PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Valley Council

Cincinnati, OH · Charter 63510

Q1 2013

$4.7MAssets
$2.8MLoans
$4.1MShares
$564KNet 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 0.17%, down 29 bps year over year; NIM at 3.03%.
  • Asset quality: problem loans at 0.65% of loans (+51 bps YoY).
  • Capital: net worth / assets of 11.96%, down 21 bps from a year ago.
  • Funding: loans stand at 68.14% of shares as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

0.17%-29 bps YoY

Net Interest Margin (YTD, annualized)

3.03%-60 bps YoY

Efficiency Ratio (YTD, annualized)

94.84%+661 bps YoY

Net Worth / Assets

11.96%-21 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.46%0.40%0.44%0.35%0.17%-29 bps
Return on Equity3.75%3.31%3.74%2.88%1.42%-233 bps
Net Interest Margin3.63%3.58%3.41%3.50%3.03%-60 bps
Efficiency Ratio88.23%89.44%87.86%90.53%94.84%+661 bps
Growth
Asset Growth (YoY)7.42%8.20%9.52%5.05%4.18%-324 bps
Loan Growth (YoY)3.68%-0.31%2.27%-7.83%-6.07%-976 bps
Share Growth (YoY)9.00%9.46%9.82%5.24%4.07%-493 bps
Asset Quality
Delinquent Loans / Loans0.14%0.00%0.00%0.00%0.65%+51 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.33%0.20%0.20%0.23%0.23%-10 bps
Capital
Risk-Based Capital12.17%12.09%11.73%12.20%11.96%-21 bps
Net Worth / Assets12.17%12.09%11.73%12.20%11.96%-21 bps
Liquidity & Funding
Loans / Shares75.49%72.72%71.54%69.14%68.14%-736 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps