Battle Creek, MI · Charter 62130
Q2 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.23% | -0.18% | 0.08% | -0.01% | 0.04% | 0.09% | 0.01% | -0.21% | -20 bps | |
| Return on Equity | -2.19% | -1.56% | 0.80% | -0.09% | 0.40% | 0.84% | 0.10% | -2.00% | -191 bps | |
| Net Interest Margin | 4.73% | 5.05% | 4.52% | 4.52% | 4.81% | 4.92% | 4.31% | 4.28% | -24 bps | |
| Efficiency Ratio | 104.10% | 102.88% | 98.48% | 100.17% | 99.26% | 98.46% | 99.81% | 103.88% | +371 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.69% | -6.49% | 3.26% | 2.23% | -0.92% | 3.96% | 0.52% | -0.09% | -232 bps | |
| Loan Growth (YoY) | -1.98% | -3.63% | -8.46% | -0.58% | -5.69% | -8.68% | -13.77% | -16.45% | -1,586 bps | |
| Share Growth (YoY) | 3.88% | -8.05% | 5.71% | 3.18% | 0.08% | 6.21% | 0.57% | 0.26% | -292 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.06% | 1.43% | 0.34% | 1.59% | 1.39% | 1.34% | 1.69% | 1.14% | -46 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 | 0.38% | 0.39% | 0.41% | 0.42% | 0.39% | 0.42% | 0.45% | 0.46% | +5 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.63% | 11.23% | 10.27% | 10.27% | 10.77% | 10.89% | 10.29% | 10.27% | 0 bps | |
| Net Worth / Assets | 10.63% | 11.23% | 10.27% | 10.27% | 10.77% | 10.89% | 10.29% | 10.27% | 0 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 76.61% | 80.71% | 70.20% | 70.31% | 72.20% | 69.39% | 60.20% | 58.59% | -1,172 bps | |
| Liquid Assets / Assets | 19.77% | 14.65% | 28.00% | 28.21% | 27.69% | 31.07% | 38.89% | 33.15% | +495 bps | |