Rockford, MI · Charter 20278
Q4 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2014, the quarter ended December 31, 2014, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Rockford, MI · Charter 20278
Q4 2014
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.91% | 0.47% | 0.29% | 0.62% | 0.33% | -58 bps | |
| Return on Equity | 12.75% | 6.97% | 4.15% | 8.09% | 4.48% | -828 bps | |
| Net Interest Margin | 4.52% | 4.09% | 4.15% | 4.43% | 4.33% | -19 bps | |
| Efficiency Ratio | 84.50% | 92.24% | 95.34% | 90.75% | 91.65% | +715 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.52% | 2.33% | 0.09% | -0.02% | 1.56% | +4 bps | |
| Loan Growth (YoY) | -1.58% | -7.92% | -8.29% | -8.18% | -10.88% | -930 bps | |
| Share Growth (YoY) | 0.10% | 1.47% | -1.05% | -3.14% | 2.83% | +273 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.86% | 0.76% | 1.92% | 0.90% | 0.36% | -49 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.63% | 0.73% | 0.75% | 0.70% | 0.67% | +4 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.16% | 6.70% | 6.89% | 7.61% | 7.38% | +22 bps | |
| Net Worth / Assets | 7.16% | 6.70% | 6.89% | 7.61% | 7.38% | +22 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 80.49% | 71.77% | 73.76% | 76.59% | 69.76% | -1,073 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |