PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Phila Tribune Employees

Philadelphia, PA · Charter 18689

Q3 2008

$45KAssets
$10KLoans
$35KShares
$10KNet 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 1.79%, down 33 bps year over year; NIM at 4.30%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 21.93%, up 124 bps from a year ago.
  • Funding: loans stand at 26.97% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

1.79%-33 bps YoY

Net Interest Margin (YTD, annualized)

4.30%+82 bps YoY

Efficiency Ratio (YTD, annualized)

58.42%+1,416 bps YoY

Net Worth / Assets

21.93%+124 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets2.12%2.76%-0.50%1.11%1.79%-33 bps
Return on Equity10.26%13.18%-2.46%5.44%8.15%-211 bps
Net Interest Margin3.48%4.04%4.59%4.25%4.30%+82 bps
Efficiency Ratio44.27%35.94%111.00%73.77%58.42%+1,416 bps
Growth
Asset Growth (YoY)10.53%7.50%-4.21%-3.21%-6.77%-1,731 bps
Loan Growth (YoY)-33.55%4.67%78.64%36.66%-25.01%+855 bps
Share Growth (YoY)13.54%9.48%-5.06%-3.96%-8.23%-2,177 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital20.69%20.91%20.54%20.48%21.93%+124 bps
Net Worth / Assets20.69%20.91%20.54%20.48%21.93%+124 bps
Liquidity & Funding
Loans / Shares33.00%37.93%45.07%39.09%26.97%-603 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps