PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Southwest

Grandville, MI · Charter 62025

Q2 1999

$1.4MAssets
$818KLoans
$1.2MShares
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 3.64%, up 56 bps year over year.
  • Asset quality: problem loans at 7.83% of loans (+527 bps YoY).
  • Funding: loans stand at 68.72% of shares as of Q2 1999.

Financial Results

Return on Assets (quarter, annualized)

3.64%+56 bps YoY

Net Interest Margin (quarter, annualized)

n/a

Efficiency Ratio (quarter, annualized)

n/a

Net Worth / Assets

n/a

Discrete quarter, annualized.

MetricQ2 1997Q4 1997Q2 1998Q4 1998Q2 1999YoY ΔTrend
Earnings
Return on Assets3.08%3.53%2.02%2.27%3.64%+56 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)-13.63%-10.16%-10.31%-7.59%-6.83%+680 bps
Loan Growth (YoY)-13.10%-7.80%-15.04%-21.20%-20.82%-771 bps
Share Growth (YoY)-11.23%-11.60%-12.44%-7.71%-9.01%+222 bps
Asset Quality
Delinquent Loans / Loans2.56%1.98%2.32%2.85%7.83%+527 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.39%0.66%1.06%1.82%2.32%+193 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 / Shares78.97%86.43%80.26%75.42%68.72%-1,024 bps
Liquid Assets / Assets26.44%22.58%24.69%34.25%39.42%+1,298 bps