Traverse City, MI · Cert 35350
FDIC · 5 branches
Q1 2018
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 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.94% | 0.94% | 0.88% | 0.78% | 0.89% | 0.86% | 1.01% | 1.09% | +30 bps | |
| Return on Equity | 9.12% | 9.14% | 8.55% | 7.68% | 8.59% | 8.31% | 9.68% | 9.96% | +228 bps | |
| Net Interest Margin | 3.53% | 3.49% | 3.49% | 3.66% | 3.73% | 3.63% | 3.76% | 4.13% | +46 bps | |
| Efficiency Ratio | 70.03% | 69.57% | 68.27% | 74.90% | 70.48% | 68.16% | 65.45% | 72.88% | -201 bps | |
| Non-Interest Burden | 2.11% | 2.03% | 1.95% | 2.49% | 2.29% | 2.13% | 2.05% | 2.73% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.05% | 5.56% | 6.15% | 9.79% | 12.47% | 11.77% | 7.80% | 6.32% | -346 bps | |
| Loan Growth (YoY) | 6.14% | 8.43% | 12.37% | 16.63% | 19.20% | 16.98% | 15.77% | 16.37% | -25 bps | |
| Deposit Growth (YoY) | 6.17% | 5.57% | 6.47% | 8.42% | 10.89% | 10.26% | 5.43% | 6.75% | -167 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.86% | 0.76% | 0.32% | 0.25% | 0.19% | -67 bps | |
| Net Charge-Offs / Loans | -0.06% | -0.05% | 0.11% | -0.07% | 0.20% | 0.61% | 0.56% | -0.02% | +5 bps | |
| Allowance / Loans | 1.10% | 1.13% | 1.17% | 1.16% | 1.04% | 0.84% | 0.93% | 0.90% | -25 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 1.3x | 1.4x | 2.6x | 3.7x | 4.6x | +3.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.80% | 9.74% | 9.73% | 9.75% | 10.20% | 9.83% | 10.13% | 10.49% | +74 bps | |
| Total Risk-Based Capital | 14.54% | 14.27% | 13.92% | 13.75% | 13.43% | 13.40% | 13.30% | 13.19% | -56 bps | |
| Equity / Assets | 10.54% | 10.18% | 10.26% | 10.17% | 10.54% | 10.21% | 10.87% | 10.97% | +80 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.82% | 90.17% | 94.12% | 95.80% | 99.78% | 95.66% | 103.35% | 104.43% | +863 bps | |
| Liquid Assets / Assets | 14.84% | 15.14% | 12.97% | 13.53% | 9.46% | 13.59% | 7.42% | 6.61% | -693 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |