Efficiency Ratio Over Time
Efficiency Ratio Upper Peninsula State Bank All Insured Commercial Banks in Michigan
12-31-2016 56.068 71.925
09-30-2016 56.546 72.284
06-30-2016 57.383 72.703
03-31-2016 59.41 74.111
12-31-2015 57.313 73.902
09-30-2015 56.15 72.796
06-30-2015 55.208 73.108
03-31-2015 55.407 74.364
12-31-2014 49.973 75.309
09-30-2014 49.603 75.334
06-30-2014 57.767 75.605
03-31-2014 58.517 76.846
12-31-2013 55.38 74.841
09-30-2013 54.979 73.806
06-30-2013 54.919 73.811
03-31-2013 57.776 73.988
12-31-2012 52.202 71.723
09-30-2012 52.017 71.614
06-30-2012 51.84 71.839
03-31-2012 54.016 72.697
12-31-2011 49.457 73.486
09-30-2011 52.311 73.637
06-30-2011 52.932 74.221
03-31-2011 52.803 75.166
12-31-2010 51.995 74.379
09-30-2010 51.693 74.86
06-30-2010 53.493 75.739
03-31-2010 52.074 76.883
12-31-2009 52.128 82.058
09-30-2009 49.97 81.121
06-30-2009 48.324 82.109
03-31-2009 47.276 80.184
12-31-2008 44.848 80.181
09-30-2008 45.697 75.465
06-30-2008 46.229 75.619
03-31-2008 44.336 76.097
12-31-2007 46.572 72.221
09-30-2007 46.619 70.635
06-30-2007 47.226 69.92
03-31-2007 47.748 70.315
12-31-2006 46.202 66.877
09-30-2006 45.329 65.716
06-30-2006 46.35 66.171
03-31-2006 45.507 66.982
12-31-2005 44.118 64.078
09-30-2005 43.833 64.016
06-30-2005 43.714 63.808
03-31-2005 43.317 64.541
12-31-2004 43.047 64.329
09-30-2004 40.143 64.747
06-30-2004 39.574 65.538
03-31-2004 40.879 66.274
12-31-2003 39.451 63.66
09-30-2003 37.521 62.955
06-30-2003 37.838 63.034
03-31-2003 40.959 63.233
12-31-2002 39.673 62.526