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Pattern Makers

Ferndale, MI · Charter 63359

Q4 1998

$2.3MAssets
$1.3MLoans
$2.1MShares
n/aNet 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 1.70%, down 156 bps year over year.
  • Asset quality: problem loans at 1.75% of loans (+155 bps YoY).
  • Funding: loans stand at 64.64% of shares as of Q4 1998.

Financial Results

Return on Assets (quarter, annualized)

1.70%-156 bps YoY

Net Interest Margin (quarter, annualized)

n/a

Efficiency Ratio (quarter, annualized)

n/a

Net Worth / Assets

n/a

Discrete quarter, annualized.

MetricQ4 1996Q2 1997Q4 1997Q2 1998Q4 1998YoY ΔTrend
Earnings
Return on Assets3.26%2.40%2.62%1.63%1.70%-156 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/an/an/an/a
Efficiency Ration/an/an/an/an/an/an/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 / Loans0.20%0.36%1.20%0.53%1.75%+155 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.22%0.18%0.15%0.29%0.20%-2 bps
Capital
Risk-Based Capitaln/an/an/an/an/an/an/a
Net Worth / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Shares68.43%68.27%79.58%71.91%64.64%-379 bps
Liquid Assets / Assets34.35%29.19%24.66%30.38%36.79%+244 bps