Ludington, MI · Charter 62286
Q2 2011
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 2009 | Q1 2010 | Q3 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.24% | -2.02% | -1.70% | -0.45% | -24.62% | -2,338 bps | |
| Return on Equity | -4.61% | -8.00% | -6.56% | -1.71% | -167.70% | -16,309 bps | |
| Net Interest Margin | 2.79% | 2.02% | 2.18% | 2.66% | -17.51% | -2,030 bps | |
| Efficiency Ratio | 105.75% | 162.19% | 154.34% | 116.11% | n/a | n/a | |
| Growth | |||||||
| Asset Growth (YoY) | -0.28% | 4.29% | -2.65% | -4.70% | -3.51% | -323 bps | |
| Loan Growth (YoY) | -0.44% | -7.92% | -28.09% | -39.19% | -41.65% | -4,121 bps | |
| Share Growth (YoY) | 0.48% | 7.05% | -1.40% | -4.97% | 11.27% | +1,079 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 4.31% | 4.34% | 4.70% | 1.44% | 0.00% | -431 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 5.09% | 6.11% | 5.15% | 4.10% | 2.51% | -258 bps | |
| Capital | |||||||
| Risk-Based Capital | 26.90% | 25.21% | 25.88% | 26.23% | 14.68% | -1,222 bps | |
| Net Worth / Assets | 26.90% | 25.21% | 25.88% | 26.23% | 14.68% | -1,222 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 62.99% | 54.17% | 48.35% | 40.76% | 33.03% | -2,996 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |