East Lansing, MI · Cert 57401
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.85% | 0.91% | 1.03% | 1.19% | 1.18% | 1.16% | 0.99% | -4 bps | |
| Return on Equity | 8.11% | 9.47% | 10.05% | 10.56% | 12.14% | 11.88% | 11.58% | 9.26% | -130 bps | |
| Net Interest Margin | 3.62% | 3.62% | 3.67% | 3.87% | 3.80% | 3.79% | 3.76% | 3.91% | +4 bps | |
| Efficiency Ratio | 80.97% | 78.52% | 77.62% | 78.46% | 75.66% | 75.88% | 75.56% | 77.71% | -74 bps | |
| Non-Interest Burden | 2.22% | 1.99% | 1.90% | 2.10% | 1.79% | 1.85% | 1.86% | 2.40% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.76% | 5.36% | 2.12% | -2.06% | 1.02% | -3.09% | -0.64% | -3.76% | -170 bps | |
| Loan Growth (YoY) | 8.95% | 13.72% | 8.26% | 13.47% | 4.07% | -4.09% | 0.96% | -1.87% | -1,534 bps | |
| Deposit Growth (YoY) | -2.27% | -0.95% | -6.52% | -9.00% | 0.33% | 0.23% | 6.23% | -0.31% | +868 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 | 0.44% | 0.34% | 0.36% | 0.17% | 0.40% | 0.33% | 0.36% | 0.53% | +36 bps | |
| Allowance / Loans | 1.29% | 1.34% | 1.45% | 1.47% | 1.34% | 1.36% | 1.23% | 1.16% | -31 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 | 14.52% | 14.27% | 13.89% | 14.11% | 14.35% | 14.44% | 14.59% | 15.30% | +118 bps | |
| Equity / Assets | 9.07% | 9.04% | 9.58% | 9.84% | 9.90% | 10.27% | 10.47% | 10.86% | +102 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.56% | 109.98% | 114.68% | 111.45% | 108.45% | 105.24% | 109.00% | 109.71% | -174 bps | |
| Liquid Assets / Assets | 1.66% | 1.63% | 1.65% | 1.71% | 1.88% | 3.15% | 1.81% | 8.14% | +643 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |