PackageTrendsPeer
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Huron River Area

Ann Arbor, MI · Charter 62465

Q3 2007

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: Q3 2007, the quarter ended September 30, 2007, 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

Huron River Area

Ann Arbor, MI · Charter 62465

Q3 2007

$254.6MAssets
$297.8MLoans
$223.6MShares
$-29770KNet Worth

Executive Summary

  • Earnings: ROA of -30.97%, down 3,258 bps year over year; NIM at 3.38%.
  • Asset quality: problem loans at 24.56% of loans (+2,336 bps YoY).
  • Capital: net worth / assets of -11.69%, down 2,316 bps from a year ago.
  • Funding: loans stand at 133.16% of shares as of Q3 2007.

Return on Assets (YTD, annualized)

-30.97%-3,258 bps YoY

Net Interest Margin (YTD, annualized)

3.38%+35 bps YoY

Efficiency Ratio (YTD, annualized)

69.28%+1,084 bps YoY

Net Worth / Assets

-11.69%-2,316 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets1.66%1.86%1.71%1.61%1.45%1.46%-43.93%-30.97%-3,258 bps
Return on Equity11.68%13.48%13.89%14.05%12.80%12.45%n/an/an/a
Net Interest Margin3.37%3.70%3.30%3.03%2.99%3.37%4.14%3.38%+35 bps
Efficiency Ratio61.73%60.99%59.77%58.44%59.54%57.81%62.46%69.28%+1,084 bps
Growth
Asset Growth (YoY)18.07%24.16%44.47%46.45%44.03%34.62%-13.99%-27.01%-7,346 bps
Loan Growth (YoY)76.58%89.62%106.42%88.72%56.22%41.90%20.87%0.64%-8,808 bps
Share Growth (YoY)2.01%13.40%18.92%18.41%35.52%26.52%8.91%5.26%-1,315 bps
Asset Quality
Delinquent Loans / Loans1.54%1.25%1.22%1.20%1.60%3.43%11.94%24.56%+2,336 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.39%0.34%0.25%0.21%0.27%0.32%23.31%24.15%+2,394 bps
Capital
Risk-Based Capital14.20%13.80%12.31%11.47%11.32%11.73%-10.99%-11.69%-2,316 bps
Net Worth / Assets14.20%13.80%12.31%11.47%11.32%11.73%-10.99%-11.69%-2,316 bps
Liquidity & Funding
Loans / Shares106.15%106.65%122.40%139.28%122.36%119.62%135.84%133.16%-612 bps
Liquid Assets / Assets7.27%3.68%0.00%0.00%0.00%0.00%0.00%0.00%0 bps