PackageTrendsPeer
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Foseco Employees

Brookpark, OH · Charter 22744

Q3 2008

$621KAssets
$260KLoans
$495KShares
$123KNet 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 0.74%, up 13 bps year over year; NIM at 2.21%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 19.88%, down 68 bps from a year ago.
  • Funding: loans stand at 52.43% of shares as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

0.74%+13 bps YoY

Net Interest Margin (quarter, annualized)

2.21%-55 bps YoY

Efficiency Ratio (quarter, annualized)

58.80%+524 bps YoY

Net Worth / Assets

19.88%-68 bps YoY

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.61%0.57%-0.02%0.38%0.74%+13 bps
Return on Equity2.96%2.67%-0.09%1.91%3.73%+77 bps
Net Interest Margin2.76%2.80%2.80%2.21%2.21%-55 bps
Efficiency Ratio53.57%55.37%78.63%70.24%58.80%+524 bps
Growth
Asset Growth (YoY)1.47%2.59%-1.16%4.92%6.90%+543 bps
Loan Growth (YoY)9.13%11.41%11.12%-2.03%-19.78%-2,891 bps
Share Growth (YoY)0.85%2.58%-2.29%6.22%8.50%+765 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.66%1.01%1.36%1.36%1.52%+86 bps
Capital
Risk-Based Capital20.56%21.25%21.16%19.96%19.88%-68 bps
Net Worth / Assets20.56%21.25%21.16%19.96%19.88%-68 bps
Liquidity & Funding
Loans / Shares70.92%68.89%65.70%59.88%52.43%-1,849 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps