Muskegon, MI · Charter 62051
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Muskegon, MI · Charter 62051
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.20% | 0.25% | 0.28% | -0.22% | 0.08% | 0.15% | -0.77% | 0.24% | +46 bps | |
| Return on Equity | 1.04% | 1.28% | 1.45% | -1.15% | 0.42% | 0.81% | -4.16% | 1.28% | +243 bps | |
| Net Interest Margin | 3.72% | 3.63% | 3.48% | 2.63% | 2.82% | 2.48% | 3.05% | 3.08% | +45 bps | |
| Efficiency Ratio | 84.72% | 83.08% | 81.37% | 94.52% | 84.58% | 95.22% | 94.21% | 86.10% | -842 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.86% | -6.85% | -2.42% | 1.88% | 3.51% | 1.09% | -0.35% | -0.77% | -265 bps | |
| Loan Growth (YoY) | -14.70% | -19.37% | -18.38% | -13.87% | -3.25% | 8.57% | 10.36% | -4.16% | +971 bps | |
| Share Growth (YoY) | -12.90% | -8.48% | -3.29% | 2.20% | 4.36% | 1.70% | 0.89% | -0.55% | -275 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.90% | 1.76% | 1.75% | 1.63% | 1.35% | 2.63% | 6.46% | 4.16% | +253 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 | 1.05% | 1.18% | 1.52% | 1.84% | 2.04% | 1.53% | 2.94% | 3.29% | +145 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 19.18% | 19.24% | 19.37% | 19.05% | 18.64% | 19.13% | 18.55% | 18.48% | -57 bps | |
| Net Worth / Assets | 19.18% | 19.24% | 19.37% | 19.05% | 18.64% | 19.13% | 18.55% | 18.48% | -57 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 69.67% | 66.94% | 62.63% | 63.06% | 64.59% | 71.46% | 68.51% | 60.77% | -229 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |