PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Azusa City Employees

Azusa, CA · Charter 10276

Q3 2013

$2.6MAssets
$1.1MLoans
$2.4MShares
$186KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -1.03%, down 64 bps year over year; NIM at 2.38%.
  • Asset quality: problem loans at 0.07% of loans (+7 bps YoY).
  • Capital: net worth / assets of 7.21%, down 139 bps from a year ago.
  • Funding: loans stand at 43.94% of shares as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

-1.03%-64 bps YoY

Net Interest Margin (YTD, annualized)

2.38%-26 bps YoY

Efficiency Ratio (YTD, annualized)

138.72%+2,413 bps YoY

Net Worth / Assets

7.21%-139 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets-0.39%-0.80%-0.78%-0.83%-1.03%-64 bps
Return on Equity-4.53%-9.55%-11.70%-10.84%-14.35%-981 bps
Net Interest Margin2.64%2.74%2.75%2.46%2.38%-26 bps
Efficiency Ratio114.59%128.51%127.08%127.72%138.72%+2,413 bps
Growth
Asset Growth (YoY)-8.93%-1.86%-15.54%-2.02%2.09%+1,102 bps
Loan Growth (YoY)-18.50%-17.35%-13.60%-8.30%-2.85%+1,565 bps
Share Growth (YoY)-9.66%-1.30%-14.08%-1.30%3.63%+1,328 bps
Asset Quality
Delinquent Loans / Loans0.00%2.11%0.00%1.06%0.07%+7 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.71%0.76%0.42%0.41%0.40%-31 bps
Capital
Risk-Based Capital8.61%8.38%6.69%7.64%7.21%-139 bps
Net Worth / Assets8.61%8.38%6.69%7.64%7.21%-139 bps
Liquidity & Funding
Loans / Shares46.87%46.02%48.06%43.54%43.94%-293 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps