PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Twin City Co-ops

Roseville, MN · Charter 24356

Q1 2014

$626.2MAssets
$411.1MLoans
$574.0MShares
$50.7MNet 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 0.73%, down 49 bps year over year; NIM at 2.55%.
  • Asset quality: problem loans at 0.16% of loans (-20 bps YoY).
  • Capital: net worth / assets of 8.10%, up 38 bps from a year ago.
  • Funding: loans stand at 71.62% of shares as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

0.73%-49 bps YoY

Net Interest Margin (YTD, annualized)

2.55%-15 bps YoY

Efficiency Ratio (YTD, annualized)

87.64%+809 bps YoY

Net Worth / Assets

8.10%+38 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets1.22%0.87%0.78%0.80%0.73%-49 bps
Return on Equity15.78%10.99%9.71%9.76%8.97%-681 bps
Net Interest Margin2.71%2.71%2.69%2.66%2.55%-15 bps
Efficiency Ratio79.55%82.17%83.22%82.98%87.64%+809 bps
Growth
Asset Growth (YoY)7.58%5.57%4.88%4.18%3.73%-385 bps
Loan Growth (YoY)2.59%2.97%5.04%4.22%1.65%-94 bps
Share Growth (YoY)7.12%5.73%4.85%4.11%3.58%-354 bps
Asset Quality
Delinquent Loans / Loans0.36%0.34%0.29%0.33%0.16%-20 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.13%1.07%1.00%0.90%0.80%-33 bps
Capital
Risk-Based Capital7.72%7.93%8.05%8.17%8.10%+38 bps
Net Worth / Assets7.72%7.93%8.05%8.17%8.10%+38 bps
Liquidity & Funding
Loans / Shares72.97%74.23%75.23%75.45%71.62%-135 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps