Farmington Hills, MI · Cert 58604
FDIC · 17 branches
Q1 2022
Market Position · Detroit-Warren-Dearborn, MI · 2021 SOD (annual) · 0.9% share · #10 of 43 inst. · $1.7B of $202.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.60% | 0.94% | 1.43% | 1.52% | 1.24% | 1.59% | 1.23% | 0.22% | -130 bps | |
| Return on Equity | 6.10% | 10.50% | 15.26% | 16.18% | 12.97% | 15.98% | 11.98% | 2.13% | -1,405 bps | |
| Net Interest Margin | 3.14% | 3.06% | 3.26% | 3.22% | 3.22% | 3.38% | 3.14% | 3.02% | -21 bps | |
| Efficiency Ratio | 62.64% | 56.72% | 54.49% | 54.71% | 57.62% | 57.40% | 61.66% | 94.46% | +3,975 bps | |
| Non-Interest Burden | 1.40% | 0.99% | 1.18% | 1.23% | 1.56% | 1.53% | 1.65% | 2.80% | +157 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 68.94% | 62.26% | 54.25% | 33.00% | -1.26% | 4.12% | 3.08% | -7.19% | -4,019 bps | |
| Loan Growth (YoY) | 54.70% | 59.27% | 42.33% | 26.71% | -3.01% | -8.90% | -5.74% | -11.84% | -3,855 bps | |
| Deposit Growth (YoY) | 47.41% | 64.28% | 69.61% | 43.81% | 12.26% | 5.37% | 3.05% | -8.27% | -5,208 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.50% | 1.04% | 1.08% | 0.83% | 0.78% | 0.71% | 0.69% | 0.61% | -22 bps | |
| Net Charge-Offs / Loans | 0.33% | 0.02% | 0.11% | 0.00% | -0.01% | 0.05% | -0.01% | -0.01% | 0 bps | |
| Allowance / Loans | 0.93% | 1.12% | 1.26% | 1.20% | 1.30% | 1.25% | 1.29% | 1.30% | +10 bps | |
| Allowance Coverage of NPLs | 1.9x | 1.1x | 1.2x | 1.4x | 1.7x | 1.8x | 1.9x | 2.1x | +0.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.17% | 7.83% | 7.67% | 7.99% | 8.11% | 8.64% | 8.86% | 9.31% | +132 bps | |
| Total Risk-Based Capital | 12.63% | 12.48% | 13.20% | 13.62% | 13.66% | 13.80% | 14.37% | 14.33% | +70 bps | |
| Equity / Assets | 8.74% | 9.15% | 9.53% | 9.22% | 9.86% | 10.11% | 10.46% | 10.30% | +108 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.35% | 96.28% | 88.52% | 88.30% | 86.70% | 83.25% | 80.97% | 84.87% | -344 bps | |
| Liquid Assets / Assets | 12.64% | 5.32% | 9.15% | 7.05% | 7.03% | 10.34% | 11.94% | 7.85% | +80 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |