Efficiency Ratio Over Time
Efficiency Ratio Independent Bank-West Michigan All Insured Commercial Banks in Michigan
06-30-2007 58.575 69.92
03-31-2007 59.107 70.315
12-31-2006 54.282 66.877
09-30-2006 54.644 65.716
06-30-2006 56.326 66.171
03-31-2006 56.305 66.982
12-31-2005 53.604 64.078
09-30-2005 54.195 64.016
06-30-2005 55.576 63.808
03-31-2005 56.025 64.541
12-31-2004 52.492 64.329
09-30-2004 52.78 64.747
06-30-2004 52.088 65.538
03-31-2004 56.417 66.274
12-31-2003 50.862 63.66
09-30-2003 50.015 62.955
06-30-2003 53.014 63.034
03-31-2003 53.474 63.233
12-31-2002 55.306 62.526