Kalamazoo, MI · Charter 68312
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Kalamazoo, MI · Charter 68312
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -2.64% | -2.61% | -2.42% | -2.28% | -3.06% | -2.35% | -2.19% | -0.95% | +133 bps | |
| Return on Equity | -35.90% | -36.96% | -35.85% | -38.67% | -50.27% | -39.56% | -41.45% | -24.98% | +1,369 bps | |
| Net Interest Margin | 3.93% | 3.99% | 3.92% | 3.06% | 2.97% | 3.08% | 3.08% | 3.00% | -7 bps | |
| Efficiency Ratio | 96.17% | 95.41% | 103.49% | 90.16% | 73.73% | 76.27% | 84.14% | 107.62% | +1,746 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.22% | -4.76% | -4.29% | -2.97% | -0.18% | 2.44% | 7.33% | 9.24% | +1,221 bps | |
| Loan Growth (YoY) | -12.56% | -11.22% | -13.01% | -12.95% | -12.95% | -13.88% | -12.28% | -14.59% | -164 bps | |
| Share Growth (YoY) | -5.38% | -2.22% | -2.05% | -1.17% | 1.13% | 3.42% | 9.06% | 11.80% | +1,298 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 7.11% | 6.10% | 6.71% | 5.82% | 6.30% | 5.56% | 7.56% | 4.82% | -99 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 | 3.59% | 4.43% | 3.81% | 3.10% | 2.66% | 2.82% | 2.67% | 3.33% | +23 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.36% | 7.05% | 6.74% | 5.89% | 6.09% | 5.94% | 5.28% | 3.79% | -209 bps | |
| Net Worth / Assets | 7.36% | 7.05% | 6.74% | 5.89% | 6.09% | 5.94% | 5.28% | 3.79% | -209 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 78.27% | 79.31% | 77.53% | 71.51% | 67.37% | 66.04% | 62.35% | 54.63% | -1,688 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |