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Honeywell/Alliant Techsystems

Minneapolis, MN · Charter 24446

Q3 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2014, the quarter ended September 30, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Honeywell/Alliant Techsystems

Minneapolis, MN · Charter 24446

Q3 2014

$344.1MAssets
$210.3MLoans
$295.0MShares
$48.0MNet 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 0.59%, down 63 bps year over year; NIM at 2.35%.
  • Asset quality: problem loans at 0.42% of loans (-22 bps YoY).
  • Capital: net worth / assets of 13.96%, up 75 bps from a year ago.
  • Funding: loans stand at 71.30% of shares as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

0.59%-63 bps YoY

Net Interest Margin (YTD, annualized)

2.35%+1 bps YoY

Efficiency Ratio (YTD, annualized)

78.69%+1,270 bps YoY

Net Worth / Assets

13.96%+75 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets1.21%0.92%0.71%0.71%0.59%-63 bps
Return on Equity9.18%6.87%5.41%5.20%4.21%-497 bps
Net Interest Margin2.35%2.36%2.19%2.26%2.35%+1 bps
Efficiency Ratio65.99%71.51%70.96%77.47%78.69%+1,270 bps
Growth
Asset Growth (YoY)-0.14%-1.43%-1.11%-1.73%-2.27%-213 bps
Loan Growth (YoY)-1.77%-1.02%-0.34%7.64%15.86%+1,763 bps
Share Growth (YoY)-1.10%-2.52%-1.91%-2.72%-3.05%-196 bps
Asset Quality
Delinquent Loans / Loans0.64%0.72%0.52%0.71%0.42%-22 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.23%1.24%1.15%0.91%0.78%-45 bps
Capital
Risk-Based Capital13.22%13.38%13.18%13.70%13.96%+75 bps
Net Worth / Assets13.22%13.38%13.18%13.70%13.96%+75 bps
Liquidity & Funding
Loans / Shares59.66%60.71%59.19%65.77%71.30%+1,164 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps