Alpena, MI · Cert 57029
FDIC · 1 branch
Q2 2014
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.32%1 | -0.04% | 0.20% | 0.12% | 0.20% | 0.21% | 0.38% | 0.55% | +43 bps | |
| Return on Equity | 3.28% | -0.45% | 2.26% | 1.21% | 2.12% | 2.23% | 3.95% | 5.40% | +418 bps | |
| Net Interest Margin | 3.61% | 3.67% | 3.44% | 3.62% | 3.29% | 3.33% | 3.33% | 3.73% | +11 bps | |
| Efficiency Ratio | 107.32% | 99.71% | 88.98% | 94.35% | 89.41% | 90.88% | 85.84% | 80.28% | -1,407 bps | |
| Non-Interest Burden | 3.89% | 3.66% | 3.00% | 3.40% | 2.90% | 2.99% | 2.79% | 2.92% | -48 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 | 0.77% | -0.13% | -0.05% | 0.84% | 0.19% | -0.05% | 0.45% | 1.06% | +22 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 |