PackageTrendsPeer
Letter portraitLegal landscape

Municipal Employees CU of San Jose

San Jose, CA · Charter 64820

Q4 2012

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2012, the quarter ended December 31, 2012, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Municipal Employees CU of San Jose

San Jose, CA · Charter 64820

Q4 2012

$139.7MAssets
$62.0MLoans
$128.7MShares
$11.0MNet 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 -0.27%, down 13 bps year over year; NIM at 2.93%.
  • Asset quality: problem loans at 0.38% of loans (-59 bps YoY).
  • Capital: net worth / assets of 7.85%, down 37 bps from a year ago.
  • Funding: loans stand at 48.19% of shares as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

-0.27%-13 bps YoY

Net Interest Margin (YTD, annualized)

2.93%-8 bps YoY

Efficiency Ratio (YTD, annualized)

90.39%-16 bps YoY

Net Worth / Assets

7.85%-37 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets-0.14%-0.23%-0.13%-0.39%-0.27%-13 bps
Return on Equity-1.73%-2.81%-1.62%-4.92%-3.49%-176 bps
Net Interest Margin3.01%3.00%2.92%2.94%2.93%-8 bps
Efficiency Ratio90.55%88.28%90.04%90.08%90.39%-16 bps
Growth
Asset Growth (YoY)6.70%6.44%5.78%2.90%1.15%-555 bps
Loan Growth (YoY)-2.09%-0.77%0.07%1.21%0.57%+265 bps
Share Growth (YoY)7.92%7.11%6.64%3.61%1.79%-613 bps
Asset Quality
Delinquent Loans / Loans0.97%0.91%0.74%0.72%0.38%-59 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.29%1.35%1.30%1.57%1.38%+9 bps
Capital
Risk-Based Capital8.22%8.03%8.00%7.86%7.85%-37 bps
Net Worth / Assets8.22%8.03%8.00%7.86%7.85%-37 bps
Liquidity & Funding
Loans / Shares48.78%47.24%47.97%48.64%48.19%-59 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps