W. Palm Beach, FL · Charter 24671
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
W. Palm Beach, FL · Charter 24671
Q1 2006
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 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.44% | 0.41% | 0.46% | 0.51% | 0.87% | +43 bps | |
| Return on Equity | 4.73% | 4.41% | 4.57% | 4.94% | 8.35% | +362 bps | |
| Net Interest Margin | 3.54% | 3.54% | 3.87% | 4.01% | 4.42% | +88 bps | |
| Efficiency Ratio | 89.44% | 90.29% | 90.13% | 89.31% | 82.93% | -651 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.60% | 1.91% | -5.44% | -6.64% | -5.21% | -881 bps | |
| Loan Growth (YoY) | -11.71% | -8.73% | -6.61% | -24.02% | -22.59% | -1,089 bps | |
| Share Growth (YoY) | 3.57% | 1.62% | -6.61% | -8.05% | -6.25% | -981 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.12% | 0.03% | 0.01% | 0.00% | 0.02% | -10 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.68% | 1.72% | 1.84% | 1.58% | 1.77% | +8 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.31% | 9.23% | 10.06% | 10.34% | 10.43% | +112 bps | |
| Net Worth / Assets | 9.31% | 9.23% | 10.06% | 10.34% | 10.43% | +112 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 53.54% | 51.00% | 52.02% | 50.30% | 44.21% | -933 bps | |
| Liquid Assets / Assets | 47.57% | 50.43% | 49.15% | 51.36% | 55.84% | +826 bps | |