Holland, MI · Cert 34862
FDIC · 3 branches
Q3 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2015, the quarter ended September 30, 2015, 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.
Holland, MI · Cert 34862
FDIC · 3 branches
Q3 2015
Market Position · Grand Rapids-Wyoming, MI · 2015 SOD (annual) · 3.3% share · #10 of 32 inst. · $0.6B of $19.6B
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 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.26% | 1.09% | 1.15% | 1.22% | 1.34% | 1.52% | 0.21% | 0.59% | -62 bps | |
| Return on Equity | 13.70% | 12.31% | 12.98% | 13.79% | 14.98% | 16.18% | 1.73% | 4.46% | -934 bps | |
| Net Interest Margin | 3.31% | 3.39% | 3.34% | 3.23% | 3.30% | 3.41% | 0.60% | 1.53% | -170 bps | |
| Efficiency Ratio | 50.92% | 52.87% | 51.92% | 51.33% | 48.75% | 47.40% | 47.28% | 43.57% | -776 bps | |
| Non-Interest Burden | 1.39% | 1.68% | 1.60% | 1.53% | 1.46% | 1.44% | 0.26% | 0.63% | -90 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.54% | 11.23% | 14.53% | 15.90% | 10.26% | 10.71% | 15.23% | 8.11% | -779 bps | |
| Loan Growth (YoY) | 11.44% | 14.17% | 15.75% | 13.53% | 12.42% | 13.79% | 10.70% | 7.95% | -558 bps | |
| Deposit Growth (YoY) | 5.22% | 5.06% | 14.84% | 16.32% | 11.30% | 8.78% | -0.17% | -7.28% | -2,360 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 | 0.14% | 0.14% | 0.04% | -0.01% | 0.00% | -0.01% | -0.01% | -0.01% | 0 bps | |
| Allowance / Loans | 1.62% | 1.58% | 1.57% | 1.61% | 1.54% | 1.49% | 0.00% | 0.00% | -161 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 | 9.62% | 9.94% | 9.80% | n/a | |
| Total Risk-Based Capital | 11.75% | 11.80% | 11.73% | 12.06% | 12.16% | 11.75% | 10.19% | 10.59% | -147 bps | |
| Equity / Assets | 8.89% | 8.83% | 8.79% | 8.78% | 9.42% | 9.34% | 16.59% | 17.33% | +855 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.60% | 99.31% | 98.67% | 95.68% | 102.62% | 103.88% | 109.41% | 111.39% | +1,571 bps | |
| Liquid Assets / Assets | 2.90% | 3.33% | 3.66% | 7.16% | 3.20% | 4.22% | 0.80% | 0.64% | -651 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |