Grand Haven, MI · Charter 63475
Q4 2002
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q4 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.14% | 0.19% | 0.21% | -0.19% | -0.57% | -1.10% | -0.73% | -2.06% | -187 bps | |
| Return on Equity | n/a | n/a | 1.77% | -2.03% | -6.06% | -14.32% | -8.57% | -25.21% | -2,318 bps | |
| Net Interest Margin | 4.60% | 4.56% | 5.00% | 4.28% | 4.21% | 2.51% | 2.91% | 3.36% | -92 bps | |
| Efficiency Ratio | 87.03% | 90.05% | 89.14% | 90.15% | 94.60% | 108.83% | 103.57% | 123.76% | +3,361 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.98% | 4.01% | -4.03% | 7.79% | 11.17% | 22.08% | 17.52% | -12.74% | -2,053 bps | |
| Loan Growth (YoY) | -8.85% | -8.94% | 8.85% | 14.24% | 5.18% | -15.03% | -24.79% | -29.45% | -4,369 bps | |
| Share Growth (YoY) | 13.50% | 7.08% | -5.93% | 8.51% | 12.60% | 22.59% | 21.32% | -11.05% | -1,956 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.79% | 2.12% | 2.11% | 1.16% | 0.67% | 1.83% | 2.81% | 5.43% | +427 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 | 1.11% | 1.04% | 1.15% | 0.76% | 1.12% | 2.19% | 2.00% | 2.99% | +223 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | 11.64% | 9.39% | 9.32% | 7.71% | 8.47% | 8.18% | -121 bps | |
| Net Worth / Assets | n/a | n/a | 11.64% | 9.39% | 9.32% | 7.71% | 8.47% | 8.18% | -121 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 65.52% | 65.61% | 79.40% | 65.38% | 61.20% | 45.47% | 49.22% | 51.85% | -1,352 bps | |
| Liquid Assets / Assets | 11.06% | 14.12% | 12.10% | 34.09% | 38.89% | 49.80% | 48.03% | 45.80% | +1,171 bps | |