Troy, MI · Charter 62104
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Troy, MI · Charter 62104
Q3 2008
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.86% | -1.92% | -0.81% | -2.34% | -3.13% | -127 bps | |
| Return on Equity | -20.55% | -21.18% | -9.79% | -30.34% | -43.32% | -2,277 bps | |
| Net Interest Margin | 3.76% | 3.97% | 3.67% | 3.77% | 4.02% | +25 bps | |
| Efficiency Ratio | 87.54% | 96.85% | 60.57% | 77.93% | 97.86% | +1,031 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -6.85% | -11.12% | -5.94% | -5.66% | -8.93% | -209 bps | |
| Loan Growth (YoY) | -6.02% | -10.43% | -10.89% | -10.91% | -8.30% | -228 bps | |
| Share Growth (YoY) | -8.26% | -10.43% | -5.17% | -3.10% | -2.59% | +567 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.36% | 1.10% | 1.13% | 0.80% | 3.88% | +352 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.55% | 1.50% | 1.93% | 2.27% | 2.97% | +142 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.03% | 9.06% | 8.30% | 7.73% | 7.22% | -181 bps | |
| Net Worth / Assets | 9.03% | 9.06% | 8.30% | 7.73% | 7.22% | -181 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 86.88% | 85.29% | 76.10% | 77.95% | 81.78% | -509 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |