PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Fairview Employees

Costa Mesa, CA · Charter 13560

Q3 2015

$14.1MAssets
$5.7MLoans
$12.4MShares
$1.7MNet 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 0.02%, down 44 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.21% of loans (-3 bps YoY).
  • Capital: net worth / assets of 11.87%, down 31 bps from a year ago.
  • Funding: loans stand at 45.88% of shares as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

0.02%-44 bps YoY

Net Interest Margin (YTD, annualized)

2.63%-4 bps YoY

Efficiency Ratio (YTD, annualized)

99.90%-103 bps YoY

Net Worth / Assets

11.87%-31 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.46%0.36%-0.08%0.01%0.02%-44 bps
Return on Equity3.75%2.92%-0.67%0.10%0.19%-357 bps
Net Interest Margin2.67%2.70%2.68%2.56%2.63%-4 bps
Efficiency Ratio100.92%100.30%102.64%100.54%99.90%-103 bps
Growth
Asset Growth (YoY)4.28%10.11%6.91%5.25%2.83%-145 bps
Loan Growth (YoY)-1.71%-0.26%-1.62%-0.99%-0.53%+119 bps
Share Growth (YoY)5.06%10.78%7.95%5.39%3.56%-150 bps
Asset Quality
Delinquent Loans / Loans0.23%0.17%0.16%0.22%0.21%-3 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.98%0.93%0.90%0.86%0.86%-13 bps
Capital
Risk-Based Capital12.18%12.21%12.03%11.57%11.87%-31 bps
Net Worth / Assets12.18%12.21%12.03%11.57%11.87%-31 bps
Liquidity & Funding
Loans / Shares47.77%48.82%47.16%45.04%45.88%-189 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps