PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Valley Gas Employees

Jackson, MS · Charter 60762

NCUA · 1 branch

Q1 2017

$5.9MAssets
$850KLoans
$4.4MShares
$1.5MNet 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 -0.04%, up 20 bps year over year; NIM at 1.85%.
  • Asset quality: problem loans at 0.16% of loans (+4 bps YoY).
  • Capital: net worth / assets of 25.56%, up 178 bps from a year ago.
  • Funding: loans stand at 19.37% of shares as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

-0.04%+20 bps YoY

Net Interest Margin (YTD, annualized)

1.85%+12 bps YoY

Efficiency Ratio (YTD, annualized)

103.68%-346 bps YoY

Net Worth / Assets

25.56%+178 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets-0.24%-0.16%-0.10%-0.08%-0.04%+20 bps
Return on Equity-1.01%-0.66%-0.40%-0.33%-0.16%+84 bps
Net Interest Margin1.74%1.77%1.80%1.84%1.85%+12 bps
Efficiency Ratio107.14%103.88%102.04%102.22%103.68%-346 bps
Growth
Asset Growth (YoY)-6.30%-4.11%-3.92%-7.06%-5.31%+99 bps
Loan Growth (YoY)7.33%1.67%-1.38%0.33%-9.52%-1,685 bps
Share Growth (YoY)-8.17%-5.90%-5.55%-9.58%-7.49%+67 bps
Asset Quality
Delinquent Loans / Loans0.11%0.00%0.00%0.00%0.16%+4 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.61%0.62%0.63%0.58%0.58%-3 bps
Capital
Risk-Based Capital23.78%24.60%24.82%25.47%25.56%+178 bps
Net Worth / Assets23.78%24.60%24.82%25.47%25.56%+178 bps
Liquidity & Funding
Loans / Shares19.80%20.24%20.22%20.80%19.37%-43 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps