PackageTrendsPeer
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Cal State 9

Berkeley, CA · Charter 64449

Q2 2008

$102.8MAssets
$60.3MLoans
$216.9MShares
$-217492KNet 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 -377.17%, down 37,313 bps year over year; NIM at -1.49%.
  • Asset quality: problem loans at 4.57% of loans (-224 bps YoY).
  • Capital: net worth / assets of -211.56%, down 21,800 bps from a year ago.
  • Funding: loans stand at 27.79% of shares as of Q2 2008.

Financial Results

Return on Assets (quarter, annualized)

-377%-37,313 bps YoY

Net Interest Margin (quarter, annualized)

-1.49%-624 bps YoY

Efficiency Ratio (quarter, annualized)

n/a

Net Worth / Assets

-212%-21,800 bps YoY

Discrete quarter, annualized.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets-4.04%-15.75%-18.18%-74.40%-377%-37,313 bps
Return on Equity-62.70%n/an/an/an/an/a
Net Interest Margin4.75%5.29%5.48%2.16%-1.49%-624 bps
Efficiency Ratio43.90%53.51%58.62%127.40%n/an/a
Growth
Asset Growth (YoY)16.32%-8.22%-22.10%-38.46%-77.12%-9,344 bps
Loan Growth (YoY)24.21%2.72%-3.06%-16.54%-84.42%-10,863 bps
Share Growth (YoY)21.69%8.95%-27.14%-33.51%-42.91%-6,460 bps
Asset Quality
Delinquent Loans / Loans6.81%7.31%13.81%20.13%4.57%-224 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.89%9.84%13.03%25.24%3.37%-52 bps
Capital
Risk-Based Capital6.44%-2.03%-6.97%-26.88%-212%-21,800 bps
Net Worth / Assets6.44%-2.03%-6.97%-26.88%-212%-21,800 bps
Liquidity & Funding
Loans / Shares101.79%91.07%119.67%124.36%27.79%-7,401 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps