PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ericsson Employees

Lynchburg, VA · Charter 23402

Q2 2001

$2.8MAssets
$1.9MLoans
$2.4MShares
$312KNet 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 0.42%, down 261 bps year over year; NIM at 4.56%.
  • Asset quality: problem loans at 0.63% of loans (+63 bps YoY).
  • Capital: net worth / assets of 11.33%.
  • Funding: loans stand at 78.06% of shares as of Q2 2001.

Financial Results

Return on Assets (YTD, annualized)

0.42%-261 bps YoY

Net Interest Margin (YTD, annualized)

4.56%

Efficiency Ratio (YTD, annualized)

91.06%

Net Worth / Assets

11.33%

Year to date, annualized, through each quarter.

MetricQ2 1999Q4 1999Q2 2000Q4 2000Q2 2001YoY ΔTrend
Earnings
Return on Assets3.04%1.14%0.59%0.69%0.42%-261 bps
Return on Equityn/an/an/a6.37%3.72%n/a
Net Interest Marginn/a5.44%5.01%5.54%4.56%n/a
Efficiency Ration/a79.90%89.58%87.71%91.06%n/a
Growth
Asset Growth (YoY)6.77%4.59%14.56%10.17%-12.43%-1,920 bps
Loan Growth (YoY)12.14%18.35%14.98%16.76%-9.37%-2,151 bps
Share Growth (YoY)5.96%3.41%13.99%10.13%-15.19%-2,115 bps
Asset Quality
Delinquent Loans / Loans0.00%15.38%0.05%0.83%0.63%+63 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.34%2.89%2.61%3.05%3.42%+108 bps
Capital
Risk-Based Capitaln/an/an/a10.87%11.33%n/a
Net Worth / Assetsn/an/an/a10.87%11.33%n/a
Liquidity & Funding
Loans / Shares73.04%93.30%79.69%88.72%78.06%+502 bps
Liquid Assets / Assets25.61%11.56%0.00%14.02%28.85%+324 bps