Muscle Shoals, AL · Charter 64595
Q4 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2006, the quarter ended December 31, 2006, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Muscle Shoals, AL · Charter 64595
Q4 2006
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.27% | 0.07% | 0.16% | -0.19% | -5.71% | -598 bps | |
| Return on Equity | 1.86% | 0.46% | 0.92% | -0.97% | -40.00% | -4,186 bps | |
| Net Interest Margin | 1.89% | 1.95% | 2.18% | 2.19% | -3.32% | -522 bps | |
| Efficiency Ratio | 85.98% | 96.27% | 92.79% | 108.65% | n/a | n/a | |
| Growth | |||||||
| Asset Growth (YoY) | 3.31% | -7.59% | -15.20% | -26.26% | -28.11% | -3,141 bps | |
| Loan Growth (YoY) | -5.29% | -7.69% | -17.59% | -18.27% | -11.27% | -598 bps | |
| Share Growth (YoY) | 3.61% | -9.22% | -17.92% | -30.85% | -28.00% | -3,161 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.23% | 0.00% | 0.00% | 0.00% | 1.27% | +4 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.07% | 1.14% | 1.20% | 1.21% | 1.21% | +14 bps | |
| Capital | |||||||
| Risk-Based Capital | 14.37% | 15.92% | 17.10% | 19.67% | 14.28% | -9 bps | |
| Net Worth / Assets | 14.37% | 15.92% | 17.10% | 19.67% | 14.28% | -9 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 34.68% | 37.06% | 37.96% | 45.71% | 42.74% | +806 bps | |
| Liquid Assets / Assets | 27.45% | 9.49% | 0.00% | 0.00% | 0.00% | -2,745 bps | |