PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Electrical Workers of #601

Champaign, IL · Charter 60197

Q2 2008

$3.3MAssets
$2.6MLoans
$3.3MShares
$-55KNet 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 -13.46%, down 1,556 bps year over year; NIM at 2.32%.
  • Asset quality: problem loans at 4.33% of loans (-50 bps YoY).
  • Capital: net worth / assets of -1.65%, down 1,043 bps from a year ago.
  • Funding: loans stand at 77.58% of shares as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

-13.46%-1,556 bps YoY

Net Interest Margin (YTD, annualized)

2.32%-227 bps YoY

Efficiency Ratio (YTD, annualized)

569%+51,097 bps YoY

Net Worth / Assets

-1.65%-1,043 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets2.11%-0.60%1.46%-23.38%-13.46%-1,556 bps
Return on Equity23.99%-7.80%28.49%n/an/an/a
Net Interest Margin4.59%3.64%9.47%2.03%2.32%-227 bps
Efficiency Ratio58.04%73.99%85.83%809%569%+51,097 bps
Growth
Asset Growth (YoY)34.84%16.60%1.37%22.36%10.83%-2,401 bps
Loan Growth (YoY)5.35%2.28%8.06%13.87%9.42%+407 bps
Share Growth (YoY)47.94%18.42%4.66%27.97%20.51%-2,743 bps
Asset Quality
Delinquent Loans / Loans4.82%2.27%5.20%6.89%4.33%-50 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.72%0.69%1.37%1.44%1.42%+70 bps
Capital
Risk-Based Capital8.78%7.67%5.12%-0.98%-1.65%-1,043 bps
Net Worth / Assets8.78%7.67%5.12%-0.98%-1.65%-1,043 bps
Liquidity & Funding
Loans / Shares85.45%76.37%85.26%73.54%77.58%-787 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps