PackageTrendsPeer
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NSP Go

Minneapolis, MN · Charter 64651

Q4 2001

$45.8MAssets
$34.1MLoans
$39.5MShares
$6.0MNet 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 0.61%, up 5 bps year over year; NIM at 4.07%.
  • Asset quality: problem loans at 0.13% of loans (-12 bps YoY).
  • Capital: net worth / assets of 13.04%.
  • Funding: loans stand at 86.20% of shares as of Q4 2001.

Financial Results

Return on Assets (quarter, annualized)

0.61%+5 bps YoY

Net Interest Margin (quarter, annualized)

4.07%+75 bps YoY

Efficiency Ratio (quarter, annualized)

84.37%+115 bps YoY

Net Worth / Assets

13.04%

Discrete quarter, annualized.

MetricQ4 1999Q2 2000Q4 2000Q2 2001Q4 2001YoY ΔTrend
Earnings
Return on Assets0.56%0.87%0.50%0.61%0.61%+5 bps
Return on Equityn/an/a3.88%4.80%4.66%n/a
Net Interest Margin3.32%3.81%3.89%4.03%4.07%+75 bps
Efficiency Ratio83.22%77.90%84.02%82.26%84.37%+115 bps
Growth
Asset Growth (YoY)33.71%44.50%42.83%43.90%17.25%-1,646 bps
Loan Growth (YoY)49.98%60.32%50.27%30.50%-2.92%-5,290 bps
Share Growth (YoY)31.05%37.72%42.08%42.50%17.57%-1,348 bps
Asset Quality
Delinquent Loans / Loans0.25%0.07%0.38%0.24%0.13%-12 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.41%0.29%0.30%0.29%0.34%-7 bps
Capital
Risk-Based Capitaln/an/a12.81%12.65%13.04%n/a
Net Worth / Assetsn/an/a12.81%12.65%13.04%n/a
Liquidity & Funding
Loans / Shares104.40%107.12%103.95%91.33%86.20%-1,820 bps
Liquid Assets / Assets1.65%3.72%6.99%15.69%18.44%+1,679 bps