PackageTrendsPeer
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Members First

Plymouth, MN · Charter 64845

NCUA · 3 branches

Q1 2018

$29.3MAssets
$21.6MLoans
$26.6MShares
$2.5MNet 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 -3.96%, down 451 bps year over year; NIM at 4.42%.
  • Asset quality: problem loans at 0.90% of loans (+36 bps YoY).
  • Capital: net worth / assets of 8.69%, down 84 bps from a year ago.
  • Funding: loans stand at 81.09% of shares as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

-3.96%-451 bps YoY

Net Interest Margin (YTD, annualized)

4.42%+10 bps YoY

Efficiency Ratio (YTD, annualized)

170.46%+8,312 bps YoY

Net Worth / Assets

8.69%-84 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.55%0.31%0.57%0.63%-3.96%-451 bps
Return on Equity5.82%3.25%5.89%6.44%-45.57%-5,139 bps
Net Interest Margin4.33%4.47%4.45%4.46%4.42%+10 bps
Efficiency Ratio87.34%87.75%84.53%84.74%170.46%+8,312 bps
Growth
Asset Growth (YoY)5.85%2.45%-0.76%5.11%3.22%-263 bps
Loan Growth (YoY)1.71%0.32%3.84%7.14%1.06%-65 bps
Share Growth (YoY)12.92%9.06%4.92%4.82%4.18%-875 bps
Asset Quality
Delinquent Loans / Loans0.54%0.40%0.31%1.48%0.90%+36 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.43%0.43%0.48%0.47%0.51%+8 bps
Capital
Risk-Based Capital9.53%9.59%9.67%9.83%8.69%-84 bps
Net Worth / Assets9.53%9.59%9.67%9.83%8.69%-84 bps
Liquidity & Funding
Loans / Shares83.59%88.31%84.95%84.35%81.09%-250 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps