PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cal-Maine Employees

Jackson, MS · Charter 22973

Q4 2008

$727KAssets
$7KLoans
$580KShares
$145KNet 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 0.23%, down 149 bps year over year; NIM at 1.24%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 19.96%, down 4 bps from a year ago.
  • Funding: loans stand at 1.22% of shares as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

0.23%-149 bps YoY

Net Interest Margin (YTD, annualized)

1.24%-170 bps YoY

Efficiency Ratio (YTD, annualized)

82.94%+4,098 bps YoY

Net Worth / Assets

19.96%-4 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets1.72%1.49%0.48%0.14%0.23%-149 bps
Return on Equity8.60%7.45%2.37%0.75%1.17%-743 bps
Net Interest Margin2.94%2.61%1.63%1.13%1.24%-170 bps
Efficiency Ratio41.96%43.79%72.60%88.83%82.94%+4,098 bps
Growth
Asset Growth (YoY)-2.54%-8.06%-0.58%8.28%1.41%+395 bps
Loan Growth (YoY)-49.75%-64.08%-73.49%-79.46%-88.25%-3,849 bps
Share Growth (YoY)-5.13%-11.64%-2.14%9.73%1.89%+702 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 / Loans0.19%0.25%0.24%0.75%0.00%-19 bps
Capital
Risk-Based Capital20.01%20.06%20.15%17.99%19.96%-4 bps
Net Worth / Assets20.01%20.06%20.15%17.99%19.96%-4 bps
Liquidity & Funding
Loans / Shares10.56%6.52%3.70%1.73%1.22%-934 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps