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TCF National Bank Arizona

Mesa, AZ · Cert 58373

FDIC

Q3 2009

$166.9MAssets
$88.9MLoans
$136.6MDeposits
$28.8MEquity
Deposit mix
96%Interest-bearing $131.5M4%Noninterest $5.1MQ3 2008Q3 2009

NIM

5.65%Q3 ’074.33%Q3 ’083.94%Q3 ’09-36%-20%

Non-interest income vs. expense

9.99%Q3 ’0714.15%Q3 ’086.19%Q3 ’09+26%-63%

Executive Summary

  • Earnings: ROA of -1.39%, up 318 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.72%.
  • Funding: loans stand at 65.10% of deposits as of Q3 2009.

Financial Results

Return on Assets (quarter, annualized)

-1.39%+318 bps YoY

Net Interest Margin (quarter, annualized)

2.66%-66 bps YoY

Efficiency Ratio (quarter, annualized)

136.96%-11,323 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-4.57%-2.89%-2.49%-1.83%-1.39%+318 bps
Return on Equity-10.30%-8.15%-9.89%-9.46%-7.73%+257 bps
Net Interest Margin3.32%4.62%3.13%2.44%2.66%-66 bps
Efficiency Ratio250%158.93%184.43%150.50%136.96%-11,323 bps
Non-Interest Burden11.81%8.57%7.24%4.56%4.33%-748 bps
Growth
Asset Growth (YoY)104.97%101.99%155.64%165.23%98.40%-656 bps
Loan Growth (YoY)113.19%111.71%72.62%207%18.59%-9,460 bps
Deposit Growth (YoY)255%293%390%403%521%+26,571 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.12%0.16%0.65%0.60%0.72%+60 bps
Allowance / Loans0.39%0.50%0.47%0.62%0.70%+31 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital58.18%52.49%32.14%42.03%38.70%-1,949 bps
Equity / Assets37.03%34.11%19.80%18.90%17.24%-1,979 bps
Liquidity & Funding
Loans / Deposits341%216%68.54%70.27%65.10%-27,582 bps
Liquid Assets / Assets0.00%0.00%20.73%6.18%10.19%+1,019 bps
CRE / Total Capitaln/an/an/an/an/an/an/a