West Des Moines, IA · Charter 63222
Q1 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2002, the quarter ended March 31, 2002, 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 63222
Q1 2002
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 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.51% | -0.24% | 0.15% | -0.02% | 1.15% | +63 bps | |
| Return on Equity | 9.16% | -4.58% | 2.66% | -0.40% | 16.99% | +782 bps | |
| Net Interest Margin | 4.30% | 4.11% | 4.29% | 4.57% | 6.54% | +224 bps | |
| Efficiency Ratio | 81.39% | 82.64% | 81.06% | 78.74% | 49.80% | -3,159 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 42.36% | 47.17% | 37.25% | 30.72% | -12.57% | -5,492 bps | |
| Loan Growth (YoY) | 25.67% | 26.44% | 24.61% | 21.36% | 15.05% | -1,062 bps | |
| Share Growth (YoY) | 45.56% | 55.15% | 45.16% | 37.62% | -17.50% | -6,306 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.96% | 0.72% | 0.95% | 1.23% | 1.43% | -54 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.92% | 1.12% | 1.01% | 1.26% | 1.08% | +17 bps | |
| Capital | |||||||
| Risk-Based Capital | 5.58% | 5.25% | 5.52% | 5.47% | 6.74% | +117 bps | |
| Net Worth / Assets | 5.58% | 5.25% | 5.52% | 5.47% | 6.74% | +117 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 75.51% | 81.82% | 86.57% | 87.62% | 105.30% | +2,979 bps | |
| Liquid Assets / Assets | 25.16% | 19.03% | 14.55% | 13.85% | 1.87% | -2,328 bps | |