Detroit, MI · Charter 61974
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.
Detroit, MI · Charter 61974
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 | 0.64% | 0.30% | 1.17% | 0.85% | 0.73% | -1.19% | -4.10% | -3.14% | -399 bps | |
| Return on Equity | 2.95% | 1.39% | 5.42% | 3.95% | 3.34% | -5.79% | -21.17% | -15.11% | -1,905 bps | |
| Net Interest Margin | 6.94% | 6.87% | 6.38% | 6.05% | 5.89% | 5.72% | 5.74% | 5.76% | -29 bps | |
| Efficiency Ratio | 72.22% | 74.16% | 82.04% | 86.13% | 87.76% | 91.85% | 88.99% | 97.65% | +1,152 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.23% | -1.38% | 5.54% | -0.16% | 1.39% | -0.03% | -1.62% | -11.12% | -1,096 bps | |
| Loan Growth (YoY) | -17.06% | -8.79% | -12.81% | -19.80% | -22.73% | -25.95% | -28.88% | -27.97% | -817 bps | |
| Share Growth (YoY) | -7.32% | -2.35% | 6.26% | -0.32% | 1.34% | 1.48% | 1.09% | -10.34% | -1,002 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 4.43% | 3.79% | 4.14% | 5.59% | 14.00% | 15.46% | 6.41% | 1.13% | -446 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 | 3.41% | 2.13% | 2.37% | 2.32% | 2.68% | 5.87% | 6.10% | 1.76% | -56 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 21.71% | 21.68% | 21.54% | 21.47% | 21.77% | 20.50% | 19.39% | 20.81% | -66 bps | |
| Net Worth / Assets | 21.71% | 21.68% | 21.54% | 21.47% | 21.77% | 20.50% | 19.39% | 20.81% | -66 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 92.00% | 91.99% | 83.39% | 74.66% | 70.15% | 67.12% | 58.66% | 59.98% | -1,468 bps | |
| Liquid Assets / Assets | 27.98% | 26.75% | 33.56% | 40.31% | 44.31% | 47.15% | 53.16% | 50.81% | +1,049 bps | |