Blissfield, MI · Charter 62195
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Blissfield, MI · Charter 62195
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.08% | 1.09% | 1.11% | 1.13% | 1.41% | 1.38% | 0.15% | -0.69% | -181 bps | |
| Return on Equity | 0.32% | 5.08% | 4.85% | 4.54% | 5.26% | 5.15% | 0.44% | -2.92% | -746 bps | |
| Net Interest Margin | 4.45% | 3.88% | 4.12% | 4.49% | 4.81% | 5.00% | 4.39% | 3.64% | -85 bps | |
| Efficiency Ratio | 98.11% | 71.82% | 72.98% | 74.87% | 70.65% | 72.49% | 96.63% | 116.10% | +4,123 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.80% | 23.64% | 15.35% | 10.73% | 3.63% | -19.56% | -30.28% | -30.05% | -4,078 bps | |
| Loan Growth (YoY) | -15.04% | 13.06% | 35.42% | 52.19% | 30.90% | 0.44% | -18.32% | -34.41% | -8,661 bps | |
| Share Growth (YoY) | 6.43% | 31.02% | 20.87% | 14.72% | 1.54% | -27.91% | -40.62% | -28.23% | -4,295 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.30% | 0.19% | 3.41% | 2.39% | 6.43% | 4.63% | 0.41% | 8.27% | +588 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% | 1.91% | 1.80% | 1.56% | 1.65% | 0.00% | 4.39% | 2.39% | +83 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 26.42% | 21.49% | 22.99% | 24.84% | 26.83% | 26.72% | 33.92% | 23.49% | -135 bps | |
| Net Worth / Assets | 26.42% | 21.49% | 22.99% | 24.84% | 26.83% | 26.72% | 33.92% | 23.49% | -135 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 88.98% | 75.99% | 87.01% | 110.69% | 114.72% | 105.89% | 119.69% | 101.15% | -954 bps | |
| Liquid Assets / Assets | 34.38% | 40.34% | 33.23% | 17.48% | 17.17% | 24.11% | 23.41% | 22.69% | +521 bps | |