PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Family Community

Burton, MI · Charter 62560

Q4 2014

$38.7MAssets
$10.9MLoans
$34.8MShares
$3.7MNet 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 -0.88%, up 6 bps year over year; NIM at 1.92%.
  • Asset quality: problem loans at 0.62% of loans (+17 bps YoY).
  • Capital: net worth / assets of 9.53%, down 111 bps from a year ago.
  • Funding: loans stand at 31.16% of shares as of Q4 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.88%+6 bps YoY

Net Interest Margin (YTD, annualized)

1.92%+5 bps YoY

Efficiency Ratio (YTD, annualized)

123.59%-39 bps YoY

Net Worth / Assets

9.53%-111 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets-0.94%-0.99%-0.80%-0.80%-0.88%+6 bps
Return on Equity-8.84%-10.14%-8.23%-8.17%-9.24%-39 bps
Net Interest Margin1.87%1.76%1.82%1.89%1.92%+5 bps
Efficiency Ratio123.98%127.00%122.08%122.71%123.59%-39 bps
Growth
Asset Growth (YoY)2.35%3.58%3.73%3.33%2.17%-17 bps
Loan Growth (YoY)-1.30%-2.50%-5.35%-5.67%-8.70%-741 bps
Share Growth (YoY)4.15%5.61%5.63%4.81%3.40%-75 bps
Asset Quality
Delinquent Loans / Loans0.45%0.29%0.32%0.32%0.62%+17 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.50%0.54%0.54%0.56%0.72%+21 bps
Capital
Risk-Based Capital10.64%9.80%9.73%9.75%9.53%-111 bps
Net Worth / Assets10.64%9.80%9.73%9.75%9.53%-111 bps
Liquidity & Funding
Loans / Shares35.29%32.01%31.87%32.22%31.16%-413 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps