PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Philadelphia Postal Workers

Philadelphia, PA · Charter 64897

Q3 2004

$3.3MAssets
$2.1MLoans
$2.9MShares
$372KNet 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 -1.98%, down 170 bps year over year; NIM at 5.61%.
  • Asset quality: problem loans at 2.55% of loans (-69 bps YoY).
  • Capital: net worth / assets of 11.29%, down 1,257 bps from a year ago.
  • Funding: loans stand at 73.78% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

-1.98%-170 bps YoY

Net Interest Margin (YTD, annualized)

5.61%+133 bps YoY

Efficiency Ratio (YTD, annualized)

131.29%+2,899 bps YoY

Net Worth / Assets

11.29%-1,257 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-0.27%-4.72%-1.92%0.03%-1.98%-170 bps
Return on Equity-1.15%-35.86%-15.64%0.26%-17.51%-1,636 bps
Net Interest Margin4.28%5.10%5.03%5.02%5.61%+133 bps
Efficiency Ratio102.30%163.30%130.10%99.73%131.29%+2,899 bps
Growth
Asset Growth (YoY)2.84%-15.12%-17.45%-16.87%-31.02%-3,386 bps
Loan Growth (YoY)-10.25%-6.78%-2.16%14.11%13.57%+2,382 bps
Share Growth (YoY)-10.25%-14.13%-17.67%-13.37%-18.52%-827 bps
Asset Quality
Delinquent Loans / Loans3.24%2.12%0.79%0.69%2.55%-69 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%1.63%2.06%1.71%1.55%+155 bps
Capital
Risk-Based Capital23.85%13.16%12.27%11.46%11.29%-1,257 bps
Net Worth / Assets23.85%13.16%12.27%11.46%11.29%-1,257 bps
Liquidity & Funding
Loans / Shares52.94%54.90%59.33%65.71%73.78%+2,085 bps
Liquid Assets / Assets22.78%18.76%15.20%18.09%32.35%+957 bps