Ann Arbor, MI · Cert 57133
FDIC
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.61% | 0.40% | 0.37% | -2.16% | -1.02% | -0.71% | -0.39% | 0.66% | +282 bps | |
| Return on Equity | 6.69% | 4.40% | 4.10% | -23.85% | -11.36% | -8.01% | -4.44% | 7.58% | +3,143 bps | |
| Net Interest Margin | 3.71% | 3.70% | 3.53% | 3.59% | 3.53% | 3.53% | 3.53% | 3.75% | +16 bps | |
| Efficiency Ratio | 71.10% | 70.32% | 70.14% | 69.89% | 68.79% | 66.52% | 63.62% | 60.33% | -956 bps | |
| Non-Interest Burden | 2.31% | 2.27% | 2.16% | 4.33% | 3.03% | 2.57% | 2.26% | 1.81% | -252 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.43% | 11.43% | 15.21% | 12.81% | 15.43% | 16.03% | 13.04% | 8.90% | -391 bps | |
| Loan Growth (YoY) | 12.25% | 13.66% | 16.37% | 10.78% | 9.01% | 5.55% | -0.10% | -2.10% | -1,288 bps | |
| Deposit Growth (YoY) | 10.55% | 6.53% | 14.87% | 19.64% | 17.33% | 21.85% | 15.44% | 14.35% | -528 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 | 0.33% | 0.56% | 0.58% | 0.65% | 1.25% | 1.17% | 1.97% | 0.58% | -7 bps | |
| Allowance / Loans | 2.04% | 2.10% | 2.07% | 2.61% | 2.63% | 2.95% | 2.34% | 2.55% | -6 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 | 10.41% | 10.65% | 10.47% | 11.55% | 11.70% | 11.52% | 11.82% | 12.38% | +82 bps | |
| Equity / Assets | 8.99% | 9.23% | 8.91% | 9.20% | 8.94% | 8.66% | 8.56% | 8.82% | -38 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 110.11% | 113.96% | 110.61% | 109.11% | 102.30% | 98.72% | 95.72% | 93.41% | -1,570 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.02% | 11.07% | +1,107 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |