Warren, MI · Charter 61472
Q2 2004
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.07% | -0.24% | -0.17% | 0.36% | -1.39% | -146 bps | |
| Return on Equity | 0.46% | -1.46% | -1.02% | 2.19% | -8.47% | -893 bps | |
| Net Interest Margin | 3.62% | 3.86% | 3.84% | 3.80% | 3.59% | -3 bps | |
| Efficiency Ratio | 89.76% | 98.61% | 98.44% | 85.71% | 126.94% | +3,718 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 8.51% | 0.75% | -2.25% | -0.67% | -12.70% | -2,122 bps | |
| Loan Growth (YoY) | -9.76% | -13.15% | -17.85% | -16.60% | -18.89% | -913 bps | |
| Share Growth (YoY) | 10.03% | 0.67% | -3.35% | -0.50% | -13.83% | -2,387 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.21% | 1.25% | 2.09% | 0.78% | 0.09% | -112 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.81% | 0.81% | 0.59% | 0.54% | 0.00% | -81 bps | |
| Capital | |||||||
| Risk-Based Capital | 15.14% | 16.23% | 16.36% | 16.32% | 16.44% | +130 bps | |
| Net Worth / Assets | 15.14% | 16.23% | 16.36% | 16.32% | 16.44% | +130 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 39.09% | 42.21% | 41.03% | 38.35% | 36.79% | -229 bps | |
| Liquid Assets / Assets | 21.35% | 16.28% | 18.31% | 34.08% | 30.80% | +945 bps | |