Sault Ste. Mari, MI · Charter 62009
Q4 2003
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.39% | 0.29% | 0.27% | -0.25% | -3.73% | 0.03% | -2.51% | -8.36% | -811 bps | |
| Return on Equity | 4.16% | 3.24% | 3.24% | -3.00% | -48.25% | 0.40% | -36.71% | -671% | -66,785 bps | |
| Net Interest Margin | 5.29% | 5.72% | 5.88% | 5.70% | 4.49% | 5.44% | 5.19% | 5.56% | -14 bps | |
| Efficiency Ratio | 85.54% | 81.30% | 78.83% | 89.12% | 112.31% | 72.08% | 101.49% | 162.56% | +7,344 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.76% | 6.90% | -0.40% | -1.01% | -2.72% | 1.27% | -0.91% | -11.57% | -1,056 bps | |
| Loan Growth (YoY) | -1.03% | -7.43% | -19.32% | -18.81% | -14.82% | -11.94% | -5.93% | -4.07% | +1,473 bps | |
| Share Growth (YoY) | 11.65% | 7.42% | 0.14% | -0.71% | -0.23% | 2.71% | 1.14% | -4.57% | -386 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 6.59% | 4.60% | 5.36% | 7.56% | 6.32% | 10.51% | 8.87% | 10.07% | +251 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 | 1.28% | 1.00% | 1.57% | 1.73% | 2.86% | 2.94% | 3.50% | 7.39% | +566 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.40% | 8.99% | 8.34% | 8.48% | 7.72% | 8.51% | 6.84% | 1.25% | -723 bps | |
| Net Worth / Assets | 9.40% | 8.99% | 8.34% | 8.48% | 7.72% | 8.51% | 6.84% | 1.25% | -723 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 87.90% | 83.87% | 78.54% | 74.12% | 75.05% | 71.90% | 73.05% | 74.50% | +39 bps | |
| Liquid Assets / Assets | 20.55% | 22.89% | 27.50% | 32.02% | 30.89% | 33.72% | 33.14% | 33.78% | +176 bps | |