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M.P.G.

Romeo, MI · Charter 62029

Q2 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2014, the quarter ended June 30, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

M.P.G.

Romeo, MI · Charter 62029

Q2 2014

$62.2MAssets
$27.3MLoans
$53.5MShares
$8.0MNet Worth

Executive Summary

  • Earnings: ROA of -0.82%, down 107 bps year over year; NIM at 2.50%.
  • Asset quality: problem loans at 0.55% of loans (+38 bps YoY).
  • Capital: net worth / assets of 12.84%, up 13 bps from a year ago.
  • Funding: loans stand at 51.05% of shares as of Q2 2014.

Return on Assets (YTD, annualized)

-0.82%-107 bps YoY

Net Interest Margin (YTD, annualized)

2.50%+2 bps YoY

Efficiency Ratio (YTD, annualized)

116.91%+2,825 bps YoY

Net Worth / Assets

12.84%+13 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets0.08%0.21%0.13%0.25%0.36%0.57%0.16%-0.82%-107 bps
Return on Equity0.61%1.56%1.01%1.94%2.62%4.05%1.20%-6.42%-836 bps
Net Interest Margin2.93%2.92%2.45%2.49%2.70%2.72%2.39%2.50%+2 bps
Efficiency Ratio95.13%91.73%92.72%88.66%86.98%86.69%96.40%116.91%+2,825 bps
Growth
Asset Growth (YoY)2.02%0.15%0.01%-0.81%-0.22%0.69%1.30%-1.02%-21 bps
Loan Growth (YoY)-8.23%-6.98%-6.07%-1.86%2.91%2.10%3.04%8.34%+1,020 bps
Share Growth (YoY)1.36%-0.56%-2.10%-1.85%-0.46%0.24%1.26%-0.31%+154 bps
Asset Quality
Delinquent Loans / Loans1.82%1.70%1.01%0.17%0.17%0.37%0.22%0.55%+38 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.16%1.15%0.99%1.05%1.11%0.83%0.77%0.78%-27 bps
Capital
Risk-Based Capital13.21%13.65%12.72%12.70%13.65%14.13%13.09%12.84%+13 bps
Net Worth / Assets13.21%13.65%12.72%12.70%13.65%14.13%13.09%12.84%+13 bps
Liquidity & Funding
Loans / Shares49.44%50.81%46.95%46.98%51.11%51.75%47.78%51.05%+407 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps