Midland, MI · Charter 61321
Q4 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.02% | 0.00% | -0.55% | -0.41% | -0.60% | -62 bps | |
| Return on Equity | 0.28% | 0.01% | -7.65% | -5.61% | -8.42% | -870 bps | |
| Net Interest Margin | 4.58% | 4.04% | 4.14% | 4.21% | 4.21% | -37 bps | |
| Efficiency Ratio | 82.64% | 88.16% | 85.60% | 84.41% | 87.06% | +442 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -1.39% | -5.96% | -11.33% | -8.48% | -6.48% | -509 bps | |
| Loan Growth (YoY) | -27.55% | -28.76% | -27.64% | -25.80% | -25.51% | +204 bps | |
| Share Growth (YoY) | 0.04% | -6.15% | -11.56% | -8.56% | -6.92% | -696 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 4.38% | 4.73% | 4.13% | 4.64% | 5.27% | +89 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.83% | 2.95% | 3.61% | 3.93% | 4.10% | +127 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.19% | 7.30% | 7.26% | 7.35% | 7.10% | -10 bps | |
| Net Worth / Assets | 7.19% | 7.30% | 7.26% | 7.35% | 7.10% | -10 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 49.53% | 45.77% | 43.34% | 42.22% | 39.64% | -989 bps | |
| Liquid Assets / Assets | 32.62% | 31.86% | 26.38% | 24.46% | 29.84% | -278 bps | |