Ionia, MI · Charter 62156
Q3 2008
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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.15% | 1.18% | -2.43% | -5.39% | -5.48% | -2.11% | -1.93% | -3.53% | +186 bps | |
| Return on Equity | -18.55% | 9.53% | -24.21% | -63.89% | -78.73% | -32.36% | -31.62% | -75.46% | -1,157 bps | |
| Net Interest Margin | 8.60% | 8.59% | 7.68% | 8.37% | 8.12% | 7.34% | 7.13% | 7.29% | -108 bps | |
| Efficiency Ratio | 84.88% | 88.49% | 92.93% | 93.09% | 96.53% | 116.40% | 115.04% | 116.23% | +2,314 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -9.66% | -14.31% | -5.11% | -9.42% | -6.90% | -4.21% | -10.81% | -4.59% | +484 bps | |
| Loan Growth (YoY) | -12.00% | -11.77% | -16.02% | -16.30% | -12.09% | -10.67% | -6.07% | -2.19% | +1,410 bps | |
| Share Growth (YoY) | -8.90% | -14.78% | -2.02% | -6.72% | -1.91% | 2.08% | -7.07% | -0.59% | +613 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 9.71% | 10.75% | 6.20% | 9.25% | 9.71% | 9.34% | 9.26% | 5.72% | -352 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 | 4.43% | 4.48% | 2.82% | 6.89% | 5.90% | 6.38% | 6.04% | 6.28% | -61 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.58% | 12.34% | 10.04% | 8.43% | 6.96% | 6.51% | 6.10% | 4.67% | -376 bps | |
| Net Worth / Assets | 11.58% | 12.34% | 10.04% | 8.43% | 6.96% | 6.51% | 6.10% | 4.67% | -376 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 90.84% | 90.36% | 79.03% | 82.53% | 81.42% | 79.08% | 79.88% | 81.20% | -133 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |