PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Public Employees in Miami County

Troy, OH · Charter 19507

Q1 2008

$11.2MAssets
$7.8MLoans
$10.1MShares
$1.1MNet 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 0.62%, up 34 bps year over year; NIM at 4.89%.
  • Asset quality: problem loans at 1.38% of loans (-57 bps YoY).
  • Capital: net worth / assets of 9.68%, down 108 bps from a year ago.
  • Funding: loans stand at 77.07% of shares as of Q1 2008.

Financial Results

Return on Assets (YTD, annualized)

0.62%+34 bps YoY

Net Interest Margin (YTD, annualized)

4.89%+27 bps YoY

Efficiency Ratio (YTD, annualized)

77.37%-1,298 bps YoY

Net Worth / Assets

9.68%-108 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2007Q2 2007Q3 2007Q4 2007Q1 2008YoY ΔTrend
Earnings
Return on Assets0.29%0.50%0.43%0.09%0.62%+34 bps
Return on Equity2.65%4.61%3.94%0.90%6.41%+376 bps
Net Interest Margin4.62%4.68%4.67%4.57%4.89%+27 bps
Efficiency Ratio90.36%86.99%85.25%86.33%77.37%-1,298 bps
Growth
Asset Growth (YoY)1.87%4.26%3.02%2.63%13.21%+1,134 bps
Loan Growth (YoY)9.71%12.42%7.99%8.70%4.60%-512 bps
Share Growth (YoY)1.37%4.20%3.01%2.92%14.78%+1,341 bps
Asset Quality
Delinquent Loans / Loans1.95%1.91%1.83%1.85%1.38%-57 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.21%0.38%0.17%0.60%0.80%+58 bps
Capital
Risk-Based Capital10.76%10.85%10.96%10.51%9.68%-108 bps
Net Worth / Assets10.76%10.85%10.96%10.51%9.68%-108 bps
Liquidity & Funding
Loans / Shares84.58%86.41%89.00%88.92%77.07%-751 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps