Grand Rapids, MI · Cert 993
FDIC
Q2 2009
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.50% | 0.16% | -0.31% | -0.61% | -1.41% | -10.18% | -0.91% | -2.05% | -144 bps | |
| Return on Equity | 11.89% | 1.27% | -2.66% | -5.21% | -11.99% | -86.64% | -7.76% | -17.55% | -1,234 bps | |
| Net Interest Margin | 4.07% | 3.88% | 3.64% | 3.48% | 3.46% | 2.93% | 2.51% | 2.51% | -97 bps | |
| Efficiency Ratio | 47.82% | 62.36% | 57.31% | 56.61% | 56.13% | 79.45% | 75.04% | 71.68% | +1,507 bps | |
| Non-Interest Burden | 1.12% | 2.11% | 1.73% | 1.41% | 1.40% | 5.32% | 1.60% | 1.43% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.95% | 10.28% | 13.20% | 9.41% | 11.05% | 1.30% | 0.05% | -6.03% | -1,544 bps | |
| Loan Growth (YoY) | 5.38% | 13.42% | 10.97% | 9.94% | 7.26% | -9.24% | -9.64% | -12.10% | -2,204 bps | |
| Deposit Growth (YoY) | -1.80% | 2.77% | 0.40% | -1.58% | -1.67% | -0.61% | 6.07% | 10.87% | +1,245 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 | 0.66% | 0.97% | 1.79% | 1.83% | 2.90% | 13.38% | 3.06% | 3.70% | +187 bps | |
| Allowance / Loans | 1.20% | 1.25% | 1.62% | 2.09% | 2.71% | 3.76% | 4.08% | 4.79% | +270 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 | 11.19% | 10.13% | 10.87% | 11.51% | 11.50% | 12.69% | 13.00% | 12.07% | +56 bps | |
| Equity / Assets | 12.86% | 11.77% | 11.63% | 11.91% | 11.70% | 11.80% | 11.59% | 11.84% | -7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.24% | 104.28% | 106.25% | 111.59% | 112.62% | 95.22% | 90.52% | 88.47% | -2,312 bps | |
| Liquid Assets / Assets | 1.32% | 2.81% | 3.84% | 4.87% | 5.19% | 10.41% | 11.58% | 8.28% | +340 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |