Memphis, TN · Charter 4139
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 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.
Memphis, TN · Charter 4139
Q2 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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.55% | -1.01% | -5.51% | 1.66% | -7.26% | -571 bps | |
| Return on Equity | -13.38% | -8.77% | -70.50% | 20.05% | -156.31% | -14,293 bps | |
| Net Interest Margin | 4.26% | 4.11% | 4.49% | 4.18% | 4.20% | -6 bps | |
| Efficiency Ratio | 85.31% | 85.05% | 86.71% | 68.92% | 115.67% | +3,037 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -4.97% | -2.79% | -15.61% | -13.99% | -12.57% | -760 bps | |
| Loan Growth (YoY) | -13.35% | -21.97% | -31.83% | -30.24% | -25.94% | -1,259 bps | |
| Share Growth (YoY) | -3.29% | -1.35% | -11.45% | -10.81% | -5.78% | -249 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 7.11% | 12.39% | 6.41% | 3.19% | 3.68% | -343 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 3.87% | 3.54% | 8.24% | 6.46% | 12.15% | +828 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.56% | 11.51% | 7.82% | 8.28% | 4.64% | -692 bps | |
| Net Worth / Assets | 11.56% | 11.51% | 7.82% | 8.28% | 4.64% | -692 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 73.07% | 67.70% | 65.14% | 59.94% | 57.44% | -1,563 bps | |
| Liquid Assets / Assets | 32.95% | 38.18% | 37.69% | 44.65% | 45.87% | +1,292 bps | |