Lansing, MI · Charter 60249
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Lansing, MI · Charter 60249
Q1 2010
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 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.84% | 0.70% | 0.41% | 0.35% | -0.13% | +71 bps | |
| Return on Equity | -10.83% | 8.60% | 5.00% | 4.32% | -1.66% | +917 bps | |
| Net Interest Margin | 3.76% | 3.64% | 3.76% | 3.70% | 3.65% | -11 bps | |
| Efficiency Ratio | 72.99% | 65.51% | 68.01% | 68.48% | 80.08% | +708 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 3.15% | 4.64% | 2.49% | 6.00% | 4.58% | +143 bps | |
| Loan Growth (YoY) | 6.96% | 2.70% | 0.13% | -3.12% | -7.93% | -1,490 bps | |
| Share Growth (YoY) | 2.19% | 3.53% | 5.33% | 8.11% | 6.68% | +449 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.68% | 1.74% | 1.87% | 2.09% | 1.92% | +24 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.48% | 1.67% | 1.81% | 1.89% | 1.97% | +50 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.77% | 8.12% | 8.27% | 8.15% | 7.87% | +10 bps | |
| Net Worth / Assets | 7.77% | 8.12% | 8.27% | 8.15% | 7.87% | +10 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 99.83% | 94.18% | 96.04% | 91.28% | 86.16% | -1,367 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |