PackageTrendsPeer
Letter portraitLegal landscape

Lapeer County School Employees'

Lapeer, MI · Charter 62163

Q4 2012

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: Q4 2012, the quarter ended December 31, 2012, 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

Lapeer County School Employees'

Lapeer, MI · Charter 62163

Q4 2012

$25.4MAssets
$5.3MLoans
$22.1MShares
$3.2MNet 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 -1.31%, down 141 bps year over year; NIM at 1.26%.
  • Asset quality: problem loans at 0.62% of loans (+26 bps YoY).
  • Capital: net worth / assets of 12.53%, down 102 bps from a year ago.
  • Funding: loans stand at 23.90% of shares as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

-1.31%-141 bps YoY

Net Interest Margin (YTD, annualized)

1.26%-12 bps YoY

Efficiency Ratio (YTD, annualized)

204%+11,060 bps YoY

Net Worth / Assets

12.53%-102 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets0.10%0.21%0.19%0.25%-1.31%-141 bps
Return on Equity0.71%1.62%1.45%1.84%-10.49%-1,120 bps
Net Interest Margin1.38%1.26%1.21%1.27%1.26%-12 bps
Efficiency Ratio93.06%83.13%84.40%80.80%204%+11,060 bps
Growth
Asset Growth (YoY)-3.36%-0.93%2.37%2.71%-2.11%+125 bps
Loan Growth (YoY)-8.98%-2.14%-1.02%3.21%3.14%+1,212 bps
Share Growth (YoY)-3.86%-1.10%2.78%2.95%-1.10%+277 bps
Asset Quality
Delinquent Loans / Loans0.36%0.19%0.46%0.60%0.62%+26 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.98%0.83%0.45%0.44%0.45%-53 bps
Capital
Risk-Based Capital13.55%13.18%13.10%13.37%12.53%-102 bps
Net Worth / Assets13.55%13.18%13.10%13.37%12.53%-102 bps
Liquidity & Funding
Loans / Shares22.92%21.76%22.09%23.32%23.90%+98 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps