Vassar, MI · Charter 8686
Q2 2005
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 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.08% | 0.02% | -0.66% | -0.30% | -0.19% | -1.66% | 0.20% | -1.43% | -113 bps | |
| Return on Equity | 0.39% | 0.12% | -3.33% | -1.51% | -0.94% | -8.57% | 1.05% | -9.12% | -761 bps | |
| Net Interest Margin | 2.75% | 2.72% | 1.99% | 2.39% | 2.47% | 2.69% | 2.76% | 3.15% | +76 bps | |
| Efficiency Ratio | 96.46% | 98.58% | 133.19% | 112.39% | 107.75% | 100.29% | 92.67% | 145.14% | +3,276 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.63% | -1.83% | -3.62% | -1.47% | -4.28% | -5.00% | -4.50% | -6.64% | -518 bps | |
| Loan Growth (YoY) | -27.78% | -28.13% | -24.55% | -25.83% | -9.51% | -8.98% | -2.64% | -2.63% | +2,321 bps | |
| Share Growth (YoY) | -0.70% | -2.07% | -4.24% | -1.33% | -4.98% | -4.05% | -3.79% | -1.42% | -9 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 11.22% | 9.01% | 7.62% | 7.70% | 9.29% | 9.40% | 7.92% | 1.75% | -595 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 | 2.17% | 2.33% | 2.54% | 2.72% | 2.53% | 7.55% | 1.31% | 2.50% | -22 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 19.87% | 19.96% | 19.89% | 19.71% | 20.59% | 19.36% | 19.40% | 15.64% | -407 bps | |
| Net Worth / Assets | 19.87% | 19.96% | 19.89% | 19.71% | 20.59% | 19.36% | 19.40% | 15.64% | -407 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 43.09% | 40.78% | 37.77% | 35.45% | 41.04% | 38.68% | 38.22% | 35.02% | -43 bps | |
| Liquid Assets / Assets | 64.28% | 66.20% | 68.37% | 69.94% | 65.66% | 56.89% | 55.12% | 64.16% | -578 bps | |