Ludington, MI · Charter 62286
Q2 2011
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q3 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.16% | -0.96% | -1.24% | -1.24% | -2.02% | -1.70% | -0.45% | -24.62% | -2,338 bps | |
| Return on Equity | -15.26% | -3.64% | -4.78% | -4.61% | -8.00% | -6.56% | -1.71% | -167.70% | -16,309 bps | |
| Net Interest Margin | 2.03% | 2.46% | 2.57% | 2.79% | 2.02% | 2.18% | 2.66% | -17.51% | -2,030 bps | |
| Efficiency Ratio | 120.33% | 93.95% | 90.71% | 105.75% | 162.19% | 154.34% | 116.11% | n/a | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.18% | 1.05% | 1.58% | -0.28% | 4.29% | -2.65% | -4.70% | -3.51% | -323 bps | |
| Loan Growth (YoY) | 59.21% | 59.44% | 20.88% | -0.44% | -7.92% | -28.09% | -39.19% | -41.65% | -4,121 bps | |
| Share Growth (YoY) | 28.22% | 3.93% | 4.12% | 0.48% | 7.05% | -1.40% | -4.97% | 11.27% | +1,079 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.39% | 2.09% | 3.36% | 4.31% | 4.34% | 4.70% | 1.44% | 0.00% | -431 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 | 3.99% | 3.77% | 4.59% | 5.09% | 6.11% | 5.15% | 4.10% | 2.51% | -258 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 27.26% | 26.47% | 25.93% | 26.90% | 25.21% | 25.88% | 26.23% | 14.68% | -1,222 bps | |
| Net Worth / Assets | 27.26% | 26.47% | 25.93% | 26.90% | 25.21% | 25.88% | 26.23% | 14.68% | -1,222 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 62.97% | 66.30% | 63.70% | 62.99% | 54.17% | 48.35% | 40.76% | 33.03% | -2,996 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |