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Fort Smith Municipal Emp

Fort Smith, AR · Charter 17163

NCUA · 3 branches

Q3 2018

$1.8MAssets
$882KLoans
$1.6MShares
$228KNet 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 0.21%, down 16 bps year over year; NIM at 4.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 12.53%, up 73 bps from a year ago.
  • Funding: loans stand at 55.54% of shares as of Q3 2018.

Financial Results

Return on Assets (quarter, annualized)

0.21%-16 bps YoY

Net Interest Margin (quarter, annualized)

4.94%+25 bps YoY

Efficiency Ratio (quarter, annualized)

85.56%+847 bps YoY

Net Worth / Assets

12.53%+73 bps YoY

Discrete quarter, annualized.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.37%-0.38%-0.73%0.23%0.21%-16 bps
Return on Equity3.13%-3.20%-6.03%1.79%1.64%-149 bps
Net Interest Margin4.69%4.94%4.97%4.99%4.94%+25 bps
Efficiency Ratio77.09%78.96%87.03%82.18%85.56%+847 bps
Growth
Asset Growth (YoY)-14.22%-16.46%-11.63%-10.00%-9.78%+445 bps
Loan Growth (YoY)-1.83%-9.56%-8.52%-15.18%-14.76%-1,294 bps
Share Growth (YoY)-16.24%-17.80%-12.41%-10.61%-10.35%+589 bps
Asset Quality
Delinquent Loans / Loans0.00%0.08%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.19%1.02%1.45%1.55%1.71%+152 bps
Capital
Risk-Based Capital11.80%11.73%12.16%12.63%12.53%+73 bps
Net Worth / Assets11.80%11.73%12.16%12.63%12.53%+73 bps
Liquidity & Funding
Loans / Shares58.41%61.35%59.79%57.26%55.54%-288 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps