Southgate, MI · Charter 62101
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.
Southgate, MI · Charter 62101
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 | -0.09% | -0.19% | -1.61% | -2.83% | -0.21% | -1.76% | -2.20% | -2.21% | +62 bps | |
| Return on Equity | -1.31% | -2.57% | -26.68% | -54.53% | -3.42% | -32.65% | -45.00% | -51.74% | +280 bps | |
| Net Interest Margin | 3.72% | 3.81% | 3.95% | 3.92% | 4.14% | 4.45% | 4.84% | 4.74% | +83 bps | |
| Efficiency Ratio | 86.77% | 84.47% | 89.45% | 70.16% | 57.48% | 60.27% | 64.77% | 116.44% | +4,628 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.87% | 1.28% | -0.30% | -1.57% | -7.58% | -13.14% | -15.64% | -16.26% | -1,469 bps | |
| Loan Growth (YoY) | 4.15% | 7.58% | 4.71% | -0.34% | -5.75% | -11.42% | -11.83% | -11.36% | -1,102 bps | |
| Share Growth (YoY) | 3.10% | -0.66% | 1.27% | 1.40% | -5.51% | -9.88% | -14.23% | -15.80% | -1,720 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.47% | 1.32% | 1.29% | 1.63% | 2.49% | 1.56% | 3.83% | 2.26% | +63 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 | 1.00% | 0.96% | 1.41% | 1.76% | 1.82% | 3.35% | 3.87% | 3.74% | +197 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.18% | 7.26% | 6.03% | 5.18% | 6.07% | 5.40% | 4.90% | 4.27% | -91 bps | |
| Net Worth / Assets | 7.18% | 7.26% | 6.03% | 5.18% | 6.07% | 5.40% | 4.90% | 4.27% | -91 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 84.50% | 90.95% | 88.17% | 82.60% | 84.28% | 89.39% | 90.63% | 86.96% | +436 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |