Grand Haven, MI · Charter 61240
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.29% | -0.02% | 0.07% | 0.17% | 0.30% | 0.67% | 0.26% | 0.47% | +30 bps | |
| Return on Equity | 3.76% | -0.28% | 0.98% | 2.26% | 3.92% | 8.91% | 3.51% | 6.05% | +379 bps | |
| Net Interest Margin | 3.64% | 3.35% | 3.31% | 3.47% | 3.52% | 3.52% | 3.52% | 3.54% | +7 bps | |
| Efficiency Ratio | 92.02% | 100.09% | 96.64% | 93.88% | 91.20% | 83.88% | 91.14% | 87.18% | -670 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.25% | 7.03% | 5.98% | 3.83% | 3.87% | 2.86% | 2.00% | 3.93% | +10 bps | |
| Loan Growth (YoY) | 4.82% | 5.28% | 5.95% | 7.65% | 11.45% | 15.97% | 15.22% | 8.31% | +65 bps | |
| Share Growth (YoY) | 10.57% | 8.10% | 6.38% | 4.17% | 4.11% | 2.25% | 1.09% | -0.09% | -425 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.24% | 0.22% | 0.18% | 0.50% | 0.52% | 0.93% | 0.30% | 0.65% | +16 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 | 0.30% | 0.26% | 0.25% | 0.28% | 0.27% | 0.25% | 0.22% | 0.23% | -5 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.69% | 7.46% | 7.29% | 7.58% | 7.71% | 7.56% | 7.53% | 7.82% | +24 bps | |
| Net Worth / Assets | 7.69% | 7.46% | 7.29% | 7.58% | 7.71% | 7.56% | 7.53% | 7.82% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 86.37% | 81.37% | 83.59% | 91.83% | 92.46% | 92.29% | 95.28% | 99.54% | +771 bps | |
| Liquid Assets / Assets | 13.69% | 15.19% | 11.67% | 5.87% | 5.06% | 5.75% | 4.11% | 4.15% | -172 bps | |