Efficiency Ratio Over Time
Efficiency Ratio First Independence Bank All Insured Commercial Banks in Michigan
12-31-2016 91.955 71.925
09-30-2016 91.595 72.284
06-30-2016 92.476 72.703
03-31-2016 93.544 74.111
12-31-2015 84.796 73.902
09-30-2015 90.22 72.796
06-30-2015 90.087 73.108
03-31-2015 95.389 74.364
12-31-2014 94.022 75.309
09-30-2014 93.596 75.334
06-30-2014 95.853 75.605
03-31-2014 98.414 76.846
12-31-2013 94.89 74.841
09-30-2013 94.663 73.806
06-30-2013 93.877 73.811
03-31-2013 93.317 73.988
12-31-2012 85.648 71.723
09-30-2012 82.909 71.614
06-30-2012 82.378 71.839
03-31-2012 96.139 72.697
12-31-2011 99.772 73.486
09-30-2011 104.538 73.637
06-30-2011 113.695 74.221
03-31-2011 112.677 75.166
12-31-2010 89.379 74.379
09-30-2010 84.115 74.86
06-30-2010 75.532 75.739
03-31-2010 82.702 76.883
12-31-2009 101.822 82.058
09-30-2009 108.648 81.121
06-30-2009 108.129 82.109
03-31-2009 113.321 80.184
12-31-2008 87.602 80.181
09-30-2008 90.931 75.465
06-30-2008 90.305 75.619
03-31-2008 86.961 76.097
12-31-2007 71.488 72.221
09-30-2007 69.055 70.635
06-30-2007 66.873 69.92
03-31-2007 71.394 70.315
12-31-2006 84.898 66.877
09-30-2006 83.019 65.716
06-30-2006 86.308 66.171
03-31-2006 86.158 66.982
12-31-2005 82.099 64.078
09-30-2005 78.204 64.016
06-30-2005 77.33 63.808
03-31-2005 75.702 64.541
12-31-2004 78.354 64.329
09-30-2004 80.011 64.747
06-30-2004 81.579 65.538
03-31-2004 80.838 66.274
12-31-2003 81.811 63.66
09-30-2003 79.968 62.955
06-30-2003 80.532 63.034
03-31-2003 81.49 63.233
12-31-2002 71.314 62.526