Detroit, MI · Charter 60068
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Detroit, MI · Charter 60068
Q3 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.34% | 0.19% | 0.29% | 0.27% | 0.04% | -0.92% | -0.77% | -1.20% | -148 bps | |
| Return on Equity | 1.58% | 0.88% | 1.41% | 1.29% | 0.20% | -4.31% | -3.57% | -5.31% | -660 bps | |
| Net Interest Margin | 4.47% | 4.45% | 4.31% | 4.35% | 4.19% | 3.69% | 3.94% | 4.44% | +9 bps | |
| Efficiency Ratio | 82.65% | 83.79% | 82.45% | 82.70% | 87.20% | 99.18% | 92.11% | 89.07% | +637 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.80% | -0.22% | 1.94% | 4.35% | 3.45% | -1.37% | -6.44% | -10.69% | -1,504 bps | |
| Loan Growth (YoY) | 5.03% | 5.29% | 3.49% | 3.00% | 2.01% | 2.03% | 0.20% | 0.22% | -278 bps | |
| Share Growth (YoY) | 3.01% | -1.35% | 1.40% | 5.07% | 3.44% | -1.42% | -7.31% | -12.30% | -1,737 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.32% | 1.16% | 2.11% | 2.67% | 3.46% | 4.89% | 6.29% | 5.93% | +327 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.78% | 0.79% | 0.94% | 1.04% | 0.88% | 1.03% | 0.93% | 1.05% | +1 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 21.40% | 21.16% | 20.76% | 21.21% | 20.73% | 21.23% | 21.69% | 22.67% | +145 bps | |
| Net Worth / Assets | 21.40% | 21.16% | 20.76% | 21.21% | 20.73% | 21.23% | 21.69% | 22.67% | +145 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 77.85% | 75.08% | 74.96% | 75.23% | 76.77% | 77.70% | 81.04% | 85.97% | +1,074 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |