Battle Creek, MI · Charter 61754
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.
Battle Creek, MI · Charter 61754
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 | 0.48% | 0.27% | 0.25% | -3.61% | 0.14% | -34 bps | |
| Return on Equity | 2.64% | 1.47% | 1.30% | -23.30% | 0.98% | -166 bps | |
| Net Interest Margin | 3.94% | 3.99% | 4.19% | 4.34% | 4.03% | +9 bps | |
| Efficiency Ratio | 83.89% | 89.72% | 89.88% | 300% | 90.75% | +686 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -12.64% | -11.19% | -10.90% | -6.10% | 0.37% | +1,300 bps | |
| Loan Growth (YoY) | 16.63% | 21.61% | 11.90% | 6.46% | -1.54% | -1,817 bps | |
| Share Growth (YoY) | -15.48% | -12.58% | -13.50% | -7.86% | 3.56% | +1,904 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.32% | 2.65% | 5.24% | 4.03% | 3.76% | +144 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.78% | 1.22% | 1.22% | 1.41% | 1.48% | -31 bps | |
| Capital | |||||||
| Risk-Based Capital | 18.29% | 18.45% | 19.21% | 15.49% | 14.72% | -357 bps | |
| Net Worth / Assets | 18.29% | 18.45% | 19.21% | 15.49% | 14.72% | -357 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 67.36% | 71.51% | 73.85% | 73.23% | 64.04% | -332 bps | |
| Liquid Assets / Assets | 25.81% | 0.00% | 0.00% | 0.00% | 0.00% | -2,581 bps | |