Waterford, MI · Charter 60236
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Waterford, MI · Charter 60236
Q1 2005
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 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.06% | 0.02% | 0.03% | 0.07% | -20.04% | -1,998 bps | |
| Return on Equity | -0.47% | 0.17% | 0.23% | 0.54% | -254% | -25,387 bps | |
| Net Interest Margin | 3.78% | 3.78% | 3.88% | 3.97% | -5.14% | -892 bps | |
| Efficiency Ratio | 101.14% | 101.06% | 100.43% | 99.42% | n/a | n/a | |
| Growth | |||||||
| Asset Growth (YoY) | -6.88% | -6.43% | -0.81% | -1.89% | -0.30% | +658 bps | |
| Loan Growth (YoY) | 3.94% | 9.27% | 9.52% | 4.05% | 0.84% | -310 bps | |
| Share Growth (YoY) | -8.04% | -7.17% | -1.55% | -2.08% | 2.96% | +1,100 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.53% | 0.38% | 0.48% | 0.78% | 1.07% | +54 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.41% | 0.25% | 0.19% | 0.18% | 0.47% | +6 bps | |
| Capital | |||||||
| Risk-Based Capital | 12.75% | 12.73% | 12.98% | 13.05% | 7.88% | -487 bps | |
| Net Worth / Assets | 12.75% | 12.73% | 12.98% | 13.05% | 7.88% | -487 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 75.93% | 78.62% | 84.16% | 82.82% | 74.37% | -157 bps | |
| Liquid Assets / Assets | 16.72% | 12.83% | 7.82% | 12.33% | 17.56% | +84 bps | |