PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Des Moines County Postal

Burlington, IA · Charter 64480

NCUA · 1 branch

Q2 2018

$2.1MAssets
$1.6MLoans
$1.6MShares
$482KNet 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 0.90%, up 23 bps year over year; NIM at 4.23%.
  • Asset quality: problem loans at 0.00% of loans (-30 bps YoY).
  • Capital: net worth / assets of 22.85%, up 205 bps from a year ago.
  • Funding: loans stand at 99.82% of shares as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

0.90%+23 bps YoY

Net Interest Margin (YTD, annualized)

4.23%+50 bps YoY

Efficiency Ratio (YTD, annualized)

78.84%-327 bps YoY

Net Worth / Assets

22.85%+205 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.67%0.87%-0.04%1.18%0.90%+23 bps
Return on Equity3.21%3.88%-0.16%5.36%3.92%+71 bps
Net Interest Margin3.74%3.99%3.70%4.09%4.23%+50 bps
Efficiency Ratio82.11%78.24%100.95%71.08%78.84%-327 bps
Growth
Asset Growth (YoY)-3.81%-8.25%-10.35%-8.69%-8.79%-498 bps
Loan Growth (YoY)-2.12%-4.66%9.28%-0.05%4.48%+659 bps
Share Growth (YoY)-4.91%-10.56%-12.86%-10.95%-11.17%-626 bps
Asset Quality
Delinquent Loans / Loans0.30%0.00%1.03%1.61%0.00%-30 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.04%1.05%0.99%1.02%1.03%-1 bps
Capital
Risk-Based Capital20.80%22.42%21.80%22.05%22.85%+205 bps
Net Worth / Assets20.80%22.42%21.80%22.05%22.85%+205 bps
Liquidity & Funding
Loans / Shares84.87%90.72%99.71%96.62%99.82%+1,494 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps