PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Government Employees

Mason City, IA · Charter 64090

Q3 2012

$4.3MAssets
$1.9MLoans
$3.6MShares
$762KNet 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 -0.25%, up 52 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.16% of loans (-23 bps YoY).
  • Capital: net worth / assets of 17.57%, down 107 bps from a year ago.
  • Funding: loans stand at 52.69% of shares as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

-0.25%+52 bps YoY

Net Interest Margin (quarter, annualized)

3.00%0 bps YoY

Efficiency Ratio (quarter, annualized)

105.75%-1,215 bps YoY

Net Worth / Assets

17.57%-107 bps YoY

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets-0.77%-0.48%-0.33%-0.14%-0.25%+52 bps
Return on Equity-4.13%-2.65%-1.90%-0.78%-1.40%+272 bps
Net Interest Margin3.00%3.08%3.28%3.08%3.00%0 bps
Efficiency Ratio117.90%111.17%107.47%103.16%105.75%-1,215 bps
Growth
Asset Growth (YoY)1.87%5.64%4.04%3.63%5.40%+353 bps
Loan Growth (YoY)-3.92%-5.46%-1.80%0.37%6.73%+1,066 bps
Share Growth (YoY)3.34%7.37%5.48%4.84%6.73%+339 bps
Asset Quality
Delinquent Loans / Loans0.40%0.15%0.03%0.00%0.16%-23 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.36%0.34%0.35%0.35%0.34%-2 bps
Capital
Risk-Based Capital18.63%18.23%17.38%17.75%17.57%-107 bps
Net Worth / Assets18.63%18.23%17.38%17.75%17.57%-107 bps
Liquidity & Funding
Loans / Shares52.69%53.56%49.56%51.94%52.69%0 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps