PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Motorists Insurance Employees

Columbus, OH · Charter 61550

Q2 2011

$3.6MAssets
$1.1MLoans
$3.2MShares
$302KNet 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 -1.98%, down 152 bps year over year; NIM at 2.81%.
  • Asset quality: problem loans at 2.52% of loans (-9 bps YoY).
  • Capital: net worth / assets of 8.50%, down 159 bps from a year ago.
  • Funding: loans stand at 33.32% of shares as of Q2 2011.

Financial Results

Return on Assets (YTD, annualized)

-1.98%-152 bps YoY

Net Interest Margin (YTD, annualized)

2.81%-108 bps YoY

Efficiency Ratio (YTD, annualized)

156.96%+7,083 bps YoY

Net Worth / Assets

8.50%-159 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q3 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets-0.46%-1.23%-0.96%-1.77%-1.98%-152 bps
Return on Equity-4.60%-12.37%-10.44%-20.24%-23.32%-1,872 bps
Net Interest Margin3.89%3.30%3.07%2.77%2.81%-108 bps
Efficiency Ratio86.13%130.28%120.16%151.20%156.96%+7,083 bps
Growth
Asset Growth (YoY)0.44%-7.29%-3.71%-4.20%-5.79%-624 bps
Loan Growth (YoY)1.13%-6.61%-17.72%-24.92%-17.92%-1,904 bps
Share Growth (YoY)1.08%-7.94%-5.67%-5.31%-4.48%-555 bps
Asset Quality
Delinquent Loans / Loans2.61%0.71%0.82%2.45%2.52%-9 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.72%0.86%0.93%1.03%0.99%+27 bps
Capital
Risk-Based Capital10.08%9.95%9.19%8.73%8.50%-159 bps
Net Worth / Assets10.08%9.95%9.19%8.73%8.50%-159 bps
Liquidity & Funding
Loans / Shares38.78%37.22%34.02%31.90%33.32%-546 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps