Houston, TX · Charter 60521
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Houston, TX · Charter 60521
Q4 2003
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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.57% | 0.68% | 0.64% | 0.57% | 0.38% | -19 bps | |
| Return on Equity | 4.65% | 5.43% | 5.16% | 4.62% | 3.21% | -144 bps | |
| Net Interest Margin | 3.62% | 3.64% | 3.50% | 3.46% | 3.38% | -24 bps | |
| Efficiency Ratio | 77.54% | 78.44% | 77.06% | 78.73% | 79.39% | +185 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 12.03% | 7.12% | 7.04% | 6.65% | 6.53% | -550 bps | |
| Loan Growth (YoY) | -7.30% | -8.40% | -7.74% | -8.99% | -10.30% | -300 bps | |
| Share Growth (YoY) | 12.48% | 7.50% | 7.56% | 7.09% | 7.55% | -493 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.75% | 0.76% | 0.71% | 1.93% | 0.66% | -8 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.22% | 1.11% | 1.16% | 1.42% | 1.05% | -17 bps | |
| Capital | |||||||
| Risk-Based Capital | 12.33% | 12.51% | 12.43% | 12.37% | 11.96% | -37 bps | |
| Net Worth / Assets | 12.33% | 12.51% | 12.43% | 12.37% | 11.96% | -37 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 68.94% | 65.44% | 62.17% | 59.93% | 57.50% | -1,144 bps | |
| Liquid Assets / Assets | 35.98% | 37.33% | 41.43% | 41.60% | 42.12% | +614 bps | |