Efficiency Ratio Over Time
Efficiency Ratio Independent Bank East Michigan All Insured Commercial Banks in Michigan
06-30-2007 74.097 69.92
03-31-2007 70.625 70.315
12-31-2006 60.759 66.877
09-30-2006 60.886 65.716
06-30-2006 61.773 66.171
03-31-2006 65.909 66.982
12-31-2005 61.515 64.078
09-30-2005 61.899 64.016
06-30-2005 61.576 63.808
03-31-2005 62.451 64.541
12-31-2004 64.209 64.329
09-30-2004 66.715 64.747
06-30-2004 67.645 65.538
03-31-2004 66.778 66.274
12-31-2003 61.345 63.66
09-30-2003 60.556 62.955
06-30-2003 61.324 63.034
03-31-2003 63.639 63.233
12-31-2002 59.581 62.526