PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

L M C C Employees

La Mesa, CA · Charter 11101

Q2 2015

$3.1MAssets
$785KLoans
$2.6MShares
$406KNet 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 -0.54%, up 43 bps year over year; NIM at 2.41%.
  • Asset quality: problem loans at 0.00% of loans (-2 bps YoY).
  • Capital: net worth / assets of 13.15%, up 54 bps from a year ago.
  • Funding: loans stand at 29.78% of shares as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

-0.54%+43 bps YoY

Net Interest Margin (YTD, annualized)

2.41%+41 bps YoY

Efficiency Ratio (YTD, annualized)

127.46%-1,173 bps YoY

Net Worth / Assets

13.15%+54 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets-0.96%-0.84%-0.82%-0.19%-0.54%+43 bps
Return on Equity-7.64%-6.56%-6.36%-1.54%-4.08%+356 bps
Net Interest Margin2.00%2.08%2.14%2.29%2.41%+41 bps
Efficiency Ratio139.19%134.02%133.43%108.89%127.46%-1,173 bps
Growth
Asset Growth (YoY)4.97%1.26%-0.59%-0.77%-8.24%-1,320 bps
Loan Growth (YoY)-19.39%-11.51%1.02%8.90%-3.28%+1,611 bps
Share Growth (YoY)5.62%2.49%0.14%-1.06%-9.39%-1,502 bps
Asset Quality
Delinquent Loans / Loans0.02%0.00%0.00%0.00%0.00%-2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.48%1.61%1.66%1.69%1.80%+33 bps
Capital
Risk-Based Capital12.61%12.83%12.89%12.59%13.15%+54 bps
Net Worth / Assets12.61%12.83%12.89%12.59%13.15%+54 bps
Liquidity & Funding
Loans / Shares27.90%28.70%30.95%31.54%29.78%+188 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps