PackageTrendsPeer
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State Farm Sunland

Tempe, AZ · Charter 20794

Q3 2006

$148.9MAssets
$55.6MLoans
$133.4MShares
$16.7MNet 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 0.16%, down 46 bps year over year; NIM at 0.35%.
  • Asset quality: problem loans at 0.07% of loans (-5 bps YoY).
  • Capital: net worth / assets of 11.22%, down 202 bps from a year ago.
  • Funding: loans stand at 41.68% of shares as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.16%-46 bps YoY

Net Interest Margin (YTD, annualized)

0.35%-56 bps YoY

Efficiency Ratio (YTD, annualized)

65.82%+3,999 bps YoY

Net Worth / Assets

11.22%-202 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.62%-1.86%0.82%0.69%0.16%-46 bps
Return on Equity4.69%-17.07%7.46%6.11%1.44%-325 bps
Net Interest Margin0.91%-1.63%1.06%0.91%0.35%-56 bps
Efficiency Ratio25.83%n/a22.58%24.26%65.82%+3,999 bps
Growth
Asset Growth (YoY)-1.77%-0.89%-0.37%-0.98%-1.73%+4 bps
Loan Growth (YoY)6.75%3.30%5.95%5.80%8.33%+158 bps
Share Growth (YoY)-2.03%0.60%1.80%2.17%1.76%+379 bps
Asset Quality
Delinquent Loans / Loans0.13%0.11%0.09%0.05%0.07%-5 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.54%0.39%0.32%0.25%0.18%-36 bps
Capital
Risk-Based Capital13.24%10.89%10.93%11.24%11.22%-202 bps
Net Worth / Assets13.24%10.89%10.93%11.24%11.22%-202 bps
Liquidity & Funding
Loans / Shares39.16%38.62%38.02%39.92%41.68%+253 bps
Liquid Assets / Assets19.89%22.82%19.49%0.00%0.00%-1,989 bps