Magna, UT · Charter 61259
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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.
Magna, UT · Charter 61259
Q4 2002
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 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.81% | 0.02% | 0.61% | 0.79% | 1.01% | -80 bps | |
| Return on Equity | 13.60% | 0.18% | 4.91% | 6.33% | 7.92% | -568 bps | |
| Net Interest Margin | 3.78% | 3.54% | 3.82% | 3.90% | 3.98% | +20 bps | |
| Efficiency Ratio | 58.52% | 76.62% | 70.14% | 69.85% | 66.33% | +781 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 40.71% | 43.53% | 38.31% | 35.67% | 13.76% | -2,696 bps | |
| Loan Growth (YoY) | 29.03% | 32.34% | 36.91% | 40.17% | 22.20% | -683 bps | |
| Share Growth (YoY) | 43.74% | 46.95% | 41.24% | 38.32% | 14.49% | -2,926 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.30% | 1.20% | 0.92% | 1.05% | 0.97% | -32 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.09% | 1.24% | 1.18% | 1.18% | 1.24% | +15 bps | |
| Capital | |||||||
| Risk-Based Capital | 13.32% | 12.34% | 12.44% | 12.54% | 12.74% | -58 bps | |
| Net Worth / Assets | 13.32% | 12.34% | 12.44% | 12.54% | 12.74% | -58 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 87.75% | 81.93% | 87.65% | 92.67% | 93.67% | +592 bps | |
| Liquid Assets / Assets | 10.74% | 16.80% | 11.28% | 9.98% | 9.79% | -94 bps | |