PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Southern Baptist

Brea, CA · Charter 60797

Q1 2006

$8.5MAssets
$3.3MLoans
$7.9MShares
$568KNet 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 -1.42%, down 156 bps year over year; NIM at 4.05%.
  • Asset quality: problem loans at 0.06% of loans (+6 bps YoY).
  • Capital: net worth / assets of 6.70%, up 6 bps from a year ago.
  • Funding: loans stand at 42.48% of shares as of Q1 2006.

Financial Results

Return on Assets (quarter, annualized)

-1.42%-156 bps YoY

Net Interest Margin (quarter, annualized)

4.05%-2 bps YoY

Efficiency Ratio (quarter, annualized)

132.50%+3,569 bps YoY

Net Worth / Assets

6.70%+6 bps YoY

Discrete quarter, annualized.

MetricQ1 2005Q2 2005Q3 2005Q4 2005Q1 2006YoY ΔTrend
Earnings
Return on Assets0.14%0.29%0.11%0.05%-1.42%-156 bps
Return on Equity2.16%4.45%1.73%0.74%-21.19%-2,334 bps
Net Interest Margin4.08%4.09%4.11%4.23%4.05%-2 bps
Efficiency Ratio96.82%92.92%93.51%95.82%132.50%+3,569 bps
Growth
Asset Growth (YoY)-1.17%1.25%-0.76%-1.96%-5.69%-452 bps
Loan Growth (YoY)-16.93%-15.20%-15.20%-11.47%-8.27%+866 bps
Share Growth (YoY)-1.34%1.17%-0.96%-1.71%-6.08%-474 bps
Asset Quality
Delinquent Loans / Loans0.00%0.56%0.34%0.61%0.06%+6 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.26%0.28%0.30%0.30%0.30%+4 bps
Capital
Risk-Based Capital6.64%6.60%6.57%6.95%6.70%+6 bps
Net Worth / Assets6.64%6.60%6.57%6.95%6.70%+6 bps
Liquidity & Funding
Loans / Shares43.50%43.26%40.84%41.41%42.48%-102 bps
Liquid Assets / Assets29.52%21.54%26.55%24.13%26.32%-321 bps