PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Federal Community

Cedar Rapids, IA · Charter 61655

Q1 2002

$47.5MAssets
$38.1MLoans
$42.2MShares
$5.3MNet 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 1.76%, up 71 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 0.29% of loans (-19 bps YoY).
  • Capital: net worth / assets of 11.11%, up 69 bps from a year ago.
  • Funding: loans stand at 90.24% of shares as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

1.76%+71 bps YoY

Net Interest Margin (YTD, annualized)

3.56%+10 bps YoY

Efficiency Ratio (YTD, annualized)

59.59%-1,388 bps YoY

Net Worth / Assets

11.11%+69 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets1.05%1.01%1.09%1.01%1.76%+71 bps
Return on Equity10.11%9.61%10.11%9.27%15.88%+577 bps
Net Interest Margin3.45%3.17%3.19%3.24%3.56%+10 bps
Efficiency Ratio73.47%74.13%72.80%73.69%59.59%-1,388 bps
Growth
Asset Growth (YoY)8.12%11.27%3.07%6.60%4.92%-320 bps
Loan Growth (YoY)3.20%6.18%5.25%5.46%9.63%+643 bps
Share Growth (YoY)8.70%12.84%2.66%14.77%12.49%+379 bps
Asset Quality
Delinquent Loans / Loans0.48%0.92%0.51%0.24%0.29%-19 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.07%0.95%0.83%0.78%0.78%-29 bps
Capital
Risk-Based Capital10.42%10.54%10.78%10.90%11.11%+69 bps
Net Worth / Assets10.42%10.54%10.78%10.90%11.11%+69 bps
Liquidity & Funding
Loans / Shares92.59%96.73%98.38%91.64%90.24%-235 bps
Liquid Assets / Assets9.88%9.86%10.77%10.66%7.00%-288 bps