Lansing, MI · Charter 61228
Q1 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2011, the quarter ended March 31, 2011, 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.
Lansing, MI · Charter 61228
Q1 2011
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 | Q3 2009 | Q4 2009 | Q1 2010 | Q3 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.64% | -1.52% | -0.25% | -0.22% | -11.64% | -1,001 bps | |
| Return on Equity | -22.94% | -21.61% | -3.66% | -3.05% | -269% | -24,568 bps | |
| Net Interest Margin | 3.59% | 3.73% | 3.83% | 4.17% | 3.97% | +39 bps | |
| Efficiency Ratio | 78.41% | 95.83% | 81.30% | 83.67% | 296% | +21,727 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.93% | 0.54% | -3.62% | -12.36% | -9.46% | -1,139 bps | |
| Loan Growth (YoY) | 2.50% | -2.16% | -8.07% | -12.22% | -18.70% | -2,119 bps | |
| Share Growth (YoY) | 6.67% | 2.45% | -3.20% | -11.79% | -6.21% | -1,288 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 4.06% | 1.82% | 3.05% | 3.15% | 2.37% | -169 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.90% | 2.08% | 2.21% | 2.03% | 2.27% | +38 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.14% | 7.01% | 6.78% | 7.26% | 4.33% | -280 bps | |
| Net Worth / Assets | 7.14% | 7.01% | 6.78% | 7.26% | 4.33% | -280 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 59.70% | 58.81% | 54.66% | 57.63% | 51.75% | -795 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |