PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Fairfield County Ohio Federal Emp

Lancaster, OH · Charter 11642

Q3 2009

$1.5MAssets
$1.0MLoans
$2.2MShares
$-731KNet 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 -91.96%, down 9,178 bps year over year; NIM at 1.58%.
  • Asset quality: problem loans at 28.19% of loans (+2,731 bps YoY).
  • Capital: net worth / assets of -49.79%, down 7,122 bps from a year ago.
  • Funding: loans stand at 45.63% of shares as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-91.96%-9,178 bps YoY

Net Interest Margin (YTD, annualized)

1.58%-107 bps YoY

Efficiency Ratio (YTD, annualized)

5931%+582,486 bps YoY

Net Worth / Assets

-49.79%-7,122 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-0.18%-0.13%65.57%1.09%-91.96%-9,178 bps
Return on Equity-0.82%-0.61%74.07%5.14%n/an/a
Net Interest Margin2.64%1.94%26.23%3.69%1.58%-107 bps
Efficiency Ratio106.63%106.62%0.00%70.41%5931%+582,486 bps
Growth
Asset Growth (YoY)-5.38%3.16%-100.00%0.00%12.11%+1,750 bps
Loan Growth (YoY)-19.67%-13.35%-100.00%0.00%-6.96%+1,272 bps
Share Growth (YoY)-1.45%8.25%-100.00%0.00%116.54%+11,799 bps
Asset Quality
Delinquent Loans / Loans0.88%0.88%0.00%0.00%28.19%+2,731 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.74%0.12%10.00%2.73%2.94%+20 bps
Capital
Risk-Based Capital21.42%20.97%88.52%21.27%-49.79%-7,122 bps
Net Worth / Assets21.42%20.97%88.52%21.27%-49.79%-7,122 bps
Liquidity & Funding
Loans / Shares106.19%106.19%200%112.39%45.63%-6,056 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps