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Grand Blanc

Grand Blanc, MI · Charter 61813

Q1 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2015, the quarter ended March 31, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Grand Blanc

Grand Blanc, MI · Charter 61813

Q1 2015

$214.1MAssets
$42.4MLoans
$183.1MShares
$27.7MNet Worth

Executive Summary

  • Earnings: ROA of -4.58%, down 490 bps year over year; NIM at 1.53%.
  • Asset quality: problem loans at 0.10% of loans (-28 bps YoY).
  • Capital: net worth / assets of 12.95%, down 94 bps from a year ago.
  • Funding: loans stand at 23.14% of shares as of Q1 2015.

Return on Assets (YTD, annualized)

-4.58%-490 bps YoY

Net Interest Margin (YTD, annualized)

1.53%-13 bps YoY

Efficiency Ratio (YTD, annualized)

267%+17,892 bps YoY

Net Worth / Assets

12.95%-94 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.36%0.39%0.30%0.33%0.39%0.50%0.36%-4.58%-490 bps
Return on Equity2.55%2.66%2.08%2.34%2.74%3.46%2.52%-35.33%-3,767 bps
Net Interest Margin1.58%1.65%1.67%1.67%1.67%1.70%1.68%1.53%-13 bps
Efficiency Ratio87.77%87.31%89.30%88.58%86.99%83.73%88.13%267%+17,892 bps
Growth
Asset Growth (YoY)1.92%0.96%3.56%3.49%2.31%2.24%3.05%0.53%-296 bps
Loan Growth (YoY)3.33%5.21%3.38%-2.87%-6.08%-5.65%-4.11%-1.78%+109 bps
Share Growth (YoY)1.81%1.11%4.17%3.91%2.30%2.26%3.16%0.98%-293 bps
Asset Quality
Delinquent Loans / Loans0.48%0.43%0.62%0.38%0.47%0.41%0.32%0.10%-28 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.21%1.14%1.21%1.06%1.00%0.85%0.75%0.53%-53 bps
Capital
Risk-Based Capital14.12%14.52%14.53%13.89%14.10%14.59%14.46%12.95%-94 bps
Net Worth / Assets14.12%14.52%14.53%13.89%14.10%14.59%14.46%12.95%-94 bps
Liquidity & Funding
Loans / Shares26.14%26.90%26.45%23.79%24.00%24.82%24.59%23.14%-65 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps