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Health Care

Grand Rapids, MI · Charter 62874

Q2 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2001, the quarter ended June 30, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Health Care

Grand Rapids, MI · Charter 62874

Q2 2001

$77.2MAssets
$65.7MLoans
$68.0MShares
$7.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.99%, down 19 bps year over year; NIM at 4.60%.
  • Asset quality: problem loans at 0.55% of loans (+2 bps YoY).
  • Capital: net worth / assets of 9.52%.
  • Funding: loans stand at 96.70% of shares as of Q2 2001.

Return on Assets (YTD, annualized)

0.99%-19 bps YoY

Net Interest Margin (YTD, annualized)

4.60%-45 bps YoY

Efficiency Ratio (YTD, annualized)

70.96%+164 bps YoY

Net Worth / Assets

9.52%

Year to date, annualized, through each quarter.

MetricQ2 1999Q4 1999Q1 2000Q2 2000Q3 2000Q4 2000Q1 2001Q2 2001YoY ΔTrend
Earnings
Return on Assets3.88%1.15%1.01%1.19%1.13%1.14%1.06%0.99%-19 bps
Return on Equityn/an/an/an/an/a11.13%10.96%10.45%n/a
Net Interest Marginn/a5.24%5.03%5.05%5.02%4.92%4.71%4.60%-45 bps
Efficiency Ration/a69.85%70.63%69.32%70.13%69.75%70.19%70.96%+164 bps
Growth
Asset Growth (YoY)45.15%68.48%57.57%44.14%37.76%12.24%15.13%18.41%-2,573 bps
Loan Growth (YoY)43.76%68.36%55.34%40.02%36.83%10.17%8.31%12.83%-2,719 bps
Share Growth (YoY)50.65%71.42%60.57%49.19%38.31%12.95%15.05%17.69%-3,150 bps
Asset Quality
Delinquent Loans / Loans0.96%0.67%0.71%0.53%0.47%0.67%0.54%0.55%+2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.03%0.99%1.07%1.12%1.12%1.23%1.30%1.28%+16 bps
Capital
Risk-Based Capitaln/an/an/an/an/a10.28%9.67%9.52%n/a
Net Worth / Assetsn/an/an/an/an/a10.28%9.67%9.52%n/a
Liquidity & Funding
Loans / Shares104.06%105.11%99.17%100.87%102.95%102.52%93.36%96.70%-417 bps
Liquid Assets / Assets4.83%2.13%6.11%4.49%0.00%3.59%11.47%9.60%+511 bps