Detroit, MI · Charter 8538
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.
Detroit, MI · Charter 8538
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 | 4.82% | 3.73% | 1.15% | -13.33% | -6.21% | 4.07% | -7.93% | -3.36% | +997 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | -26.96% | 13.41% | -30.00% | -14.44% | n/a | |
| Net Interest Margin | n/a | n/a | 5.32% | 5.44% | 6.62% | 11.18% | 8.18% | 4.18% | -126 bps | |
| Efficiency Ratio | n/a | n/a | 78.47% | 90.44% | 78.27% | 60.62% | 140.11% | 180.36% | +8,992 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.97% | 17.73% | 20.93% | 2.59% | -13.00% | -39.05% | -47.77% | -37.20% | -3,979 bps | |
| Loan Growth (YoY) | -7.14% | -20.15% | -12.24% | -23.54% | -23.55% | -30.47% | -48.47% | -67.70% | -4,417 bps | |
| Share Growth (YoY) | 3.06% | 16.43% | 22.51% | 8.88% | -11.54% | -45.59% | -50.97% | -39.35% | -4,823 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 6.54% | 11.71% | 11.79% | 0.00% | 4.02% | 8.22% | 9.94% | 36.13% | +3,613 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 | 2.27% | 2.63% | 2.65% | 2.76% | 2.97% | 3.78% | 11.73% | 19.49% | +1,673 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | n/a | n/a | 23.04% | 30.33% | 26.43% | 23.26% | n/a | |
| Net Worth / Assets | n/a | n/a | n/a | n/a | 23.04% | 30.33% | 26.43% | 23.26% | n/a | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 89.83% | 68.02% | 69.20% | 72.08% | 77.63% | 86.92% | 72.73% | 38.38% | -3,370 bps | |
| Liquid Assets / Assets | 21.75% | 19.32% | 20.06% | 0.85% | 41.22% | 40.26% | 52.18% | 73.84% | +7,299 bps | |