Grand Rapids, MI · Charter 62874
Q2 2001
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2001, the quarter ended June 30, 2001, 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.
Grand Rapids, MI · Charter 62874
Q2 2001
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 | Q2 2000 | Q3 2000 | Q4 2000 | Q1 2001 | Q2 2001 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.19% | 1.13% | 1.14% | 1.06% | 0.99% | -19 bps | |
| Return on Equity | n/a | n/a | 11.13% | 10.96% | 10.45% | n/a | |
| Net Interest Margin | 5.05% | 5.02% | 4.92% | 4.71% | 4.60% | -45 bps | |
| Efficiency Ratio | 69.32% | 70.13% | 69.75% | 70.19% | 70.96% | +164 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 44.14% | 37.76% | 12.24% | 15.13% | 18.41% | -2,573 bps | |
| Loan Growth (YoY) | 40.02% | 36.83% | 10.17% | 8.31% | 12.83% | -2,719 bps | |
| Share Growth (YoY) | 49.19% | 38.31% | 12.95% | 15.05% | 17.69% | -3,150 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.53% | 0.47% | 0.67% | 0.54% | 0.55% | +2 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.12% | 1.12% | 1.23% | 1.30% | 1.28% | +16 bps | |
| Capital | |||||||
| Risk-Based Capital | n/a | n/a | 10.28% | 9.67% | 9.52% | n/a | |
| Net Worth / Assets | n/a | n/a | 10.28% | 9.67% | 9.52% | n/a | |
| Liquidity & Funding | |||||||
| Loans / Shares | 100.87% | 102.95% | 102.52% | 93.36% | 96.70% | -417 bps | |
| Liquid Assets / Assets | 4.49% | 0.00% | 3.59% | 11.47% | 9.60% | +511 bps | |