Saint Clair, MI · Cert 57240
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 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.
Saint Clair, MI · Cert 57240
FDIC
Q3 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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.33% | 0.63% | 0.78% | 0.89% | 0.89% | 0.92% | 1.15% | 1.55% | +66 bps | |
| Return on Equity | -3.50% | 6.76% | 8.25% | 9.61% | 9.48% | 9.43% | 11.94% | 16.12% | +651 bps | |
| Net Interest Margin | 3.63% | 3.75% | 3.73% | 3.50% | 3.62% | 3.70% | 3.58% | 3.60% | +10 bps | |
| Efficiency Ratio | 80.95% | 77.82% | 76.09% | 75.61% | 74.60% | 78.58% | 74.58% | 67.21% | -841 bps | |
| Non-Interest Burden | 2.80% | 2.73% | 2.62% | 2.44% | 2.45% | 2.69% | 2.42% | 1.99% | -45 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.90% | 2.37% | 3.01% | 13.02% | 5.12% | 8.36% | 9.21% | 0.22% | -1,280 bps | |
| Loan Growth (YoY) | 9.48% | 8.43% | 2.14% | 1.83% | 5.49% | 7.03% | 9.50% | 6.98% | +515 bps | |
| Deposit Growth (YoY) | 1.67% | 2.66% | 3.35% | 15.33% | 3.03% | 9.02% | 10.44% | -0.71% | -1,604 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 | 2.37% | 3.16% | 1.72% | 1.44% | 1.35% | 0.10% | 0.15% | 0.21% | -124 bps | |
| Allowance / Loans | 5.59% | 5.08% | 5.14% | 4.73% | 4.39% | 4.40% | 4.28% | 4.15% | -57 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 | 13.58% | 14.08% | 14.20% | 14.40% | 13.79% | 14.21% | 14.10% | 14.74% | +34 bps | |
| Equity / Assets | 9.48% | 9.28% | 9.62% | 8.70% | 9.93% | 9.51% | 9.45% | 9.55% | +84 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.22% | 90.15% | 90.94% | 79.59% | 97.50% | 88.51% | 90.16% | 85.76% | +616 bps | |
| Liquid Assets / Assets | 5.77% | 12.55% | 1.32% | 12.72% | 1.51% | 4.47% | 1.88% | 9.06% | -366 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |