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Mirae 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 | 5.2617% | 6,063 |
| Cost of funding earning assets | 3.4575% | 164 |
| Net interest margin | 1.8042% | 7,974 |
| Noninterest income to average assets | 0.6577% | 3,155 |
| Noninterest expense to average assets | 2.8673% | 4,271 |
| Loan and lease loss provision to assets | 5.8329% | 129 |
| Net operating income to assets | -6.3428% | 8,106 |
| Return on assets (ROA) | -6.3428% | 8,097 |
| Pretax return on assets | -6.3384% | 8,065 |
| Return on Equity (ROE) | -153.5618% | 8,181 |
| Retained earnings to average equity (ytd only) | -153.5618% | 8,179 |
| Net charge-offs to loans | -1.1949% | 8,166 |
| Credit loss provision to net charge-offs | -626.3308% | 6,450 |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 121.4018% | 610 |
| Assets per employee ($millions) | 4.9043% | 2,169 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 7.4656% | 36 |
| Loan loss allowance to noncurrent loans | 100.8461% | 3,047 |
| Noncurrent assets plus other real estate owned to assets | 6.7417% | 525 |
| Noncurrent loans to loans | 7.4030% | 511 |
| Net loans and leases to total assets | 66.6986% | 4,412 |
| Net loans and leases to deposits | 78.1962% | 4,893 |
| Net loans and leases to core deposits | 131.6525% | 1,559 |
| Total domestic deposits to total assets | 85.2965% | 3,064 |
| Equity capital to assets | 3.2412% | 8,197 |
| Core capital (leverage) ratio | 3.1205% | 8,202 |
| Tier 1 risk-based capital ratio | 4.2266% | 8,196 |
| Total risk-based capital ratio | 5.5541% | 8,194 |
| Memoranda: | ||
| Average total assets | $451,848,000 | 1,570 |
| Average earning assets | $426,782,000 | 1,524 |
| Average equity | $18,663,500 | 3,459 |
| Average total loans | $352,174,500 | 1,433 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.7615% | 1,821 |
| Cost of funding earning assets | 3.3874% | 729 |
| Net interest margin | 3.3742% | 5,770 |
| Noninterest income to average assets | 0.8343% | 2,330 |
| Noninterest expense to average assets | 3.3063% | 2,942 |
| Loan and lease loss provision to assets | 8.0330% | 22 |
| Net operating income to assets | -6.9430% | 8,193 |
| Return on assets (ROA) | -6.9007% | 8,188 |
| Pretax return on assets | -7.2727% | 8,173 |
| Return on Equity (ROE) | -74.8424% | 8,237 |
| Retained earnings to average equity (ytd only) | -74.8424% | 8,231 |
| Net charge-offs to loans | 6.2312% | 52 |
| Credit loss provision to net charge-offs | 155.2491% | 3,365 |
| Earnings coverage of net charge-offs (x) | 0.1383% | 6,164 |
| Efficiency ratio | 82.2041% | 2,280 |
| Assets per employee ($millions) | 4.3171% | 2,927 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 5.0911% | 94 |
| Loan loss allowance to noncurrent loans | 99.4542% | 3,475 |
| Noncurrent assets plus other real estate owned to assets | 4.3307% | 900 |
| Noncurrent loans to loans | 5.1190% | 841 |
| Net loans and leases to total assets | 80.2922% | 1,592 |
| Net loans and leases to deposits | 100.8150% | 1,738 |
| Net loans and leases to core deposits | 164.9220% | 497 |
| Total domestic deposits to total assets | 79.6432% | 5,150 |
| Equity capital to assets | 5.1407% | 8,171 |
| Core capital (leverage) ratio | 4.6569% | 8,232 |
| Tier 1 risk-based capital ratio | 6.0113% | 8,231 |
| Total risk-based capital ratio | 7.3104% | 8,230 |
| Memoranda: | ||
| Average total assets | $442,188,400 | 1,552 |
| Average earning assets | $417,760,000 | 1,495 |
| Average equity | $40,771,000 | 1,644 |
| Average total loans | $367,183,600 | 1,321 |