Saline, MI · Cert 57070
FDIC
Q3 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.13% | -0.20% | -0.12% | -0.12% | -0.16% | 0.17% | 0.24% | 0.51% | +63 bps | |
| Return on Equity | -1.41% | -1.86% | -1.15% | -1.22% | -1.64% | 1.69% | 2.47% | 5.28% | +650 bps | |
| Net Interest Margin | 3.53% | 3.73% | 4.06% | 4.01% | 3.78% | 3.65% | 3.82% | 4.20% | +19 bps | |
| Efficiency Ratio | 98.94% | 97.96% | 96.57% | 97.76% | 99.21% | 93.76% | 91.28% | 84.01% | -1,375 bps | |
| Non-Interest Burden | 3.48% | 3.64% | 3.89% | 3.91% | 3.75% | 3.40% | 3.45% | 3.48% | -42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 66.89% | 31.54% | 25.58% | 14.22% | 20.05% | 15.66% | 8.33% | 7.01% | -720 bps | |
| Loan Growth (YoY) | 67.43% | 57.02% | 49.14% | 29.34% | 28.41% | 13.72% | 11.92% | 8.43% | -2,090 bps | |
| Deposit Growth (YoY) | 68.06% | 30.02% | 15.67% | 1.01% | 16.92% | 12.41% | 11.93% | 14.17% | +1,316 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 | -0.02% | 0.21% | -0.01% | 0.01% | 0.04% | 0.00% | 0.02% | 0.01% | +1 bps | |
| Allowance / Loans | 1.10% | 1.10% | 1.10% | 1.10% | 1.13% | 1.21% | 1.12% | 1.10% | -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 | 14.81% | 13.25% | 11.40% | 13.45% | 12.04% | 12.79% | 11.47% | 10.16% | -329 bps | |
| Equity / Assets | 10.94% | 10.71% | 9.84% | 9.94% | 9.66% | 9.90% | 9.80% | 9.48% | -47 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 96.59% | 100.18% | 106.83% | 111.05% | 106.09% | 101.34% | 106.82% | 105.47% | -558 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |