Jackson, MI · Charter 62234
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
Jackson, MI · Charter 62234
Q1 2006
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 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.38% | -0.47% | -0.27% | 0.49% | 0.39% | 0.81% | 0.59% | 1.02% | +54 bps | |
| Return on Equity | -21.02% | -6.65% | -3.81% | 6.05% | 4.95% | 9.71% | 7.08% | 12.16% | +611 bps | |
| Net Interest Margin | 4.94% | 5.37% | 5.26% | 5.39% | 5.14% | 5.29% | 5.26% | 4.87% | -52 bps | |
| Efficiency Ratio | 82.14% | 71.99% | 71.13% | 71.75% | 69.80% | 65.44% | 73.94% | 81.99% | +1,024 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.50% | -5.90% | -3.61% | -17.60% | -8.76% | -8.22% | -7.15% | 4.25% | +2,185 bps | |
| Loan Growth (YoY) | 21.24% | 9.21% | -2.36% | -3.68% | -11.14% | -14.55% | -21.36% | -21.78% | -1,810 bps | |
| Share Growth (YoY) | -6.90% | -5.43% | -3.78% | -19.35% | -10.04% | -9.51% | -8.55% | 3.87% | +2,322 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.53% | 1.31% | 1.25% | 0.92% | 3.39% | 3.81% | 3.42% | 3.51% | +259 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 | 1.24% | 1.12% | 1.42% | 1.49% | 1.69% | 1.97% | 2.17% | 2.24% | +75 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 6.55% | 7.04% | 7.13% | 8.03% | 7.83% | 8.37% | 8.27% | 8.42% | +39 bps | |
| Net Worth / Assets | 6.55% | 7.04% | 7.13% | 8.03% | 7.83% | 8.37% | 8.27% | 8.42% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 82.27% | 81.82% | 81.87% | 88.79% | 81.27% | 77.26% | 70.40% | 66.86% | -2,193 bps | |
| Liquid Assets / Assets | 6.24% | 10.52% | 11.59% | 8.40% | 12.40% | 10.02% | 20.20% | 18.90% | +1,051 bps | |