PackageTrendsPeer
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Royal Oak Schools

Royal Oak, MI · Charter 61235

Q2 2005

$73.1MAssets
$24.8MLoans
$63.0MShares
$8.8MNet 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 -1.45%, down 233 bps year over year; NIM at 3.17%.
  • Asset quality: problem loans at 0.30% of loans (-11 bps YoY).
  • Capital: net worth / assets of 12.10%, down 88 bps from a year ago.
  • Funding: loans stand at 39.30% of shares as of Q2 2005.

Financial Results

Return on Assets (YTD, annualized)

-1.45%-233 bps YoY

Net Interest Margin (YTD, annualized)

3.17%-8 bps YoY

Efficiency Ratio (YTD, annualized)

134.20%+6,021 bps YoY

Net Worth / Assets

12.10%-88 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2004Q3 2004Q4 2004Q1 2005Q2 2005YoY ΔTrend
Earnings
Return on Assets0.88%0.86%0.83%0.83%-1.45%-233 bps
Return on Equity6.77%6.29%6.26%6.00%-11.98%-1,875 bps
Net Interest Margin3.25%3.24%3.14%3.17%3.17%-8 bps
Efficiency Ratio73.99%74.92%75.33%75.58%134.20%+6,021 bps
Growth
Asset Growth (YoY)0.14%0.43%2.32%0.48%-0.14%-28 bps
Loan Growth (YoY)0.85%3.42%-0.16%1.35%3.69%+285 bps
Share Growth (YoY)0.78%0.56%2.81%0.16%-0.95%-173 bps
Asset Quality
Delinquent Loans / Loans0.41%0.33%0.27%0.36%0.30%-11 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.77%0.67%0.61%0.61%0.41%-36 bps
Capital
Risk-Based Capital12.97%13.59%13.31%13.87%12.10%-88 bps
Net Worth / Assets12.97%13.59%13.31%13.87%12.10%-88 bps
Liquidity & Funding
Loans / Shares37.54%39.77%38.65%38.16%39.30%+176 bps
Liquid Assets / Assets34.94%37.15%36.16%42.80%47.33%+1,239 bps