Reed City, MI · Charter 61972
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 | 0.52% | 0.57% | 0.57% | 0.41% | -0.12% | -0.31% | -0.71% | -1.14% | -155 bps | |
| Return on Equity | 3.61% | 3.83% | 3.77% | 2.61% | -0.77% | -2.01% | -4.43% | -7.16% | -977 bps | |
| Net Interest Margin | 2.90% | 3.02% | 2.59% | 2.54% | 2.46% | 2.59% | 2.71% | 2.68% | +14 bps | |
| Efficiency Ratio | 73.99% | 74.82% | 78.74% | 84.06% | 89.42% | 92.59% | 116.82% | 134.82% | +5,076 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.75% | 17.98% | 7.14% | -2.84% | -5.81% | -6.47% | -8.42% | -7.57% | -473 bps | |
| Loan Growth (YoY) | 10.96% | -1.53% | -3.16% | -5.02% | -11.58% | -16.60% | -19.91% | -13.82% | -881 bps | |
| Share Growth (YoY) | 32.98% | 20.62% | 7.64% | -3.80% | -6.89% | -7.18% | -9.23% | -7.75% | -395 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.00% | 1.96% | 3.19% | 6.24% | 8.45% | 7.98% | 9.76% | 11.63% | +539 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 | 1.19% | 1.45% | 1.44% | 1.53% | 2.88% | 3.14% | 3.61% | 0.00% | -153 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 14.51% | 14.89% | 15.18% | 15.75% | 15.49% | 15.60% | 15.92% | 15.94% | +20 bps | |
| Net Worth / Assets | 14.51% | 14.89% | 15.18% | 15.75% | 15.49% | 15.60% | 15.92% | 15.94% | +20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 28.05% | 27.80% | 28.25% | 27.82% | 26.64% | 24.98% | 24.93% | 25.99% | -183 bps | |
| Liquid Assets / Assets | 55.67% | 74.88% | 60.40% | 75.06% | 58.72% | 59.50% | 59.23% | 73.70% | -136 bps | |