PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

United Mutual Employees

Richmond, CA · Charter 14740

Q1 2007

$1.5MAssets
$521KLoans
$1.3MShares
$192KNet 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 172 bps year over year; NIM at 4.18%.
  • Asset quality: problem loans at 0.92% of loans (-240 bps YoY).
  • Capital: net worth / assets of 12.50%, up 281 bps from a year ago.
  • Funding: loans stand at 38.90% of shares as of Q1 2007.

Financial Results

Return on Assets (quarter, annualized)

0.02%-172 bps YoY

Net Interest Margin (quarter, annualized)

4.18%-81 bps YoY

Efficiency Ratio (quarter, annualized)

95.18%+2,980 bps YoY

Net Worth / Assets

12.50%+281 bps YoY

Discrete quarter, annualized.

MetricQ1 2006Q2 2006Q3 2006Q4 2006Q1 2007YoY ΔTrend
Earnings
Return on Assets1.74%1.62%1.44%0.60%0.02%-172 bps
Return on Equity17.96%14.49%12.18%5.02%0.15%-1,782 bps
Net Interest Margin4.99%5.51%5.49%5.69%4.18%-81 bps
Efficiency Ratio65.38%70.06%72.75%87.53%95.18%+2,980 bps
Growth
Asset Growth (YoY)0.74%-18.45%-13.92%-17.30%-21.98%-2,272 bps
Loan Growth (YoY)-5.26%-19.44%-22.90%-27.48%-28.89%-2,363 bps
Share Growth (YoY)-0.23%-21.22%-16.44%-19.52%-24.44%-2,421 bps
Asset Quality
Delinquent Loans / Loans3.33%8.20%8.87%0.95%0.92%-240 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans7.03%7.84%8.60%0.80%1.02%-601 bps
Capital
Risk-Based Capital9.70%11.18%11.81%11.92%12.50%+281 bps
Net Worth / Assets9.70%11.18%11.81%11.92%12.50%+281 bps
Liquidity & Funding
Loans / Shares41.33%42.72%41.25%38.52%38.90%-243 bps
Liquid Assets / Assets58.27%0.00%0.00%0.00%0.00%-5,827 bps