Rockford, IL · Charter 60649
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 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.
Rockford, IL · Charter 60649
Q1 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 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.69% | 0.00% | 0.46% | 0.46% | -0.48% | -117 bps | |
| Return on Equity | 3.39% | 0.00% | 2.14% | 2.14% | -2.20% | -559 bps | |
| Net Interest Margin | 5.48% | 0.00% | 5.36% | 5.32% | 4.52% | -96 bps | |
| Efficiency Ratio | 87.69% | n/a | 91.59% | 91.35% | 110.37% | +2,268 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -5.14% | -6.09% | -3.48% | -6.80% | -4.47% | +67 bps | |
| Loan Growth (YoY) | 20.08% | 28.68% | 42.16% | 30.07% | 22.38% | +230 bps | |
| Share Growth (YoY) | -7.60% | -8.69% | -5.79% | -9.34% | -6.13% | +147 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.25% | 0.00% | 0.00% | 1.08% | 0.83% | -42 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 3.11% | 2.74% | 2.61% | 2.44% | 2.27% | -84 bps | |
| Capital | |||||||
| Risk-Based Capital | 20.35% | 21.09% | 21.30% | 21.71% | 21.65% | +130 bps | |
| Net Worth / Assets | 20.35% | 21.09% | 21.30% | 21.71% | 21.65% | +130 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 56.58% | 66.40% | 71.33% | 68.31% | 73.77% | +1,719 bps | |
| Liquid Assets / Assets | 54.48% | 47.14% | 43.47% | 45.91% | 41.53% | -1,295 bps | |