PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

M I I

Clearwater, FL · Charter 19860

Q4 1998

$726KAssets
$437KLoans
$652KShares
n/aNet 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 2.78%, up 50 bps year over year.
  • Asset quality: problem loans at 6.29% of loans (+332 bps YoY).
  • Funding: loans stand at 66.93% of shares as of Q4 1998.

Financial Results

Return on Assets (YTD, annualized)

2.78%+50 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

MetricQ4 1996Q2 1997Q4 1997Q2 1998Q4 1998YoY ΔTrend
Earnings
Return on Assets2.27%3.55%3.89%2.30%2.78%+50 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/a
Growth
Asset Growth (YoY)17.34%12.89%9.19%9.98%12.16%-518 bps
Loan Growth (YoY)31.20%63.58%38.03%33.92%41.76%+1,057 bps
Share Growth (YoY)19.90%13.30%9.69%8.63%15.85%-405 bps
Asset Quality
Delinquent Loans / Loans2.97%5.97%4.62%8.05%6.29%+332 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.89%3.27%3.64%4.33%4.99%+210 bps
Capital
Risk-Based Capitaln/an/an/an/an/an/an/a
Net Worth / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Shares54.70%51.72%61.58%50.70%66.93%+1,223 bps
Liquid Assets / Assets48.52%47.36%13.09%45.08%30.07%-1,845 bps