Novi, MI · Cert 58340
FDIC · 2 branches
Q4 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2014, the quarter ended December 31, 2014, 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.
Novi, MI · Cert 58340
FDIC · 2 branches
Q4 2014
Market Position · Detroit-Warren-Dearborn, MI · 2014 SOD (annual) · 0.1% share · #33 of 51 inst. · $0.1B of $105.3B
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 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.55% | 0.87% | 0.88% | 0.78% | 0.67% | 0.57% | 0.48% | 0.43% | -35 bps | |
| Return on Equity | 4.11% | 6.60% | 6.66% | 6.01% | 5.66% | 4.87% | 4.11% | 3.76% | -225 bps | |
| Net Interest Margin | 4.10% | 4.05% | 4.11% | 3.93% | 3.92% | 3.42% | 3.48% | 3.47% | -46 bps | |
| Efficiency Ratio | 83.41% | 74.09% | 74.94% | 74.36% | 72.80% | 74.88% | 79.34% | 81.97% | +761 bps | |
| Non-Interest Burden | 3.36% | 2.80% | 2.95% | 2.83% | 2.79% | 2.51% | 2.73% | 2.82% | 0 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.11% | 11.92% | 8.05% | 14.25% | 19.47% | 23.22% | 20.29% | 14.83% | +58 bps | |
| Loan Growth (YoY) | 14.61% | 1.92% | 16.07% | 22.81% | 18.42% | 15.65% | 4.42% | 8.25% | -1,455 bps | |
| Deposit Growth (YoY) | 14.65% | 10.17% | 5.51% | 13.09% | 19.04% | 23.13% | 22.44% | 16.63% | +354 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 | 0.00% | 0.00% | 0.12% | 0.09% | -0.21% | -0.11% | 0.15% | 0.10% | +1 bps | |
| Allowance / Loans | 2.18% | 2.18% | 1.84% | 1.78% | 1.81% | 1.84% | 1.65% | 1.55% | -24 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 | 16.23% | 16.55% | 15.66% | 15.37% | 15.24% | 15.62% | 15.58% | 14.67% | -70 bps | |
| Equity / Assets | 13.35% | 13.17% | 13.06% | 11.94% | 11.67% | 11.35% | 11.52% | 11.02% | -92 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.45% | 86.50% | 97.38% | 90.02% | 87.00% | 81.24% | 83.04% | 83.56% | -646 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |