Lansing, MI · Charter 61703
Q1 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2007, the quarter ended March 31, 2007, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Lansing, MI · Charter 61703
Q1 2007
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 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.06% | -0.02% | -0.08% | 0.17% | 0.90% | +196 bps | |
| Return on Equity | -8.61% | -0.16% | -0.65% | 1.30% | 6.85% | +1,546 bps | |
| Net Interest Margin | 4.57% | 4.65% | 4.90% | 4.99% | 5.18% | +61 bps | |
| Efficiency Ratio | 93.25% | 88.00% | 87.07% | 86.52% | 85.78% | -748 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -4.83% | -2.69% | -3.69% | -0.82% | -0.53% | +430 bps | |
| Loan Growth (YoY) | -1.48% | -1.13% | -6.45% | -6.55% | -2.39% | -91 bps | |
| Share Growth (YoY) | -1.65% | -3.29% | 0.30% | -1.25% | -1.47% | +18 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.70% | 3.39% | 2.60% | 3.13% | 1.97% | -173 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.73% | 1.73% | 0.66% | 0.66% | 0.60% | -112 bps | |
| Capital | |||||||
| Risk-Based Capital | 12.36% | 12.70% | 13.05% | 13.43% | 13.08% | +72 bps | |
| Net Worth / Assets | 12.36% | 12.70% | 13.05% | 13.43% | 13.08% | +72 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 73.86% | 74.78% | 77.09% | 77.64% | 73.17% | -69 bps | |
| Liquid Assets / Assets | 31.53% | 0.00% | 0.00% | 0.00% | 0.00% | -3,153 bps | |