Saline, MI · Cert 57070
FDIC
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.04% | -0.20% | -0.16% | -0.14% | -0.15% | 0.17% | 0.20% | 0.31% | +45 bps | |
| Return on Equity | -11.13% | -1.86% | -1.50% | -1.40% | -1.47% | 1.69% | 2.08% | 3.15% | +455 bps | |
| Net Interest Margin | 2.85% | 3.73% | 3.86% | 3.70% | 3.53% | 3.65% | 3.70% | 3.85% | +15 bps | |
| Efficiency Ratio | 124.83% | 97.96% | 97.23% | 97.42% | 97.87% | 93.76% | 92.49% | 89.46% | -796 bps | |
| Non-Interest Burden | 3.70% | 3.64% | 3.73% | 3.58% | 3.44% | 3.40% | 3.40% | 3.40% | -18 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 | 0.07% | 0.21% | 0.09% | 0.06% | 0.05% | 0.00% | 0.01% | 0.01% | -5 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 |