PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Plastic Workers

Leonidas, MI · Charter 61891

Q2 1998

$487KAssets
$312KLoans
$371KShares
n/aNet 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 1.47%, down 155 bps year over year.
  • Asset quality: problem loans at 2.29% of loans (+41 bps YoY).
  • Funding: loans stand at 83.96% of shares as of Q2 1998.

Financial Results

Return on Assets (quarter, annualized)

1.47%-155 bps YoY

Net Interest Margin (quarter, annualized)

n/a

Efficiency Ratio (quarter, annualized)

n/a

Net Worth / Assets

n/a

Discrete quarter, annualized.

MetricQ2 1996Q4 1996Q2 1997Q4 1997Q2 1998YoY ΔTrend
Earnings
Return on Assets3.02%2.58%1.67%2.09%1.47%-155 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/a
Growth
Asset Growth (YoY)-2.69%3.71%15.17%-8.98%-21.76%-1,908 bps
Loan Growth (YoY)-15.73%-24.27%-13.99%-17.55%-25.18%-945 bps
Share Growth (YoY)-4.44%4.09%18.09%-12.22%-25.80%-2,136 bps
Asset Quality
Delinquent Loans / Loans1.89%2.75%3.78%4.35%2.29%+41 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.83%0.99%1.18%0.97%4.07%+324 bps
Capital
Risk-Based Capitaln/an/an/an/an/an/an/a
Net Worth / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Shares83.27%74.95%78.11%88.99%83.96%+69 bps
Liquid Assets / Assets10.16%24.95%25.24%22.90%36.20%+2,604 bps