Caledonia, MI · Cert 9329
FDIC
Q1 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.53% | 1.70% | 1.57% | 1.63% | 1.88% | 0.80% | -3.94% | 1.34% | -30 bps | |
| Return on Equity | 16.50% | 18.29% | 16.51% | 16.71% | 18.94% | 8.12% | -23.40% | 5.72% | -1,099 bps | |
| Net Interest Margin | 4.62% | 4.58% | 4.65% | 4.36% | 4.48% | 4.30% | -11.34% | 3.91% | -45 bps | |
| Efficiency Ratio | 52.34% | 50.91% | 47.35% | 51.18% | 48.10% | 63.89% | 82.27% | 39.69% | -1,149 bps | |
| Non-Interest Burden | 2.07% | 1.85% | 1.54% | 1.64% | 1.34% | 2.39% | -4.06% | 1.53% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.15% | 14.77% | 10.65% | 8.79% | 4.69% | 4.33% | 22.56% | 15.75% | +696 bps | |
| Loan Growth (YoY) | 19.38% | 17.38% | 10.25% | 8.34% | 2.46% | 1.90% | 2.12% | 0.90% | -744 bps | |
| Deposit Growth (YoY) | 23.53% | 22.10% | 19.59% | 8.67% | 5.57% | 3.91% | 4.43% | -1.39% | -1,006 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.69% | 0.31% | 0.15% | 0.08% | 1.30% | -0.95% | 0.26% | +11 bps | |
| Allowance / Loans | 1.45% | 1.34% | 1.42% | 1.44% | 1.52% | 1.42% | 1.52% | 1.58% | +13 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.96% | 12.38% | 12.63% | 12.75% | 12.97% | 13.15% | 12.25% | 11.29% | -146 bps | |
| Equity / Assets | 9.11% | 9.47% | 9.59% | 9.97% | 9.88% | 9.88% | 22.60% | 24.12% | +1,415 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.77% | 101.65% | 107.43% | 104.79% | 100.72% | 99.68% | 105.06% | 107.23% | +244 bps | |
| Liquid Assets / Assets | 0.01% | 0.05% | 0.01% | 0.37% | 0.01% | 0.03% | 0.03% | 0.01% | -36 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |