Warren, MI · Charter 61472
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Warren, MI · Charter 61472
Q2 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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.10% | 0.10% | -0.28% | 0.07% | -0.24% | -0.17% | 0.36% | -1.39% | -146 bps | |
| Return on Equity | 0.61% | 0.60% | -1.74% | 0.46% | -1.46% | -1.02% | 2.19% | -8.47% | -893 bps | |
| Net Interest Margin | 3.59% | 3.68% | 3.97% | 3.62% | 3.86% | 3.84% | 3.80% | 3.59% | -3 bps | |
| Efficiency Ratio | 96.85% | 93.93% | 89.91% | 89.76% | 98.61% | 98.44% | 85.71% | 126.94% | +3,718 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.81% | -1.53% | 1.67% | 8.51% | 0.75% | -2.25% | -0.67% | -12.70% | -2,122 bps | |
| Loan Growth (YoY) | -14.33% | -15.95% | -12.13% | -9.76% | -13.15% | -17.85% | -16.60% | -18.89% | -913 bps | |
| Share Growth (YoY) | -2.07% | -1.71% | 3.04% | 10.03% | 0.67% | -3.35% | -0.50% | -13.83% | -2,387 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.36% | 1.02% | 0.32% | 1.21% | 1.25% | 2.09% | 0.78% | 0.09% | -112 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 | 0.35% | 0.71% | 0.72% | 0.81% | 0.81% | 0.59% | 0.54% | 0.00% | -81 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 16.52% | 16.16% | 16.21% | 15.14% | 16.23% | 16.36% | 16.32% | 16.44% | +130 bps | |
| Net Worth / Assets | 16.52% | 16.16% | 16.21% | 15.14% | 16.23% | 16.36% | 16.32% | 16.44% | +130 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 48.92% | 48.28% | 45.76% | 39.09% | 42.21% | 41.03% | 38.35% | 36.79% | -229 bps | |
| Liquid Assets / Assets | 53.28% | 53.24% | 44.03% | 21.35% | 16.28% | 18.31% | 34.08% | 30.80% | +945 bps | |