Battle Creek, MI · Charter 62130
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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 62130
Q2 2004
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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.01% | 0.04% | 0.09% | 0.01% | -0.21% | -20 bps | |
| Return on Equity | -0.09% | 0.40% | 0.84% | 0.10% | -2.00% | -191 bps | |
| Net Interest Margin | 4.52% | 4.81% | 4.92% | 4.31% | 4.28% | -24 bps | |
| Efficiency Ratio | 100.17% | 99.26% | 98.46% | 99.81% | 103.88% | +371 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 2.23% | -0.92% | 3.96% | 0.52% | -0.09% | -232 bps | |
| Loan Growth (YoY) | -0.58% | -5.69% | -8.68% | -13.77% | -16.45% | -1,586 bps | |
| Share Growth (YoY) | 3.18% | 0.08% | 6.21% | 0.57% | 0.26% | -292 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.59% | 1.39% | 1.34% | 1.69% | 1.14% | -46 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.42% | 0.39% | 0.42% | 0.45% | 0.46% | +5 bps | |
| Capital | |||||||
| Risk-Based Capital | 10.27% | 10.77% | 10.89% | 10.29% | 10.27% | 0 bps | |
| Net Worth / Assets | 10.27% | 10.77% | 10.89% | 10.29% | 10.27% | 0 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 70.31% | 72.20% | 69.39% | 60.20% | 58.59% | -1,172 bps | |
| Liquid Assets / Assets | 28.21% | 27.69% | 31.07% | 38.89% | 33.15% | +495 bps | |