Novi, MI · Charter 63401
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Novi, MI · Charter 63401
Q4 2013
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 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.98% | -3.92% | -4.60% | -4.08% | -4.78% | -4.27% | -4.38% | -9.41% | -532 bps | |
| Return on Equity | -23.34% | -24.03% | -25.03% | -25.90% | -30.06% | -29.12% | -31.15% | -115.23% | -8,933 bps | |
| Net Interest Margin | 3.23% | 3.30% | 3.89% | 3.58% | 3.69% | 3.78% | 3.85% | 3.94% | +36 bps | |
| Efficiency Ratio | 171.04% | 170.86% | 170.70% | 167.69% | 176.40% | 167.59% | 167.12% | 239% | +7,087 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.56% | 9.66% | -11.01% | -7.00% | -16.18% | -13.73% | -0.07% | -10.27% | -327 bps | |
| Loan Growth (YoY) | -21.46% | -12.58% | -6.93% | -1.61% | -10.06% | -13.42% | -9.38% | -2.92% | -131 bps | |
| Share Growth (YoY) | 14.20% | 11.37% | -13.84% | -4.11% | -15.16% | -11.86% | 5.88% | -5.48% | -137 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 13.87% | 13.61% | 14.32% | 15.20% | 15.15% | 13.12% | 12.54% | 12.59% | -260 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 | 21.11% | 19.10% | 18.71% | 19.67% | 20.20% | 18.88% | 17.56% | 18.26% | -141 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 17.04% | 16.30% | 18.39% | 15.77% | 15.89% | 14.68% | 14.07% | 8.17% | -761 bps | |
| Net Worth / Assets | 17.04% | 16.30% | 18.39% | 15.77% | 15.89% | 14.68% | 14.07% | 8.17% | -761 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 34.60% | 34.13% | 42.74% | 35.90% | 36.67% | 33.53% | 36.58% | 36.88% | +97 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |