Grand Rapids, MI · Charter 62162
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.36% | 0.42% | 0.23% | 0.63% | 0.36% | 0.52% | 0.50% | -0.26% | -89 bps | |
| Return on Equity | 2.25% | 2.42% | 1.32% | 3.57% | 2.01% | 2.72% | 2.54% | -1.39% | -496 bps | |
| Net Interest Margin | 4.17% | 4.51% | 4.42% | 4.17% | 4.11% | 4.30% | 4.39% | 3.82% | -35 bps | |
| Efficiency Ratio | 92.59% | 92.18% | 95.47% | 88.24% | 93.09% | 90.67% | 91.13% | 105.45% | +1,722 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.35% | -1.29% | 4.36% | -0.34% | -8.70% | -4.29% | -7.44% | -5.45% | -511 bps | |
| Loan Growth (YoY) | -12.95% | -16.62% | -33.60% | -35.89% | -35.75% | -29.17% | -25.88% | -14.82% | +2,107 bps | |
| Share Growth (YoY) | 2.12% | -1.62% | 6.67% | -0.69% | -9.95% | -6.04% | -9.58% | -6.87% | -618 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.74% | 2.01% | 1.57% | 0.94% | 0.91% | 0.67% | 0.28% | 0.18% | -76 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 | 2.15% | 2.07% | 1.87% | 2.08% | 1.51% | 1.91% | 1.48% | 2.44% | +36 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 16.21% | 17.21% | 17.67% | 17.61% | 18.14% | 18.98% | 19.56% | 18.85% | +124 bps | |
| Net Worth / Assets | 16.21% | 17.21% | 17.67% | 17.61% | 18.14% | 18.98% | 19.56% | 18.85% | +124 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 43.80% | 43.63% | 38.25% | 32.22% | 31.25% | 32.89% | 31.35% | 29.47% | -275 bps | |
| Liquid Assets / Assets | 34.05% | 25.79% | 20.91% | 45.34% | 28.75% | 28.29% | 33.03% | 34.94% | -1,040 bps | |