Bingham Farms, MI · Cert 57878
FDIC · 2 branches
Q4 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2020, the quarter ended December 31, 2020, 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.
Bingham Farms, MI · Cert 57878
FDIC · 2 branches
Q4 2020
Market Position · Detroit-Warren-Dearborn, MI · 2020 SOD (annual) · 0.1% share · #20 of 43 inst. · $0.3B of $182.8B
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 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.05% | 0.28% | 0.62% | 0.38% | 1.19% | 1.53% | 1.73% | 1.90% | +152 bps | |
| Return on Equity | -0.57% | 3.19% | 7.11% | 4.32% | 10.26% | 12.31% | 13.43% | 14.19% | +988 bps | |
| Net Interest Margin | 3.76% | 3.63% | 3.47% | 3.53% | 2.62% | 3.64% | 3.93% | 4.06% | +53 bps | |
| Efficiency Ratio | 100.86% | 96.38% | 88.47% | 90.41% | 71.65% | 73.03% | 67.53% | 66.09% | -2,432 bps | |
| Non-Interest Burden | 3.81% | 3.39% | 2.68% | 2.83% | 0.82% | 0.96% | 0.71% | 0.46% | -237 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.26% | 12.68% | 12.99% | 8.38% | 17.16% | 17.59% | 15.76% | 16.79% | +841 bps | |
| Loan Growth (YoY) | 12.91% | 15.07% | 15.10% | 9.59% | 10.00% | 10.05% | 7.16% | 9.90% | +31 bps | |
| Deposit Growth (YoY) | 11.82% | 17.16% | 8.56% | 6.36% | 5.62% | 9.25% | 15.73% | 9.71% | +335 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.18% | 0.44% | 0.40% | 0.38% | 0.10% | 0.55% | 0.30% | 0.33% | -4 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.01% | 0.10% | 0.08% | 0.00% | 0.00% | 0.01% | 0.01% | -7 bps | |
| Allowance / Loans | 0.55% | 0.50% | 0.48% | 0.70% | 0.00% | 0.33% | 0.72% | 1.16% | +46 bps | |
| Allowance Coverage of NPLs | 3.0x | 1.1x | 1.2x | 1.9x | 0.0x | 0.6x | 2.4x | 3.5x | +1.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.86% | 8.79% | 8.67% | 8.65% | 8.47% | 8.52% | 8.75% | 9.43% | +78 bps | |
| Total Risk-Based Capital | 11.72% | 11.16% | 11.34% | 11.96% | 9.51% | 8.52% | 8.75% | 9.43% | -253 bps | |
| Equity / Assets | 8.89% | 8.41% | 8.51% | 8.89% | 14.03% | 13.86% | 14.11% | 15.28% | +639 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.90% | 111.17% | 118.67% | 110.91% | 109.24% | 111.98% | 109.88% | 111.11% | +20 bps | |
| Liquid Assets / Assets | 2.10% | 2.17% | 1.30% | 1.93% | 1.38% | 2.12% | 1.78% | 1.51% | -42 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |