PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Hawaii Pacific

Honolulu, HI · Charter 4676

NCUA · 2 branches

Q3 2019

$47.5MAssets
$28.0MLoans
$35.0MShares
$-465KNet 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 -13.29%, down 1,338 bps year over year; NIM at 3.08%.
  • Asset quality: problem loans at 1.72% of loans (+31 bps YoY), with net charge-offs at 0.94%.
  • Capital: net worth / assets of -0.98%, down 1,018 bps from a year ago.
  • Funding: loans stand at 79.97% of shares as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

-13.29%-1,338 bps YoY

Net Interest Margin (YTD, annualized)

3.08%-15 bps YoY

Efficiency Ratio (YTD, annualized)

419%+32,178 bps YoY

Net Worth / Assets

-0.98%-1,018 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.09%-0.05%-0.53%-0.10%-13.29%-1,338 bps
Return on Equity0.98%-0.49%-5.76%-1.08%n/an/a
Net Interest Margin3.23%3.31%3.13%3.23%3.08%-15 bps
Efficiency Ratio97.59%100.14%105.35%100.79%419%+32,178 bps
Growth
Asset Growth (YoY)-5.56%-9.10%-7.67%-6.94%1.07%+663 bps
Loan Growth (YoY)-0.14%-6.92%-7.28%-6.18%-7.72%-757 bps
Share Growth (YoY)-4.19%-7.68%-8.09%-9.41%-11.11%-691 bps
Asset Quality
Delinquent Loans / Loans1.41%2.51%0.83%0.22%1.72%+31 bps
Net Charge-Offs / Loans1.01%1.02%0.94%0.94%0.94%-7 bps
Allowance / Loans0.45%0.52%0.48%0.38%0.40%-5 bps
Capital
Risk-Based Capital9.20%9.42%9.16%9.33%-0.98%-1,018 bps
Net Worth / Assets9.20%9.42%9.16%9.33%-0.98%-1,018 bps
Liquidity & Funding
Loans / Shares77.04%79.64%77.22%78.94%79.97%+294 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps