Grand Rapids, MI · Cert 993
FDIC
Q2 2009
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.44% | 1.10% | -0.31% | -0.46% | -0.78% | -3.13% | -0.91% | -1.48% | -102 bps | |
| Return on Equity | 11.21% | 8.71% | -2.66% | -3.93% | -6.65% | -26.64% | -7.76% | -12.61% | -868 bps | |
| Net Interest Margin | 4.02% | 3.83% | 3.64% | 3.55% | 3.55% | 3.30% | 2.51% | 2.53% | -102 bps | |
| Efficiency Ratio | 50.59% | 53.32% | 57.31% | 56.95% | 56.67% | 61.91% | 75.04% | 73.33% | +1,638 bps | |
| Non-Interest Burden | 1.29% | 1.45% | 1.73% | 1.56% | 1.53% | 2.43% | 1.60% | 1.53% | -4 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 | 0.55% | 0.62% | 1.79% | 1.81% | 2.18% | 5.12% | 3.06% | 3.41% | +161 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 |