Grand Rapids, MI · Charter 61979
Q2 2013
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 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.51% | -1.53% | -2.01% | -3.01% | -3.06% | -3.06% | -2.68% | -2.69% | +32 bps | |
| Return on Equity | -5.75% | -5.92% | -8.07% | -11.41% | -10.83% | -10.96% | -9.94% | -9.86% | +154 bps | |
| Net Interest Margin | 2.37% | 2.31% | 2.30% | 2.37% | 2.61% | 2.58% | 2.66% | 2.39% | +2 bps | |
| Efficiency Ratio | 160.98% | 163.98% | 179.42% | 220% | 212% | 215% | 192.38% | 206% | -1,341 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.63% | 3.29% | 1.79% | -10.06% | -15.62% | -16.47% | -17.12% | -12.30% | -224 bps | |
| Loan Growth (YoY) | -10.73% | -17.09% | -10.07% | -10.14% | -7.05% | -1.23% | -6.64% | -5.29% | +485 bps | |
| Share Growth (YoY) | 8.21% | 7.37% | 4.92% | -10.57% | -18.02% | -18.71% | -19.35% | -13.36% | -278 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.00% | 3.34% | +334 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 | 2.79% | 2.79% | 2.94% | 2.88% | 2.82% | 2.82% | 3.15% | 3.04% | +16 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 26.20% | 25.87% | 24.91% | 26.36% | 28.28% | 27.91% | 26.97% | 27.28% | +93 bps | |
| Net Worth / Assets | 26.20% | 25.87% | 24.91% | 26.36% | 28.28% | 27.91% | 26.97% | 27.28% | +93 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 41.45% | 38.93% | 35.81% | 40.89% | 46.99% | 47.30% | 41.46% | 44.70% | +381 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |