Kentwood, MI · Charter 62328
Q2 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2002, the quarter ended June 30, 2002, 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.
Kentwood, MI · Charter 62328
Q2 2002
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 1998 | Q2 1999 | Q4 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.35% | 3.27% | 0.75% | 1.08% | 0.90% | -0.09% | 0.52% | 0.40% | -68 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | 4.78% | -0.47% | 2.68% | 1.99% | n/a | |
| Net Interest Margin | n/a | n/a | 4.92% | 4.88% | 5.36% | 4.25% | 4.26% | 3.92% | -96 bps | |
| Efficiency Ratio | n/a | n/a | 84.68% | 82.02% | 86.07% | 101.72% | 89.91% | 91.91% | +989 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.20% | 6.53% | 6.65% | -2.79% | -9.95% | -14.99% | -12.08% | -13.19% | -1,040 bps | |
| Loan Growth (YoY) | -18.54% | -16.12% | -32.19% | -33.84% | -34.17% | -41.60% | -30.75% | -32.47% | +138 bps | |
| Share Growth (YoY) | 23.30% | 8.52% | 5.55% | -8.91% | -27.35% | -21.70% | -17.29% | -17.41% | -850 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.13% | 0.85% | 0.95% | 1.72% | 1.87% | 1.75% | 3.08% | 2.13% | +41 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 | 1.03% | 1.30% | 1.62% | 1.44% | 1.59% | 1.66% | 0.54% | 0.62% | -82 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | n/a | n/a | 18.91% | 18.45% | 19.52% | 20.06% | n/a | |
| Net Worth / Assets | n/a | n/a | n/a | n/a | 18.91% | 18.45% | 19.52% | 20.06% | n/a | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 60.54% | 59.45% | 55.84% | 51.66% | 54.86% | 44.34% | 46.75% | 42.24% | -942 bps | |
| Liquid Assets / Assets | 36.13% | 34.56% | 0.00% | 16.58% | 39.70% | 48.30% | 46.87% | 44.88% | +2,830 bps | |