PackageTrendsPeer
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Deer Valley

Phoenix, AZ · Charter 20565

Q1 2002

$159.1MAssets
$90.4MLoans
$140.9MShares
$17.5MNet 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 1.03%, up 13 bps year over year; NIM at 2.60%.
  • Asset quality: problem loans at 0.14% of loans (-6 bps YoY).
  • Capital: net worth / assets of 11.01%, down 46 bps from a year ago.
  • Funding: loans stand at 64.15% of shares as of Q1 2002.

Financial Results

Return on Assets (quarter, annualized)

1.03%+13 bps YoY

Net Interest Margin (quarter, annualized)

2.60%-19 bps YoY

Efficiency Ratio (quarter, annualized)

66.12%-266 bps YoY

Net Worth / Assets

11.01%-46 bps YoY

Discrete quarter, annualized.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets0.90%0.92%0.83%0.81%1.03%+13 bps
Return on Equity7.87%7.91%7.27%7.25%9.37%+151 bps
Net Interest Margin2.79%2.73%2.60%2.54%2.60%-19 bps
Efficiency Ratio68.78%68.06%69.64%69.15%66.12%-266 bps
Growth
Asset Growth (YoY)4.92%3.91%9.66%12.52%12.73%+781 bps
Loan Growth (YoY)2.15%1.95%2.10%2.79%1.29%-86 bps
Share Growth (YoY)4.47%3.36%9.96%13.32%13.24%+877 bps
Asset Quality
Delinquent Loans / Loans0.20%0.15%0.11%0.17%0.14%-6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.38%0.35%0.35%0.38%0.33%-5 bps
Capital
Risk-Based Capital11.47%11.66%11.42%11.19%11.01%-46 bps
Net Worth / Assets11.47%11.66%11.42%11.19%11.01%-46 bps
Liquidity & Funding
Loans / Shares71.72%71.73%69.25%67.38%64.15%-757 bps
Liquid Assets / Assets32.36%26.56%29.53%18.74%15.92%-1,644 bps