Waco, TX · Charter 11135
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Waco, TX · Charter 11135
Q2 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.64% | 0.71% | 0.94% | 0.93% | 0.00% | -64 bps | |
| Return on Equity | 3.85% | 4.22% | 5.33% | 5.27% | 0.00% | -385 bps | |
| Net Interest Margin | 3.77% | 3.70% | 3.94% | 3.80% | 5.11% | +135 bps | |
| Efficiency Ratio | 75.83% | 73.87% | 69.72% | 69.81% | 58.15% | -1,768 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 8.36% | -3.73% | 0.11% | 1.27% | -10.21% | -1,856 bps | |
| Loan Growth (YoY) | -25.68% | -20.14% | -11.95% | -3.93% | -23.02% | +266 bps | |
| Share Growth (YoY) | 9.46% | -5.07% | -0.56% | 0.51% | -12.23% | -2,168 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 10.68% | 11.16% | 16.48% | 20.30% | 7.35% | -333 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 11.32% | 12.00% | 11.78% | 12.97% | 5.98% | -535 bps | |
| Capital | |||||||
| Risk-Based Capital | 16.54% | 16.83% | 17.65% | 17.64% | 19.08% | +254 bps | |
| Net Worth / Assets | 16.54% | 16.83% | 17.65% | 17.64% | 19.08% | +254 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 54.70% | 52.33% | 56.37% | 50.89% | 47.98% | -673 bps | |
| Liquid Assets / Assets | 58.66% | 60.81% | 57.74% | 61.84% | 60.67% | +201 bps | |