Fort Wayne, IN · Cert 35040
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Fort Wayne, IN · Cert 35040
FDIC
Q1 2014
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 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.85% | 0.91% | 0.98% | 1.26% | 1.14% | 1.21% | 1.30% | 1.68% | +42 bps | |
| Return on Equity | 7.00% | 7.36% | 8.03% | 10.65% | 9.70% | 10.44% | 11.21% | 13.91% | +327 bps | |
| Net Interest Margin | 3.50% | 3.52% | 3.34% | 3.03% | 3.07% | 3.03% | 2.98% | 2.97% | -7 bps | |
| Efficiency Ratio | 64.49% | 63.82% | 65.66% | 68.53% | 67.22% | 67.61% | 69.00% | 61.74% | -679 bps | |
| Non-Interest Burden | 1.80% | 1.76% | 1.75% | 1.63% | 1.60% | 1.59% | 1.63% | 1.29% | -34 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.51% | -1.65% | -2.43% | 4.42% | 4.38% | 8.01% | 1.19% | -0.78% | -520 bps | |
| Loan Growth (YoY) | -4.77% | -1.87% | -2.59% | -4.06% | -4.89% | -2.25% | 0.56% | -8.20% | -414 bps | |
| Deposit Growth (YoY) | 0.02% | -6.89% | -7.23% | 5.49% | 5.44% | 11.26% | 6.47% | -1.48% | -697 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 | 0.88% | 0.91% | 0.79% | 0.31% | 0.24% | 0.19% | 0.13% | -0.27% | -59 bps | |
| Allowance / Loans | 1.94% | 1.84% | 1.82% | 1.72% | 1.76% | 1.50% | 1.25% | 1.25% | -47 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 | 15.75% | 16.12% | 15.30% | 15.72% | 15.84% | 15.52% | 15.89% | 17.85% | +213 bps | |
| Equity / Assets | 12.67% | 13.07% | 11.78% | 11.84% | 11.53% | 11.29% | 11.66% | 12.48% | +63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 84.50% | 87.58% | 81.00% | 75.88% | 76.22% | 76.94% | 76.50% | 70.70% | -518 bps | |
| Liquid Assets / Assets | 2.03% | 0.47% | 0.21% | 1.22% | 0.17% | 0.31% | 4.33% | 10.01% | +879 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |