PackageTrendsPeer
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Desert Medical

Scottsdale, AZ · Charter 20214

NCUA · 2 branches

Q3 2016

$9.7MAssets
$5.7MLoans
$8.7MShares
$942KNet 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 0.34%, down 48 bps year over year; NIM at 3.82%.
  • Asset quality: problem loans at 0.06% of loans (+6 bps YoY).
  • Capital: net worth / assets of 9.71%, up 90 bps from a year ago.
  • Funding: loans stand at 65.41% of shares as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

0.34%-48 bps YoY

Net Interest Margin (YTD, annualized)

3.82%+22 bps YoY

Efficiency Ratio (YTD, annualized)

83.11%+197 bps YoY

Net Worth / Assets

9.71%+90 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.82%0.77%-0.01%0.74%0.34%-48 bps
Return on Equity9.32%8.74%-0.06%7.70%3.50%-582 bps
Net Interest Margin3.60%3.56%3.61%3.76%3.82%+22 bps
Efficiency Ratio81.14%82.31%84.61%81.29%83.11%+197 bps
Growth
Asset Growth (YoY)2.42%5.87%-1.50%-3.33%-5.07%-749 bps
Loan Growth (YoY)0.83%2.42%1.72%3.81%-2.20%-303 bps
Share Growth (YoY)0.52%2.20%-2.29%-4.50%-4.67%-519 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.08%0.06%+6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.21%1.18%1.18%1.18%1.23%+3 bps
Capital
Risk-Based Capital8.80%8.86%8.96%9.62%9.71%+90 bps
Net Worth / Assets8.80%8.86%8.96%9.62%9.71%+90 bps
Liquidity & Funding
Loans / Shares63.75%64.04%64.58%66.71%65.41%+165 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps