Toledo, OH · Charter 24519
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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.
Toledo, OH · Charter 24519
Q3 2003
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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.26% | 0.30% | 1.39% | 0.46% | -0.39% | -65 bps | |
| Return on Equity | 3.56% | 3.89% | 18.29% | 5.04% | -4.16% | -772 bps | |
| Net Interest Margin | 2.27% | 2.27% | 1.69% | 1.92% | 1.57% | -70 bps | |
| Efficiency Ratio | 91.90% | 91.32% | 70.07% | 91.23% | 107.97% | +1,607 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 17.43% | 4.05% | 3.18% | -2.78% | -23.29% | -4,072 bps | |
| Loan Growth (YoY) | n/a | n/a | 302% | 386% | 414% | n/a | |
| Share Growth (YoY) | 16.09% | 3.39% | 3.34% | -3.08% | -24.71% | -4,080 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 9.56% | 4.60% | 1.18% | 0.00% | 0.00% | -956 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 26.23% | 13.66% | 6.58% | 3.82% | 4.08% | -2,215 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.28% | 7.79% | 7.60% | 9.05% | 9.32% | +204 bps | |
| Net Worth / Assets | 7.28% | 7.79% | 7.60% | 9.05% | 9.32% | +204 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 0.98% | 2.16% | 3.59% | 6.53% | 6.68% | +570 bps | |
| Liquid Assets / Assets | 90.06% | 93.48% | 80.22% | 88.79% | 88.46% | -160 bps | |