Davison, MI · Cert 35345
FDIC · 6 branches
Q1 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2019, the quarter ended March 31, 2019, 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.
Davison, MI · Cert 35345
FDIC · 6 branches
Q1 2019
Market Position · Detroit-Warren-Dearborn, MI · 2018 SOD (annual) · 0.1% share · #32 of 46 inst. · $0.1B of $133.3B
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 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.25% | 1.19% | 1.04% | 0.67% | 0.59% | 0.64% | 0.75% | 0.86% | +19 bps | |
| Return on Equity | 10.46% | 9.70% | 8.41% | 5.39% | 4.74% | 5.09% | 5.96% | 6.67% | +128 bps | |
| Net Interest Margin | 4.11% | 4.14% | 3.98% | 3.87% | 3.79% | 3.82% | 3.92% | 3.92% | +5 bps | |
| Efficiency Ratio | 66.50% | 68.04% | 71.72% | 81.88% | 84.00% | 82.75% | 83.90% | 76.92% | -496 bps | |
| Non-Interest Burden | 2.07% | 2.20% | 2.36% | 2.96% | 2.97% | 2.95% | 3.10% | 2.88% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.59% | -2.11% | 1.96% | 1.77% | 6.99% | 4.46% | 4.10% | 0.07% | -169 bps | |
| Loan Growth (YoY) | -0.36% | 0.76% | 4.14% | 16.54% | 9.56% | 11.30% | 2.80% | -5.01% | -2,156 bps | |
| Deposit Growth (YoY) | 0.30% | -3.70% | 1.37% | 1.74% | 7.47% | 4.66% | 3.83% | -0.78% | -252 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.75% | 0.60% | 0.02% | 0.32% | 0.32% | 0.02% | 0.02% | 0.05% | -27 bps | |
| Net Charge-Offs / Loans | -0.19% | 0.10% | 0.06% | -0.06% | -0.08% | -0.07% | -0.07% | -0.02% | +4 bps | |
| Allowance / Loans | 1.48% | 1.32% | 1.12% | 1.05% | 1.12% | 1.13% | 0.93% | 0.94% | -11 bps | |
| Allowance Coverage of NPLs | 2.0x | 2.2x | 60.8x | 3.3x | 3.5x | 49.5x | 41.4x | 18.3x | +15.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.70% | 12.33% | 12.21% | 12.17% | 12.30% | 11.78% | 12.33% | 12.21% | +3 bps | |
| Total Risk-Based Capital | 18.32% | 18.32% | 16.95% | 18.28% | 18.97% | 17.44% | 18.47% | 19.94% | +166 bps | |
| Equity / Assets | 12.58% | 13.26% | 12.49% | 12.33% | 12.43% | 13.34% | 12.74% | 13.12% | +79 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.64% | 99.70% | 98.51% | 103.08% | 98.52% | 106.02% | 97.53% | 98.67% | -440 bps | |
| Liquid Assets / Assets | 11.89% | 9.63% | 9.73% | 7.48% | 12.02% | 6.41% | 13.23% | 12.36% | +487 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |