PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Seaboard Gateway

Evansville, IN · Charter 19888

NCUA · 1 branch

Q3 2016

$1.4MAssets
$745KLoans
$1.1MShares
$305KNet 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 -2.66%, down 349 bps year over year; NIM at 2.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 22.07%, down 52 bps from a year ago.
  • Funding: loans stand at 69.51% of shares as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-2.66%-349 bps YoY

Net Interest Margin (YTD, annualized)

2.16%-211 bps YoY

Efficiency Ratio (YTD, annualized)

210%+10,808 bps YoY

Net Worth / Assets

22.07%-52 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.82%0.66%0.58%0.56%-2.66%-349 bps
Return on Equity3.64%2.95%2.65%2.54%-12.07%-1,572 bps
Net Interest Margin4.27%4.34%4.50%4.51%2.16%-211 bps
Efficiency Ratio102.17%100.50%87.44%87.92%210%+10,808 bps
Growth
Asset Growth (YoY)2.63%13.06%7.09%6.49%-5.94%-856 bps
Loan Growth (YoY)8.54%9.74%8.19%7.08%-8.56%-1,711 bps
Share Growth (YoY)2.32%16.10%8.21%8.08%-5.52%-783 bps
Asset Quality
Delinquent Loans / Loans0.00%0.18%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.08%2.21%2.36%2.38%2.00%-8 bps
Capital
Risk-Based Capital22.59%22.30%22.02%22.23%22.07%-52 bps
Net Worth / Assets22.59%22.30%22.02%22.23%22.07%-52 bps
Liquidity & Funding
Loans / Shares71.83%70.69%66.01%65.87%69.51%-231 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps