PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

K M C

Kettering, OH · Charter 16316

Q2 2005

$26.3MAssets
$18.9MLoans
$23.6MShares
$2.6MNet 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 0.97%, down 37 bps year over year; NIM at 4.39%.
  • Asset quality: problem loans at 0.44% of loans (+14 bps YoY).
  • Capital: net worth / assets of 9.90%, down 33 bps from a year ago.
  • Funding: loans stand at 80.01% of shares as of Q2 2005.

Financial Results

Return on Assets (quarter, annualized)

0.97%-37 bps YoY

Net Interest Margin (quarter, annualized)

4.39%+2 bps YoY

Efficiency Ratio (quarter, annualized)

77.84%+682 bps YoY

Net Worth / Assets

9.90%-33 bps YoY

Discrete quarter, annualized.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005YoY ΔTrend
Earnings
Return on Assets1.34%1.24%1.01%0.46%0.97%-37 bps
Return on Equity13.11%11.55%10.21%4.71%9.82%-329 bps
Net Interest Margin4.37%4.51%4.13%4.31%4.39%+2 bps
Efficiency Ratio71.02%74.31%77.18%85.36%77.84%+682 bps
Growth
Asset Growth (YoY)0.89%-0.38%9.82%5.21%13.04%+1,216 bps
Loan Growth (YoY)10.30%11.57%17.06%15.66%20.03%+973 bps
Share Growth (YoY)-0.30%-1.87%9.63%4.61%13.47%+1,377 bps
Asset Quality
Delinquent Loans / Loans0.31%0.50%0.27%0.35%0.44%+14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.77%0.79%0.57%0.61%0.60%-16 bps
Capital
Risk-Based Capital10.23%10.73%9.89%9.84%9.90%-33 bps
Net Worth / Assets10.23%10.73%9.89%9.84%9.90%-33 bps
Liquidity & Funding
Loans / Shares75.64%78.73%74.03%77.99%80.01%+438 bps
Liquid Assets / Assets24.26%22.10%24.18%21.35%18.75%-551 bps