PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

A F E

Fayette, AL · Charter 22041

Q4 2001

$2.8MAssets
$1.7MLoans
$2.0MShares
$799KNet 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 0.46%, down 47 bps year over year; NIM at 1.86%.
  • Asset quality: problem loans at 2.76% of loans (+272 bps YoY).
  • Capital: net worth / assets of 28.27%.
  • Funding: loans stand at 85.30% of shares as of Q4 2001.

Financial Results

Return on Assets (quarter, annualized)

0.46%-47 bps YoY

Net Interest Margin (quarter, annualized)

1.86%-52 bps YoY

Efficiency Ratio (quarter, annualized)

76.37%+1,428 bps YoY

Net Worth / Assets

28.27%

Discrete quarter, annualized.

MetricQ4 1999Q2 2000Q4 2000Q2 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets0.93%1.21%1.33%0.60%0.46%-47 bps
Return on Equityn/an/a4.82%2.26%1.64%n/a
Net Interest Margin2.39%2.75%2.95%2.67%1.86%-52 bps
Efficiency Ratio62.09%60.29%58.06%64.28%76.37%+1,428 bps
Growth
Asset Growth (YoY)14.51%6.70%1.74%-1.52%-6.81%-2,131 bps
Loan Growth (YoY)5.68%20.60%35.42%25.50%20.71%+1,503 bps
Share Growth (YoY)15.89%5.78%-0.81%-4.57%-11.81%-2,770 bps
Asset Quality
Delinquent Loans / Loans0.04%0.60%2.18%1.49%2.76%+272 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.41%0.37%0.29%0.60%0.62%+21 bps
Capital
Risk-Based Capitaln/an/a27.53%26.69%28.27%n/a
Net Worth / Assetsn/an/a27.53%26.69%28.27%n/a
Liquidity & Funding
Loans / Shares62.33%72.59%83.47%81.10%85.30%+2,298 bps
Liquid Assets / Assets0.00%41.10%37.35%38.88%37.56%+3,756 bps