Northville, MI · Cert 57654
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Northville, MI · Cert 57654
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.33% | 0.37% | -0.65% | -0.91% | -1.49% | -3.34% | -9.48% | -10.29% | -938 bps | |
| Return on Equity | 3.67% | 4.08% | -7.03% | -10.20% | -17.15% | -40.20% | -170.63% | -221% | -21,102 bps | |
| Net Interest Margin | 3.37% | 3.24% | 3.32% | 3.31% | 2.97% | 3.02% | 1.19% | 1.45% | -186 bps | |
| Efficiency Ratio | 83.67% | 83.39% | 100.06% | 95.33% | 99.61% | 107.10% | 263% | 258% | +16,231 bps | |
| Non-Interest Burden | 2.68% | 2.56% | 3.32% | 3.10% | 2.96% | 3.31% | 4.13% | 4.57% | +146 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 77.20% | 48.20% | 43.04% | 18.33% | 11.34% | -2.73% | -15.12% | -28.93% | -4,726 bps | |
| Loan Growth (YoY) | 76.75% | 48.23% | 34.53% | 21.83% | 11.36% | -9.93% | -21.87% | -26.85% | -4,868 bps | |
| Deposit Growth (YoY) | 83.91% | 45.58% | 43.91% | 16.67% | 8.58% | -0.80% | -14.92% | -30.67% | -4,734 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 | 0.06% | 0.08% | 0.54% | 0.37% | 0.56% | 3.00% | 8.82% | 11.26% | +1,089 bps | |
| Allowance / Loans | 1.02% | 1.00% | 1.00% | 1.43% | 1.94% | 2.36% | 2.54% | 2.10% | +68 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 | 12.46% | 12.98% | 12.09% | 11.88% | 11.17% | 8.56% | 6.81% | 4.20% | -768 bps | |
| Equity / Assets | 9.03% | 9.75% | 8.81% | 8.33% | 7.99% | 6.60% | 4.47% | 2.49% | -584 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.95% | 96.98% | 89.28% | 88.59% | 91.23% | 88.06% | 81.99% | 93.47% | +488 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.01% | 0.01% | 0.02% | 0.02% | 0.02% | 0.03% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |