PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Iuisthe Federal Credit Union

New York, NY · Charter 23969

Q3 2008

$38KAssets
$21KLoans
$44KShares
$-7KNet 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 -124.30%, down 12,757 bps year over year; NIM at 9.12%.
  • Asset quality: problem loans at 29.72% of loans (+2,702 bps YoY).
  • Capital: net worth / assets of -17.32%, down 4,979 bps from a year ago.
  • Funding: loans stand at 47.12% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-124.30%-12,757 bps YoY

Net Interest Margin (YTD, annualized)

9.12%+234 bps YoY

Efficiency Ratio (YTD, annualized)

41.35%-1,168 bps YoY

Net Worth / Assets

-17.32%-4,979 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets3.27%2.96%2.00%3.88%-124.30%-12,757 bps
Return on Equity10.06%9.61%7.77%n/an/an/a
Net Interest Margin6.78%6.45%11.19%7.57%9.12%+234 bps
Efficiency Ratio53.04%56.43%82.15%49.92%41.35%-1,168 bps
Growth
Asset Growth (YoY)-13.56%2.83%-3.32%-31.37%-67.65%-5,409 bps
Loan Growth (YoY)48.00%2.53%-3.03%6.06%-68.19%-11,619 bps
Share Growth (YoY)-22.95%0.42%5.47%-36.33%-43.80%-2,085 bps
Asset Quality
Delinquent Loans / Loans2.70%2.53%76.30%81.53%29.72%+2,702 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.26%5.85%6.40%6.50%12.01%+575 bps
Capital
Risk-Based Capital32.47%30.84%25.72%-31.89%-17.32%-4,979 bps
Net Worth / Assets32.47%30.84%25.72%-31.89%-17.32%-4,979 bps
Liquidity & Funding
Loans / Shares83.24%82.57%77.95%118.87%47.12%-3,613 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps