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St. Mels

Dearborn Hgts, MI · Charter 12039

Q2 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

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.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

St. Mels

Dearborn Hgts, MI · Charter 12039

Q2 2004

$1.7MAssets
$592KLoans
$1.4MShares
$341KNet 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 -1.19%, down 60 bps year over year; NIM at 4.72%.
  • Asset quality: problem loans at 1.45% of loans (-81 bps YoY).
  • Capital: net worth / assets of 19.69%, up 102 bps from a year ago.
  • Funding: loans stand at 42.55% of shares as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

-1.19%-60 bps YoY

Net Interest Margin (YTD, annualized)

4.72%+29 bps YoY

Efficiency Ratio (YTD, annualized)

123.77%+2,862 bps YoY

Net Worth / Assets

19.69%+102 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets-0.60%-0.46%-0.82%-0.46%-1.19%-60 bps
Return on Equity-3.20%-2.26%-4.12%-2.61%-6.06%-286 bps
Net Interest Margin4.43%4.73%4.75%4.10%4.72%+29 bps
Efficiency Ratio95.15%97.21%97.32%110.68%123.77%+2,862 bps
Growth
Asset Growth (YoY)-3.63%-10.32%-6.65%5.96%-10.17%-655 bps
Loan Growth (YoY)-16.51%-7.58%-5.51%-4.07%-5.78%+1,073 bps
Share Growth (YoY)-4.46%-12.48%-7.27%7.39%-10.81%-635 bps
Asset Quality
Delinquent Loans / Loans2.27%2.52%0.67%0.69%1.45%-81 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.14%0.12%0.13%0.14%0.14%+1 bps
Capital
Risk-Based Capital18.68%20.27%19.95%17.67%19.69%+102 bps
Net Worth / Assets18.68%20.27%19.95%17.67%19.69%+102 bps
Liquidity & Funding
Loans / Shares40.27%49.41%46.18%36.86%42.55%+227 bps
Liquid Assets / Assets37.32%36.22%33.20%25.84%18.26%-1,906 bps