PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

IBM Rocky Mountain Employees

Boulder, CO · Charter 17277

Q1 2015

$505.2MAssets
$376.7MLoans
$436.4MShares
$58.7MNet 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 1.59%, up 48 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.57% of loans (-30 bps YoY).
  • Capital: net worth / assets of 11.61%, up 71 bps from a year ago.
  • Funding: loans stand at 86.31% of shares as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

1.59%+48 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-42 bps YoY

Efficiency Ratio (YTD, annualized)

65.91%+680 bps YoY

Net Worth / Assets

11.61%+71 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets1.11%1.08%1.35%1.43%1.59%+48 bps
Return on Equity10.20%9.78%11.59%12.20%13.70%+350 bps
Net Interest Margin4.04%4.02%4.09%3.95%3.62%-42 bps
Efficiency Ratio59.11%60.57%61.17%60.86%65.91%+680 bps
Growth
Asset Growth (YoY)5.83%6.42%5.28%6.20%7.91%+208 bps
Loan Growth (YoY)18.75%18.17%13.04%6.19%2.85%-1,590 bps
Share Growth (YoY)5.89%7.08%3.79%4.26%6.17%+27 bps
Asset Quality
Delinquent Loans / Loans0.87%0.87%0.86%0.68%0.57%-30 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.71%1.70%1.63%1.55%1.45%-26 bps
Capital
Risk-Based Capital10.90%11.04%11.64%11.70%11.61%+71 bps
Net Worth / Assets10.90%11.04%11.64%11.70%11.61%+71 bps
Liquidity & Funding
Loans / Shares89.09%93.44%95.40%91.99%86.31%-279 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps