Fremont, OH · Charter 14450
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 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.
Fremont, OH · Charter 14450
Q1 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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.29% | 0.00% | 0.01% | -0.74% | -0.09% | -38 bps | |
| Return on Equity | 3.22% | 0.02% | 0.13% | -8.53% | -1.12% | -434 bps | |
| Net Interest Margin | 3.76% | 4.19% | 4.08% | 4.13% | 3.33% | -42 bps | |
| Efficiency Ratio | 92.52% | 87.54% | 99.70% | 88.34% | 102.68% | +1,015 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.66% | -3.44% | -4.16% | -5.52% | -6.56% | -1,422 bps | |
| Loan Growth (YoY) | -20.97% | -11.39% | -5.96% | -9.72% | -10.37% | +1,061 bps | |
| Share Growth (YoY) | 7.21% | -3.53% | -4.57% | -5.28% | -4.14% | -1,136 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 4.64% | 2.58% | 2.84% | 0.92% | 1.81% | -283 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.30% | 0.18% | 0.18% | 0.18% | 1.38% | +8 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.90% | 9.12% | 9.45% | 8.71% | 8.10% | -80 bps | |
| Net Worth / Assets | 8.90% | 9.12% | 9.45% | 8.71% | 8.10% | -80 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 51.84% | 53.22% | 56.20% | 53.77% | 48.47% | -337 bps | |
| Liquid Assets / Assets | 40.57% | 48.00% | 43.31% | 44.81% | 44.29% | +373 bps | |