Grand Rapids, MI · Charter 61796
Q1 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.84% | 0.83% | 0.85% | 1.65% | 1.94% | 1.93% | 1.70% | 1.25% | -40 bps | |
| Return on Equity | 8.50% | 8.24% | 8.61% | 16.86% | 20.37% | 21.07% | 18.31% | 13.23% | -363 bps | |
| Net Interest Margin | 4.79% | 4.91% | 4.89% | 5.56% | 4.64% | 4.35% | 4.43% | 4.77% | -79 bps | |
| Efficiency Ratio | 73.56% | 71.71% | 71.61% | 62.16% | 59.91% | 59.09% | 62.68% | 72.86% | +1,070 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.74% | 8.89% | 5.49% | 6.77% | 20.80% | 35.02% | 30.66% | 25.37% | +1,860 bps | |
| Loan Growth (YoY) | 2.82% | 3.56% | 15.42% | 23.93% | 34.45% | 49.79% | 41.17% | 33.09% | +916 bps | |
| Share Growth (YoY) | 8.64% | 8.34% | -0.19% | 4.35% | 16.77% | 22.30% | 20.82% | 15.87% | +1,151 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.89% | 8.56% | 0.90% | 0.80% | 0.65% | 0.93% | 1.29% | 1.28% | +49 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 | 0.89% | 0.94% | 0.91% | 0.96% | 0.84% | 0.75% | 0.77% | 0.74% | -22 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.85% | 10.12% | 9.92% | 9.78% | 9.53% | 9.14% | 9.29% | 9.46% | -32 bps | |
| Net Worth / Assets | 9.85% | 10.12% | 9.92% | 9.78% | 9.53% | 9.14% | 9.29% | 9.46% | -32 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 86.71% | 89.63% | 97.05% | 96.93% | 99.84% | 109.78% | 113.40% | 111.33% | +1,441 bps | |
| Liquid Assets / Assets | 17.16% | 13.10% | 9.27% | 8.46% | 6.86% | 4.23% | 2.70% | 1.17% | -729 bps | |