Plymouth, MI · Cert 35586
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Plymouth, MI · Cert 35586
FDIC
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.54% | -0.78% | -3.86% | -2.01% | -1.92% | -2.03% | -3.30% | -6.60% | -458 bps | |
| Return on Equity | -7.22% | -10.25% | -54.99% | -43.73% | -44.30% | -48.88% | -89.39% | -710% | -66,632 bps | |
| Net Interest Margin | 2.81% | 2.64% | 2.54% | 2.39% | 2.13% | 2.21% | 2.39% | 2.40% | +2 bps | |
| Efficiency Ratio | 76.29% | 84.05% | 87.89% | 104.36% | 129.16% | 122.12% | 120.99% | 197.01% | +9,266 bps | |
| Non-Interest Burden | 2.08% | 2.17% | 2.69% | 2.51% | 2.85% | 2.77% | 2.93% | 3.99% | +148 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 25.07% | 17.44% | 10.11% | 7.42% | 6.66% | -5.36% | -4.00% | -8.49% | -1,591 bps | |
| Loan Growth (YoY) | 27.29% | 12.57% | 8.94% | 9.59% | 0.74% | -0.07% | -6.74% | -11.07% | -2,066 bps | |
| Deposit Growth (YoY) | 22.82% | 17.72% | 13.90% | 12.72% | 12.38% | 2.58% | 2.46% | 2.24% | -1,049 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 | 0.05% | 1.83% | 3.22% | 1.18% | 1.46% | 1.96% | 4.01% | 5.02% | +385 bps | |
| Allowance / Loans | 2.17% | 1.16% | 2.35% | 2.60% | 2.45% | 2.30% | 1.94% | 2.32% | -29 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 | 10.65% | 11.52% | 7.91% | 7.42% | 6.88% | 6.35% | 4.09% | 0.24% | -718 bps | |
| Equity / Assets | 6.99% | 7.99% | 4.89% | 4.33% | 3.82% | 3.60% | 1.74% | 0.11% | -422 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 107.15% | 106.10% | 105.83% | 102.44% | 96.05% | 103.36% | 96.32% | 89.10% | -1,333 bps | |
| Liquid Assets / Assets | 0.09% | 0.08% | 0.50% | 0.16% | 4.80% | 2.62% | 7.07% | 9.94% | +978 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |