Ferndale, MI · Charter 63359
Q4 1998
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 1998, the quarter ended December 31, 1998, 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.
Ferndale, MI · Charter 63359
Q4 1998
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 | Q4 1996 | Q2 1997 | Q4 1997 | Q2 1998 | Q4 1998 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 3.26% | 2.40% | 2.62% | 1.63% | 1.70% | -156 bps | |
| Return on Equity | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Interest Margin | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Efficiency Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Growth | |||||||
| Asset Growth (YoY) | -23.58% | -21.13% | -27.27% | -22.20% | -11.16% | +1,242 bps | |
| Loan Growth (YoY) | -16.18% | -24.96% | -12.71% | -12.11% | -16.30% | -12 bps | |
| Share Growth (YoY) | -25.89% | -23.07% | -29.49% | -23.96% | -11.39% | +1,450 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.20% | 0.36% | 1.20% | 0.53% | 1.75% | +155 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.22% | 0.18% | 0.15% | 0.29% | 0.20% | -2 bps | |
| Capital | |||||||
| Risk-Based Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Worth / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | |||||||
| Loans / Shares | 68.43% | 68.27% | 79.58% | 71.91% | 64.64% | -379 bps | |
| Liquid Assets / Assets | 34.35% | 29.19% | 24.66% | 30.38% | 36.79% | +244 bps | |