Goshen, IN · Cert 57037
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Goshen, IN · Cert 57037
FDIC
Q4 2013
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 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.24% | -0.06% | 0.16% | 0.02% | -0.14% | -38 bps | |
| Return on Equity | 3.17% | -0.72% | 1.89% | 0.22% | -1.63% | -480 bps | |
| Net Interest Margin | 3.95% | 3.90% | 3.98% | 4.06% | 4.14% | +18 bps | |
| Efficiency Ratio | 91.28% | 101.64% | 95.97% | 99.44% | 103.58% | +1,231 bps | |
| Non-Interest Burden | 3.57% | 3.96% | 3.82% | 4.04% | 4.28% | +71 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -15.05% | -8.10% | -9.35% | -8.08% | -14.81% | +24 bps | |
| Loan Growth (YoY) | -12.30% | -7.26% | -10.31% | -10.10% | -11.81% | +49 bps | |
| Deposit Growth (YoY) | -16.41% | -9.20% | -10.47% | -9.01% | -16.00% | +41 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.61% | 1.14% | 0.69% | 0.65% | 1.37% | +75 bps | |
| Allowance / Loans | 3.53% | 3.20% | 3.45% | 3.35% | 2.64% | -89 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 12.35% | 12.40% | 13.23% | 13.20% | 13.36% | +100 bps | |
| Equity / Assets | 8.23% | 8.19% | 8.70% | 8.81% | 9.52% | +129 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 87.23% | 87.80% | 85.38% | 86.38% | 91.57% | +434 bps | |
| Liquid Assets / Assets | 12.49% | 13.15% | 14.68% | 13.11% | 7.60% | -489 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |