PackageTrendsPeer
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Martin

Orlando, FL · Charter 23101

NCUA · 5 branches

Q4 2016

$116.5MAssets
$76.4MLoans
$109.1MShares
$6.5MNet 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 -0.58%, down 74 bps year over year; NIM at 3.69%.
  • Asset quality: problem loans at 1.85% of loans (+77 bps YoY), with net charge-offs at 0.14%.
  • Capital: net worth / assets of 5.62%, down 70 bps from a year ago.
  • Funding: loans stand at 70.04% of shares as of Q4 2016.

Financial Results

Return on Assets (quarter, annualized)

-0.58%-74 bps YoY

Net Interest Margin (quarter, annualized)

3.69%+40 bps YoY

Efficiency Ratio (quarter, annualized)

79.22%-557 bps YoY

Net Worth / Assets

5.62%-70 bps YoY

Discrete quarter, annualized.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.15%0.56%0.69%0.04%-0.58%-74 bps
Return on Equity2.43%8.95%10.70%0.66%-10.38%-1,280 bps
Net Interest Margin3.28%3.58%3.68%3.61%3.69%+40 bps
Efficiency Ratio84.79%77.15%72.08%75.92%79.22%-557 bps
Growth
Asset Growth (YoY)6.83%2.72%3.58%7.07%1.95%-488 bps
Loan Growth (YoY)11.29%17.63%19.35%5.25%-1.16%-1,245 bps
Share Growth (YoY)8.14%2.84%2.94%7.84%3.27%-487 bps
Asset Quality
Delinquent Loans / Loans1.08%1.10%1.14%1.32%1.85%+77 bps
Net Charge-Offs / Loansn/a0.17%0.17%0.15%0.14%n/a
Allowance / Loans1.38%1.32%1.47%1.71%2.26%+87 bps
Capital
Risk-Based Capital6.32%6.23%6.47%6.04%5.62%-70 bps
Net Worth / Assets6.32%6.23%6.47%6.04%5.62%-70 bps
Liquidity & Funding
Loans / Shares73.18%72.16%75.62%71.29%70.04%-314 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%99.78%+9,978 bps