Stockbridge, MI · Cert 5893
FDIC · 3 branches
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 2018, 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.
Stockbridge, MI · Cert 5893
FDIC · 3 branches
Q2 2018
Market Position · Lansing-East Lansing, MI · 2018 SOD (annual) · 0.7% share · #17 of 21 inst. · $0.0B of $6.5B
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 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.18% | -0.10% | 0.09% | 0.62% | 0.55% | 0.23% | 0.25% | -2.49% | -311 bps | |
| Return on Equity | 2.14% | -1.16% | 1.13% | 8.00% | 7.07% | 2.93% | 3.35% | -35.03% | -4,303 bps | |
| Net Interest Margin | 3.69% | 3.69% | 3.50% | 3.66% | 3.60% | 3.71% | 3.54% | 3.82% | +16 bps | |
| Efficiency Ratio | 94.11% | 93.86% | 97.44% | 94.27% | 93.12% | 93.48% | 92.01% | 143.86% | +4,959 bps | |
| Non-Interest Burden | 3.41% | 3.40% | 3.38% | 3.39% | 3.28% | 3.40% | 3.18% | 5.97% | +257 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.79% | 5.12% | 2.76% | 4.76% | 2.98% | 1.80% | 4.38% | -0.85% | -560 bps | |
| Loan Growth (YoY) | 0.36% | -0.43% | -0.32% | 5.62% | 7.49% | 8.40% | 9.32% | 8.23% | +261 bps | |
| Deposit Growth (YoY) | 4.81% | 6.23% | 3.60% | 5.57% | 3.64% | 1.69% | 4.93% | 2.85% | -272 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 1.95% | 2.08% | 2.05% | 1.21% | 2.75% | 1.60% | -47 bps | |
| Net Charge-Offs / Loans | 0.37% | 0.92% | 0.08% | -0.38% | -0.24% | 0.02% | -0.17% | 0.91% | +130 bps | |
| Allowance / Loans | 0.86% | 0.89% | 0.87% | 0.76% | 0.75% | 0.82% | 0.90% | 0.59% | -17 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 0.4x | 0.4x | 0.4x | 0.7x | 0.3x | 0.4x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.29% | 8.09% | 7.87% | 8.28% | 8.14% | 8.11% | 7.62% | 6.77% | -150 bps | |
| Total Risk-Based Capital | 15.35% | 14.79% | 14.88% | 14.97% | 14.77% | 14.56% | 14.76% | 11.98% | -298 bps | |
| Equity / Assets | 8.26% | 7.57% | 7.87% | 7.98% | 7.76% | 7.64% | 7.50% | 6.17% | -181 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.82% | 65.40% | 67.71% | 66.16% | 65.15% | 69.71% | 70.54% | 69.61% | +346 bps | |
| Liquid Assets / Assets | 4.47% | 5.39% | 5.34% | 7.20% | 7.05% | 5.16% | 4.92% | 5.01% | -219 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |