Westland, MI · Charter 61114
Q3 2003
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 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.45% | 0.95% | -0.08% | 0.36% | 0.54% | 0.92% | 0.98% | 1.03% | +67 bps | |
| Return on Equity | 9.56% | 6.06% | -0.49% | 2.17% | 3.26% | 5.39% | 5.70% | 6.02% | +385 bps | |
| Net Interest Margin | 4.56% | 4.32% | 3.85% | 4.14% | 4.01% | 4.01% | 3.83% | 3.61% | -53 bps | |
| Efficiency Ratio | 62.78% | 69.96% | 93.64% | 88.49% | 86.26% | 82.57% | 81.39% | 79.81% | -868 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.33% | 6.02% | 1.06% | -5.89% | -3.69% | -3.65% | -2.61% | 3.95% | +984 bps | |
| Loan Growth (YoY) | -18.15% | -30.42% | -31.65% | -31.97% | -24.65% | -18.72% | -14.82% | -12.39% | +1,957 bps | |
| Share Growth (YoY) | 13.45% | 6.29% | -0.04% | -3.32% | -9.54% | -2.45% | -4.20% | 0.24% | +355 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 7.45% | 6.23% | 6.80% | 8.96% | 7.39% | 6.24% | 5.80% | 7.94% | -102 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 | 3.71% | 4.59% | 4.62% | 4.77% | 4.08% | 3.98% | 2.72% | 2.88% | -189 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 15.16% | 15.71% | 15.73% | 16.69% | 16.49% | 17.08% | 17.23% | 17.10% | +41 bps | |
| Net Worth / Assets | 15.16% | 15.71% | 15.73% | 16.69% | 16.49% | 17.08% | 17.23% | 17.10% | +41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 38.27% | 35.54% | 32.47% | 32.99% | 31.87% | 29.62% | 28.87% | 28.83% | -416 bps | |
| Liquid Assets / Assets | 58.92% | 38.69% | 4.22% | 6.69% | 30.99% | 34.14% | 38.04% | 45.88% | +3,919 bps | |