Home > Michigan Heritage Bank > Performance and Condition Ratios
Michigan Heritage Bank, Performance and Condition Ratios
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5104% | 4,856 |
| Cost of funding earning assets | 3.3073% | 265 |
| Net interest margin | 2.2032% | 7,792 |
| Noninterest income to average assets | 0.1290% | 7,366 |
| Noninterest expense to average assets | 2.7314% | 4,866 |
| Loan and lease loss provision to assets | 0.4146% | 2,847 |
| Net operating income to assets | -0.5939% | 6,961 |
| Return on assets (ROA) | -0.7370% | 7,118 |
| Pretax return on assets | -1.1285% | 7,215 |
| Return on Equity (ROE) | -20.7624% | 7,769 |
| Retained earnings to average equity (ytd only) | -20.7624% | 7,666 |
| Net charge-offs to loans | 1.2511% | 1,124 |
| Credit loss provision to net charge-offs | 46.0358% | 4,738 |
| Earnings coverage of net charge-offs (x) | -0.6496% | 5,294 |
| Efficiency ratio | 127.2532% | 535 |
| Assets per employee ($millions) | 5.7831% | 1,334 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.2647% | 171 |
| Loan loss allowance to noncurrent loans | 33.4225% | 6,302 |
| Noncurrent assets plus other real estate owned to assets | 10.8133% | 186 |
| Noncurrent loans to loans | 12.7600% | 156 |
| Net loans and leases to total assets | 68.5857% | 4,002 |
| Net loans and leases to deposits | 77.1643% | 5,064 |
| Net loans and leases to core deposits | 156.3031% | 559 |
| Total domestic deposits to total assets | 88.8826% | 1,283 |
| Equity capital to assets | 3.5365% | 8,185 |
| Core capital (leverage) ratio | 1.3891% | 8,228 |
| Tier 1 risk-based capital ratio | 1.6912% | 8,229 |
| Total risk-based capital ratio | 2.9690% | 8,228 |
| Memoranda: | ||
| Average total assets | $173,681,500 | 3,594 |
| Average earning assets | $159,044,500 | 3,592 |
| Average equity | $6,165,000 | 6,701 |
| Average total loans | $125,007,500 | 3,461 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.4211% | 3,313 |
| Cost of funding earning assets | 3.6893% | 278 |
| Net interest margin | 2.7318% | 7,442 |
| Noninterest income to average assets | 0.2109% | 6,927 |
| Noninterest expense to average assets | 3.6660% | 2,016 |
| Loan and lease loss provision to assets | 5.7280% | 69 |
| Net operating income to assets | -4.3803% | 8,037 |
| Return on assets (ROA) | -4.6735% | 8,048 |
| Pretax return on assets | -7.0633% | 8,165 |
| Return on Equity (ROE) | -74.8604% | 8,239 |
| Retained earnings to average equity (ytd only) | -74.8604% | 8,233 |
| Net charge-offs to loans | 6.0271% | 55 |
| Credit loss provision to net charge-offs | 122.0915% | 4,401 |
| Earnings coverage of net charge-offs (x) | -0.1899% | 6,371 |
| Efficiency ratio | 132.1126% | 449 |
| Assets per employee ($millions) | 5.7953% | 1,268 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 4.1089% | 173 |
| Loan loss allowance to noncurrent loans | 47.5198% | 5,643 |
| Noncurrent assets plus other real estate owned to assets | 7.3341% | 338 |
| Noncurrent loans to loans | 8.6466% | 294 |
| Net loans and leases to total assets | 69.3170% | 4,189 |
| Net loans and leases to deposits | 77.7885% | 5,370 |
| Net loans and leases to core deposits | 158.6147% | 605 |
| Total domestic deposits to total assets | 89.1096% | 1,001 |
| Equity capital to assets | 3.5619% | 8,264 |
| Core capital (leverage) ratio | 1.6119% | 8,292 |
| Tier 1 risk-based capital ratio | 1.9067% | 8,292 |
| Total risk-based capital ratio | 3.1793% | 8,292 |
| Memoranda: | ||
| Average total assets | $183,031,800 | 3,373 |
| Average earning assets | $171,793,200 | 3,310 |
| Average equity | $11,426,600 | 4,991 |
| Average total loans | $142,474,000 | 3,049 |