Manistee, MI · Charter 2186
NCUA · 1 branch
Q3 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2016, the quarter ended September 30, 2016, 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.
Manistee, MI · Charter 2186
NCUA · 1 branch
Q3 2016
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 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.74% | -0.98% | -0.20% | -0.35% | -0.57% | -0.95% | -0.86% | -0.91% | -56 bps | |
| Return on Equity | -9.59% | -13.49% | -2.71% | -5.04% | -8.50% | -15.12% | -13.76% | -15.12% | -1,008 bps | |
| Net Interest Margin | 2.16% | 2.06% | 2.02% | 2.01% | 2.02% | 2.06% | 2.17% | 2.23% | +21 bps | |
| Efficiency Ratio | 127.29% | 140.11% | 106.00% | 111.86% | 120.15% | 140.61% | 134.36% | 135.58% | +2,372 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.74% | -0.82% | 3.39% | 5.86% | 6.09% | 6.76% | 2.45% | -0.11% | -598 bps | |
| Loan Growth (YoY) | -4.20% | -1.30% | -4.52% | -5.05% | -10.96% | -5.07% | 3.66% | -1.74% | +331 bps | |
| Share Growth (YoY) | 1.73% | -0.10% | 4.19% | 6.89% | 7.24% | 7.93% | 3.64% | 0.94% | -596 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.36% | 0.23% | 0.17% | 0.40% | 0.21% | 0.16% | 0.00% | 0.00% | -40 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.17% | 0.19% | 0.19% | 0.20% | 0.22% | 0.22% | 0.18% | 0.19% | -1 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.72% | 7.29% | 7.29% | 7.03% | 6.71% | 6.27% | 6.22% | 6.05% | -98 bps | |
| Net Worth / Assets | 7.72% | 7.29% | 7.29% | 7.03% | 6.71% | 6.27% | 6.22% | 6.05% | -98 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 53.64% | 49.53% | 46.99% | 47.35% | 44.54% | 43.56% | 47.00% | 46.10% | -126 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |