Memphis, TN · Charter 24509
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Memphis, TN · Charter 24509
Q1 2014
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.05% | -0.03% | -0.01% | -0.14% | 0.00% | -4 bps | |
| Return on Equity | 0.41% | -0.29% | -0.10% | -1.17% | 0.02% | -39 bps | |
| Net Interest Margin | 3.55% | 3.64% | 3.67% | 3.84% | 3.38% | -17 bps | |
| Efficiency Ratio | 91.78% | 89.38% | 89.68% | 89.13% | 94.66% | +288 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.32% | -1.04% | -1.40% | -3.25% | -3.67% | -335 bps | |
| Loan Growth (YoY) | -8.17% | -7.82% | -7.04% | -5.79% | -9.98% | -181 bps | |
| Share Growth (YoY) | 0.00% | -0.88% | -0.74% | -3.24% | -3.45% | -345 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.61% | 1.97% | 1.56% | 1.51% | 1.23% | -38 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.70% | 2.56% | 2.57% | 2.57% | 2.71% | +1 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.39% | 11.79% | 11.88% | 12.36% | 11.68% | +29 bps | |
| Net Worth / Assets | 11.39% | 11.79% | 11.88% | 12.36% | 11.68% | +29 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 48.39% | 49.93% | 49.77% | 52.16% | 45.12% | -327 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |