Northville, MI · Cert 57654
FDIC
Q2 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.68% | 0.48% | -0.65% | -1.15% | -2.59% | -9.01% | -9.48% | -10.98% | -983 bps | |
| Return on Equity | 8.11% | 5.07% | -7.03% | -13.37% | -31.75% | -122.89% | -170.63% | -308% | -29,500 bps | |
| Net Interest Margin | 3.76% | 3.63% | 3.32% | 3.45% | 2.69% | 2.07% | 1.19% | 1.50% | -196 bps | |
| Efficiency Ratio | 79.52% | 82.69% | 100.06% | 91.21% | 109.10% | 139.87% | 263% | 252% | +16,037 bps | |
| Non-Interest Burden | 2.79% | 2.82% | 3.32% | 3.04% | 3.03% | 3.29% | 4.13% | 4.32% | +127 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 | 0.14% | 0.17% | 0.54% | 0.20% | 0.93% | 10.06% | 8.82% | 13.15% | +1,295 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 |