Detroit, MI · Charter 62279
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Detroit, MI · Charter 62279
Q1 2009
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 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.36% | 2.93% | 1.88% | 0.15% | -3.55% | -3.56% | -5.12% | 0.00% | -15 bps | |
| Return on Equity | 8.85% | 7.44% | 4.42% | 0.33% | -7.09% | -6.81% | -9.85% | n/a | n/a | |
| Net Interest Margin | 5.76% | 5.78% | 6.23% | 4.19% | 3.28% | 2.59% | 2.03% | 0.00% | -419 bps | |
| Efficiency Ratio | 41.98% | 49.58% | 52.28% | 96.44% | 148.33% | 236% | 297% | n/a | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | -5.19% | -6.92% | -13.74% | -17.91% | -26.35% | -29.07% | -25.57% | -99.94% | -8,203 bps | |
| Loan Growth (YoY) | 1.07% | -14.49% | -62.15% | -76.22% | -91.33% | -100.00% | -100.00% | -100.00% | -2,378 bps | |
| Share Growth (YoY) | -9.79% | -14.35% | -23.71% | -30.14% | -41.45% | -44.15% | -37.57% | -99.88% | -6,974 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 22.28% | 10.27% | 0.00% | 45.84% | 0.00% | n/a | n/a | n/a | n/a | |
| 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 | 6.44% | 2.18% | 15.50% | 9.06% | 0.00% | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Risk-Based Capital | 37.97% | 39.39% | 42.44% | 46.21% | 50.05% | 52.20% | 51.94% | 0.00% | -4,621 bps | |
| Net Worth / Assets | 37.97% | 39.39% | 42.44% | 46.21% | 50.05% | 52.20% | 51.94% | 0.00% | -4,621 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 29.34% | 27.93% | 17.08% | 11.13% | 4.34% | 0.00% | 0.00% | 0.00% | -1,113 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |