Q3 ’075.26%Q3 ’084.64%Q3 ’09-21%-37%

Non-interest income vs. expense

1.58%Q3 ’072.91%Q3 ’083.94%Q3 ’09+67%+40%

Executive Summary

  • Earnings: ROA of -6.27%, down 561 bps year over year; NIM at 1.27%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.04%.
  • Funding: loans stand at 81.05% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-6.27%-561 bps YoY

Net Interest Margin (YTD, annualized)

1.27%-73 bps YoY

Efficiency Ratio (YTD, annualized)

196.69%+8,579 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-0.66%-3.26%-14.01%-7.95%-6.27%-561 bps
Return on Equity-8.61%-45.15%-364%-245%-221%-21,230 bps
Net Interest Margin2.00%1.84%1.14%1.10%1.27%-73 bps
Efficiency Ratio110.90%145.82%202%201%196.69%+8,579 bps
Non-Interest Burden2.29%2.95%2.86%2.87%3.21%+92 bps
Growth
Asset Growth (YoY)-1.13%-1.54%1.06%-11.76%-19.62%-1,849 bps
Loan Growth (YoY)-5.20%-4.96%-11.47%-11.01%-10.15%-494 bps
Deposit Growth (YoY)-5.31%1.30%10.42%0.87%-7.82%-251 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.27%5.17%21.84%11.23%8.04%+477 bps
Allowance / Loans4.17%4.43%3.93%4.11%4.31%+14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.27%7.44%3.78%3.32%2.59%-968 bps
Equity / Assets7.29%5.32%2.32%1.92%1.45%-584 bps
Liquidity & Funding
Loans / Deposits83.14%86.28%78.27%78.20%81.05%-210 bps
Liquid Assets / Assets0.05%0.20%0.67%2.07%0.69%+63 bps
CRE / Total Capitaln/an/an/an/an/an/an/a