PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Southland Savings

Buena Park, CA · Charter 2016

Q1 2015

$7.6MAssets
$2.7MLoans
$7.0MShares
$543KNet 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 -0.75%, down 77 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 7.14%, down 57 bps from a year ago.
  • Funding: loans stand at 37.96% of shares as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

-0.75%-77 bps YoY

Net Interest Margin (YTD, annualized)

2.52%-46 bps YoY

Efficiency Ratio (YTD, annualized)

127.28%+2,486 bps YoY

Net Worth / Assets

7.14%-57 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.02%0.26%-0.24%-0.51%-0.75%-77 bps
Return on Equity0.22%3.31%-3.05%-6.65%-10.57%-1,079 bps
Net Interest Margin2.99%2.89%2.89%2.91%2.52%-46 bps
Efficiency Ratio102.42%103.69%115.29%120.81%127.28%+2,486 bps
Growth
Asset Growth (YoY)-4.66%-3.61%-3.77%-1.71%-1.74%+292 bps
Loan Growth (YoY)2.02%0.02%-10.95%-15.88%-19.31%-2,133 bps
Share Growth (YoY)-4.74%-3.77%-3.75%-1.29%-1.52%+322 bps
Asset Quality
Delinquent Loans / Loans0.00%0.17%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.35%0.02%0.00%0.04%0.30%-5 bps
Capital
Risk-Based Capital7.71%7.83%7.81%7.60%7.14%-57 bps
Net Worth / Assets7.71%7.83%7.81%7.60%7.14%-57 bps
Liquidity & Funding
Loans / Shares46.32%46.94%42.97%42.20%37.96%-837 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps