West Des Moines, IA · Charter 62857
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
West Des Moines, IA · Charter 62857
Q1 2014
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 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.28% | 0.44% | 0.38% | 0.25% | 0.21% | -7 bps | |
| Return on Equity | 1.97% | 3.13% | 2.63% | 1.76% | 1.41% | -56 bps | |
| Net Interest Margin | 2.42% | 2.39% | 2.41% | 2.33% | 2.29% | -14 bps | |
| Efficiency Ratio | 88.56% | 81.58% | 84.31% | 89.45% | 90.94% | +238 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.59% | 5.15% | 2.00% | 5.83% | -2.86% | -344 bps | |
| Loan Growth (YoY) | -9.35% | -9.59% | 2.03% | 7.98% | 10.20% | +1,955 bps | |
| Share Growth (YoY) | 0.21% | 5.65% | 1.85% | 6.53% | -3.60% | -381 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.34% | 0.07% | 0.22% | 0.20% | 0.50% | +15 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 5.38% | 5.35% | 4.84% | 4.80% | 4.88% | -50 bps | |
| Capital | |||||||
| Risk-Based Capital | 14.23% | 14.19% | 14.49% | 14.20% | 14.89% | +66 bps | |
| Net Worth / Assets | 14.23% | 14.19% | 14.49% | 14.20% | 14.89% | +66 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 22.08% | 21.90% | 24.69% | 24.37% | 25.24% | +316 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |