Rochester Hills, MI · Cert 34879
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Rochester Hills, MI · Cert 34879
FDIC
Q3 2003
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 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.17% | 0.99% | 0.94% | 0.12% | -0.28% | 0.52% | 0.31% | 0.39% | +27 bps | |
| Return on Equity | n/a | 11.15% | 10.75% | 1.34% | -3.13% | 5.88% | 3.39% | 4.08% | +274 bps | |
| Net Interest Margin | 3.30% | 4.47% | 4.23% | 4.11% | 4.24% | 3.87% | 3.84% | 4.20% | +9 bps | |
| Efficiency Ratio | 110.54% | 73.89% | 72.47% | 76.15% | 75.67% | 80.57% | 85.59% | 86.13% | +998 bps | |
| Non-Interest Burden | 3.66% | 3.26% | 3.01% | 3.08% | 3.14% | 3.07% | 3.25% | 3.58% | +50 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.91% | -7.30% | 4.23% | -4.44% | -1.49% | -1.70% | -16.67% | -21.29% | -1,685 bps | |
| Loan Growth (YoY) | -2.49% | 3.95% | 0.89% | 7.61% | 3.07% | -5.77% | -19.19% | -19.82% | -2,742 bps | |
| Deposit Growth (YoY) | -10.82% | -6.70% | 4.25% | -5.14% | -1.10% | -7.76% | -17.66% | -23.04% | -1,791 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 | 0.74% | 0.00% | 0.05% | 2.68% | 2.17% | -0.08% | -0.12% | -0.95% | -362 bps | |
| Allowance / Loans | 3.09% | 2.90% | 3.00% | 1.85% | 2.49% | 2.64% | 3.22% | 4.04% | +220 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 | 11.72% | 11.30% | 11.54% | 11.61% | 11.27% | 11.41% | 13.10% | 14.47% | +286 bps | |
| Equity / Assets | 8.99% | 8.85% | 8.52% | 8.99% | 8.89% | 8.68% | 9.62% | 11.14% | +215 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.98% | 92.61% | 86.22% | 90.56% | 92.74% | 94.60% | 84.61% | 94.35% | +379 bps | |
| Liquid Assets / Assets | 4.60% | 7.48% | 0.26% | 0.29% | 0.30% | 0.29% | 0.32% | 0.37% | +8 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |