Home > Muskegon Commerce Bank > Performance and Condition Ratios
Muskegon Commerce Bank, Performance and Condition Ratios
| 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 | 6.3451% | 3,714 |
| Cost of funding earning assets | 3.4179% | 679 |
| Net interest margin | 2.9272% | 7,088 |
| Noninterest income to average assets | 0.3940% | 5,521 |
| Noninterest expense to average assets | 3.2334% | 3,216 |
| Loan and lease loss provision to assets | 6.0536% | 60 |
| Net operating income to assets | -4.1921% | 8,013 |
| Return on assets (ROA) | -4.1921% | 7,998 |
| Pretax return on assets | -6.3445% | 8,124 |
| Return on Equity (ROE) | -52.0667% | 8,167 |
| Retained earnings to average equity (ytd only) | -52.0667% | 8,151 |
| Net charge-offs to loans | 2.4565% | 398 |
| Credit loss provision to net charge-offs | 281.3872% | 1,622 |
| Earnings coverage of net charge-offs (x) | -0.1352% | 6,339 |
| Efficiency ratio | 109.8869% | 707 |
| Assets per employee ($millions) | 4.5228% | 2,578 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 6.9801% | 31 |
| Loan loss allowance to noncurrent loans | 61.7506% | 4,912 |
| Noncurrent assets plus other real estate owned to assets | 11.3537% | 116 |
| Noncurrent loans to loans | 11.3037% | 157 |
| Net loans and leases to total assets | 79.5125% | 1,774 |
| Net loans and leases to deposits | 97.4632% | 2,205 |
| Net loans and leases to core deposits | 111.1604% | 3,657 |
| Total domestic deposits to total assets | 81.5820% | 4,373 |
| Equity capital to assets | 7.9852% | 6,864 |
| Core capital (leverage) ratio | 5.8853% | 8,112 |
| Tier 1 risk-based capital ratio | 7.1848% | 8,159 |
| Total risk-based capital ratio | 8.5091% | 8,171 |
| Memoranda: | ||
| Average total assets | $93,151,800 | 5,256 |
| Average earning assets | $81,102,400 | 5,399 |
| Average equity | $7,500,000 | 6,278 |
| Average total loans | $81,580,000 | 4,472 |