PackageTrendsPeer
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Blodgett

Grand Rapids, MI · Charter 62466

Q2 1999

$9.9MAssets
$6.7MLoans
$8.9MShares
n/aNet 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 3.49%, up 11 bps year over year.
  • Asset quality: problem loans at 1.27% of loans (+8 bps YoY).
  • Funding: loans stand at 75.38% of shares as of Q2 1999.

Financial Results

Return on Assets (YTD, annualized)

3.49%+11 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

MetricQ2 1997Q4 1997Q2 1998Q4 1998Q2 1999YoY ΔTrend
Earnings
Return on Assets3.39%3.15%3.86%3.70%3.49%+11 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/a
Growth
Asset Growth (YoY)12.44%25.69%37.98%49.88%39.01%+2,656 bps
Loan Growth (YoY)51.46%86.82%80.31%75.25%63.84%+1,238 bps
Share Growth (YoY)9.90%23.63%38.31%51.42%39.57%+2,967 bps
Asset Quality
Delinquent Loans / Loans1.19%0.77%0.57%0.29%1.27%+8 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.25%0.91%0.72%0.62%0.53%-72 bps
Capital
Risk-Based Capitaln/an/an/an/an/an/an/a
Net Worth / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Shares64.21%71.31%68.46%71.26%75.38%+1,116 bps
Liquid Assets / Assets30.99%24.65%25.82%21.43%27.78%-321 bps