Waterford, MI · Charter 61901
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 | 1.25% | 1.18% | 0.40% | 0.47% | 0.51% | 0.47% | 0.21% | 0.23% | -24 bps | |
| Return on Equity | 6.05% | 5.56% | 1.96% | 2.31% | 2.46% | 2.21% | 0.95% | 1.04% | -127 bps | |
| Net Interest Margin | 4.50% | 4.43% | 4.16% | 4.12% | 4.17% | 4.26% | 4.40% | 4.41% | +29 bps | |
| Efficiency Ratio | 74.68% | 75.85% | 81.96% | 80.45% | 79.92% | 79.53% | 80.50% | 75.24% | -521 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.81% | -4.48% | -3.33% | -0.21% | 2.71% | 2.41% | -4.37% | -5.24% | -504 bps | |
| Loan Growth (YoY) | -11.43% | -9.82% | -8.32% | -12.04% | -8.86% | -5.64% | -0.81% | -2.84% | +921 bps | |
| Share Growth (YoY) | 5.45% | -6.07% | -6.42% | -1.17% | 2.82% | 2.68% | -5.09% | -7.09% | -592 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.89% | 3.81% | 0.61% | 1.42% | 1.54% | 1.52% | 2.05% | 1.16% | -27 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 | 1.04% | 1.08% | 0.73% | 0.82% | 0.92% | 0.80% | 1.09% | 1.37% | +55 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 20.63% | 21.18% | 20.59% | 20.48% | 20.69% | 21.15% | 21.96% | 21.96% | +148 bps | |
| Net Worth / Assets | 20.63% | 21.18% | 20.59% | 20.48% | 20.69% | 21.15% | 21.96% | 21.96% | +148 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 72.41% | 71.39% | 66.76% | 64.06% | 64.19% | 65.60% | 69.77% | 66.99% | +293 bps | |
| Liquid Assets / Assets | 39.03% | 31.60% | 30.37% | 23.26% | 25.89% | 28.17% | 25.18% | 32.74% | +948 bps | |