PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Western Reserve

Wickliffe, OH · Charter 61508

Q3 2005

$4.9MAssets
$2.6MLoans
$4.3MShares
$552KNet 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 0.47%, up 47 bps year over year; NIM at 4.29%.
  • Asset quality: problem loans at 0.97% of loans (+64 bps YoY).
  • Capital: net worth / assets of 11.36%, down 3 bps from a year ago.
  • Funding: loans stand at 59.89% of shares as of Q3 2005.

Financial Results

Return on Assets (YTD, annualized)

0.47%+47 bps YoY

Net Interest Margin (YTD, annualized)

4.29%+17 bps YoY

Efficiency Ratio (YTD, annualized)

86.97%-496 bps YoY

Net Worth / Assets

11.36%-3 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets0.00%0.08%0.21%0.50%0.47%+47 bps
Return on Equity-0.04%0.63%1.85%4.33%4.10%+414 bps
Net Interest Margin4.12%4.33%4.16%4.38%4.29%+17 bps
Efficiency Ratio91.93%91.17%91.08%86.83%86.97%-496 bps
Growth
Asset Growth (YoY)-0.03%-1.53%1.54%-1.75%4.14%+416 bps
Loan Growth (YoY)-1.45%0.37%0.56%10.54%12.31%+1,376 bps
Share Growth (YoY)0.39%-1.81%1.56%-2.29%4.00%+362 bps
Asset Quality
Delinquent Loans / Loans0.33%0.29%0.57%0.23%0.97%+64 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.75%0.69%0.84%0.86%1.05%+31 bps
Capital
Risk-Based Capital11.39%11.90%11.44%11.65%11.36%-3 bps
Net Worth / Assets11.39%11.90%11.44%11.65%11.36%-3 bps
Liquidity & Funding
Loans / Shares55.46%59.06%58.08%61.63%59.89%+443 bps
Liquid Assets / Assets46.83%39.64%44.63%35.03%39.86%-696 bps