Alpena, MI · Cert 57029
FDIC · 1 branch
Q2 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2014, the quarter ended June 30, 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.
Alpena, MI · Cert 57029
FDIC · 1 branch
Q2 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 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.16%1 | 0.10%1 | 0.20% | 0.16% | 0.17% | 0.18% | 0.38% | 0.46% | +30 bps | |
| Return on Equity | 1.61% | 1.09% | 2.26% | 1.75% | 1.87% | 1.95% | 3.95% | 4.68% | +293 bps | |
| Net Interest Margin | 3.63% | 3.70% | 3.44% | 3.55% | 3.37% | 3.44% | 3.33% | 3.58% | +3 bps | |
| Efficiency Ratio | 100.32% | 100.24% | 88.98% | 91.60% | 90.88% | 90.88% | 85.84% | 83.01% | -859 bps | |
| Non-Interest Burden | 3.64% | 3.70% | 3.00% | 3.22% | 3.04% | 3.09% | 2.79% | 2.90% | -33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.00% | 23.71% | 2.11% | 0.77% | 1.32% | -15.58% | -3.16% | -5.08% | -585 bps | |
| Loan Growth (YoY) | -1.46% | 2.85% | -0.05% | -0.66% | -2.02% | -4.87% | -5.57% | -14.67% | -1,401 bps | |
| Deposit Growth (YoY) | 4.55% | 26.40% | 2.34% | 1.46% | 1.79% | -16.71% | -3.28% | -6.31% | -777 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 | 0.52% | 0.35% | -0.05% | 0.39% | 0.33% | 0.24% | 0.45% | 0.78% | +38 bps | |
| Allowance / Loans | 1.94% | 2.01% | 2.13% | 1.93% | 1.97% | 2.03% | 1.99% | 1.92% | -1 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 | 18.15% | 18.05% | 19.03% | 18.73% | 19.05% | 19.39% | 20.16% | 22.33% | +361 bps | |
| Equity / Assets | 9.69% | 8.15% | 9.83% | 9.30% | 9.24% | 9.30% | 9.96% | 10.33% | +103 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.19% | 52.19% | 62.16% | 61.83% | 59.86% | 59.61% | 60.70% | 56.31% | -552 bps | |
| Liquid Assets / Assets | 8.06% | 21.54% | 9.75% | 9.75% | 10.08% | 9.77% | 6.80% | 11.87% | +212 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |