PackageTrendsPeer
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Vickers & Associates

Clawson, MI · Charter 4445

Q4 1998

$3.7MAssets
$2.1MLoans
$2.9MShares
n/aNet 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 1.44%, down 83 bps year over year.
  • Asset quality: problem loans at 0.48% of loans (-106 bps YoY).
  • Funding: loans stand at 72.43% of shares as of Q4 1998.

Financial Results

Return on Assets (quarter, annualized)

1.44%-83 bps YoY

Net Interest Margin (quarter, annualized)

n/a

Efficiency Ratio (quarter, annualized)

n/a

Net Worth / Assets

n/a

Discrete quarter, annualized.

MetricQ4 1996Q2 1997Q4 1997Q2 1998Q4 1998YoY ΔTrend
Earnings
Return on Assets2.27%2.56%1.90%1.84%1.44%-83 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/a
Growth
Asset Growth (YoY)-14.22%-10.23%-12.93%-19.32%-14.13%+9 bps
Loan Growth (YoY)-0.92%-14.81%-3.71%4.41%3.42%+434 bps
Share Growth (YoY)-18.45%-13.42%-16.48%-22.95%-15.85%+260 bps
Asset Quality
Delinquent Loans / Loans1.54%1.80%0.72%0.35%0.48%-106 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.40%1.35%1.67%1.52%1.53%+14 bps
Capital
Risk-Based Capitaln/an/an/an/an/an/an/a
Net Worth / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Shares58.93%58.47%71.90%77.09%72.43%+1,350 bps
Liquid Assets / Assets31.71%29.00%15.22%11.33%6.28%-2,543 bps