PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Newport Beach City Employees

Newport Beach, CA · Charter 13144

Q1 2015

$12.2MAssets
$6.2MLoans
$11.9MShares
$-1063KNet 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 -0.59%, down 111 bps year over year; NIM at 2.50%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of -8.69%, down 1,361 bps from a year ago.
  • Funding: loans stand at 52.58% of shares as of Q1 2015.

Financial Results

Return on Assets (quarter, annualized)

-0.59%-111 bps YoY

Net Interest Margin (quarter, annualized)

2.50%+23 bps YoY

Efficiency Ratio (quarter, annualized)

116.62%+2,864 bps YoY

Net Worth / Assets

-8.69%-1,361 bps YoY

Discrete quarter, annualized.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.51%0.53%-1.30%-2.11%-0.59%-111 bps
Return on Equity10.46%10.42%-31.96%-67.61%n/an/a
Net Interest Margin2.27%2.31%2.40%2.49%2.50%+23 bps
Efficiency Ratio87.98%94.00%142.01%157.91%116.62%+2,864 bps
Growth
Asset Growth (YoY)10.48%7.42%-1.11%-3.93%-8.57%-1,905 bps
Loan Growth (YoY)1.90%6.30%-0.15%4.92%2.97%+107 bps
Share Growth (YoY)11.26%7.85%-1.26%-3.60%-5.12%-1,638 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.96%0.64%0.65%0.88%0.87%-9 bps
Capital
Risk-Based Capital4.91%5.07%4.08%3.12%-8.69%-1,361 bps
Net Worth / Assets4.91%5.07%4.08%3.12%-8.69%-1,361 bps
Liquidity & Funding
Loans / Shares48.45%49.00%50.43%54.25%52.58%+413 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps