Warren, MI · Cert 34824
FDIC
Q3 2009
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Warren, MI · Cert 34824
FDIC
Q3 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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.75% | 0.19% | 0.16% | -0.66% | -3.26% | -14.01% | -7.95% | -6.27% | -561 bps | |
| Return on Equity | -19.64% | 2.57% | 2.06% | -8.61% | -45.15% | -364% | -245% | -221% | -21,230 bps | |
| Net Interest Margin | 2.51% | 2.41% | 2.11% | 2.00% | 1.84% | 1.14% | 1.10% | 1.27% | -73 bps | |
| Efficiency Ratio | 59.98% | 83.41% | 83.34% | 110.90% | 145.82% | 202% | 201% | 196.69% | +8,579 bps | |
| Non-Interest Burden | 1.42% | 1.95% | 1.69% | 2.29% | 2.95% | 2.86% | 2.87% | 3.21% | +92 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.79% | -9.36% | -2.25% | -1.13% | -1.54% | 1.06% | -11.76% | -19.62% | -1,849 bps | |
| Loan Growth (YoY) | 5.96% | 2.54% | 0.62% | -5.20% | -4.96% | -11.47% | -11.01% | -10.15% | -494 bps | |
| Deposit Growth (YoY) | -11.13% | -14.40% | -8.12% | -5.31% | 1.30% | 10.42% | 0.87% | -7.82% | -251 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 | 1.32% | 0.03% | 1.84% | 3.27% | 5.17% | 21.84% | 11.23% | 8.04% | +477 bps | |
| Allowance / Loans | 5.77% | 5.85% | 5.15% | 4.17% | 4.43% | 3.93% | 4.11% | 4.31% | +14 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 | 9.82% | 10.12% | 12.04% | 12.27% | 7.44% | 3.78% | 3.32% | 2.59% | -968 bps | |
| Equity / Assets | 7.30% | 7.64% | 8.47% | 7.29% | 5.32% | 2.32% | 1.92% | 1.45% | -584 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.96% | 97.63% | 88.65% | 83.14% | 86.28% | 78.27% | 78.20% | 81.05% | -210 bps | |
| Liquid Assets / Assets | 0.03% | 0.07% | 0.07% | 0.05% | 0.20% | 0.67% | 2.07% | 0.69% | +63 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |