PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Goodyear Employees

Houston, TX · Charter 60521

Q4 2003

$14.7MAssets
$7.3MLoans
$12.7MShares
$1.8MNet 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 0.38%, down 19 bps year over year; NIM at 3.38%.
  • Asset quality: problem loans at 0.66% of loans (-8 bps YoY).
  • Capital: net worth / assets of 11.96%, down 37 bps from a year ago.
  • Funding: loans stand at 57.50% of shares as of Q4 2003.

Financial Results

Return on Assets (quarter, annualized)

0.38%-19 bps YoY

Net Interest Margin (quarter, annualized)

3.38%-24 bps YoY

Efficiency Ratio (quarter, annualized)

79.39%+185 bps YoY

Net Worth / Assets

11.96%-37 bps YoY

Discrete quarter, annualized.

MetricQ4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets0.57%0.68%0.64%0.57%0.38%-19 bps
Return on Equity4.65%5.43%5.16%4.62%3.21%-144 bps
Net Interest Margin3.62%3.64%3.50%3.46%3.38%-24 bps
Efficiency Ratio77.54%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 / Loans0.75%0.76%0.71%1.93%0.66%-8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.22%1.11%1.16%1.42%1.05%-17 bps
Capital
Risk-Based Capital12.33%12.51%12.43%12.37%11.96%-37 bps
Net Worth / Assets12.33%12.51%12.43%12.37%11.96%-37 bps
Liquidity & Funding
Loans / Shares68.94%65.44%62.17%59.93%57.50%-1,144 bps
Liquid Assets / Assets35.98%37.33%41.43%41.60%42.12%+614 bps