PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Simpson Lee Employee's

Vicksburg, MI · Charter 62165

Q4 2000

$917KAssets
$625KLoans
$694KShares
$220KNet 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 0.77%, down 310 bps year over year; NIM at 5.31%.
  • Asset quality: problem loans at 2.73% of loans (-169 bps YoY).
  • Capital: net worth / assets of 23.93%.
  • Funding: loans stand at 90.01% of shares as of Q4 2000.

Financial Results

Return on Assets (YTD, annualized)

0.77%-310 bps YoY

Net Interest Margin (YTD, annualized)

5.31%

Efficiency Ratio (YTD, annualized)

85.60%

Net Worth / Assets

23.93%

Year to date, annualized, through each quarter.

MetricQ4 1998Q2 1999Q4 1999Q2 2000Q4 2000YoY ΔTrend
Earnings
Return on Assets3.87%4.05%0.78%0.86%0.77%-310 bps
Return on Equityn/an/an/an/a3.22%n/an/a
Net Interest Marginn/an/a4.56%5.38%5.31%n/a
Efficiency Ration/an/a83.15%73.33%85.60%n/a
Growth
Asset Growth (YoY)2.79%5.06%-4.54%-10.62%-6.44%-923 bps
Loan Growth (YoY)-16.59%-18.42%-16.89%2.20%5.31%+2,189 bps
Share Growth (YoY)1.21%4.72%-6.67%-14.32%-10.16%-1,137 bps
Asset Quality
Delinquent Loans / Loans4.43%2.75%4.50%4.90%2.73%-169 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.59%1.17%1.71%1.83%2.36%-123 bps
Capital
Risk-Based Capitaln/an/an/an/a23.93%n/an/a
Net Worth / Assetsn/an/an/an/a23.93%n/an/a
Liquidity & Funding
Loans / Shares76.79%67.01%69.91%94.25%90.01%+1,321 bps
Liquid Assets / Assets32.19%23.07%0.00%20.43%31.43%-76 bps