Riverview, MI · Charter 62209
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
Riverview, MI · Charter 62209
Q1 2003
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 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.51% | 0.38% | 0.19% | 0.53% | -1.29% | -180 bps | |
| Return on Equity | 5.16% | 4.05% | 1.89% | 5.14% | -13.48% | -1,864 bps | |
| Net Interest Margin | 3.61% | 3.28% | 3.72% | 3.79% | 3.18% | -43 bps | |
| Efficiency Ratio | 82.31% | 88.57% | 87.01% | 70.26% | 88.43% | +612 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -1.10% | 7.84% | 2.65% | -6.64% | -2.47% | -137 bps | |
| Loan Growth (YoY) | 5.34% | 21.41% | 9.41% | 5.09% | 4.43% | -91 bps | |
| Share Growth (YoY) | -2.32% | 8.09% | 3.91% | -6.55% | -0.93% | +139 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 6.64% | 6.17% | 4.33% | 4.14% | 1.45% | -519 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.34% | 0.55% | 0.08% | 0.00% | 0.32% | -102 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.81% | 9.44% | 10.12% | 10.21% | 9.56% | -25 bps | |
| Net Worth / Assets | 9.81% | 9.44% | 10.12% | 10.21% | 9.56% | -25 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 54.33% | 56.95% | 59.82% | 61.24% | 57.28% | +294 bps | |
| Liquid Assets / Assets | 50.61% | 48.06% | 42.72% | 14.10% | 44.78% | -584 bps | |