PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rocky Mountain Employees

Englewood, CO · Charter 65049

Q3 2003

$4.5MAssets
$1.7MLoans
$4.0MShares
$518KNet 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 0.05%, up 112 bps year over year; NIM at 3.72%.
  • Asset quality: problem loans at 1.15% of loans (+76 bps YoY).
  • Capital: net worth / assets of 11.58%, up 27 bps from a year ago.
  • Funding: loans stand at 43.72% of shares as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

0.05%+112 bps YoY

Net Interest Margin (YTD, annualized)

3.72%+92 bps YoY

Efficiency Ratio (YTD, annualized)

96.98%-3,831 bps YoY

Net Worth / Assets

11.58%+27 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets-1.07%0.15%0.06%0.22%0.05%+112 bps
Return on Equity-9.49%1.31%0.49%1.86%0.40%+989 bps
Net Interest Margin2.80%4.02%3.67%3.99%3.72%+92 bps
Efficiency Ratio135.28%96.43%98.57%93.11%96.98%-3,831 bps
Growth
Asset Growth (YoY)11.87%-5.35%-0.68%-11.14%-0.88%-1,275 bps
Loan Growth (YoY)-5.87%-1.78%-1.83%0.38%-14.25%-838 bps
Share Growth (YoY)13.75%-6.36%-0.81%-12.29%-1.17%-1,492 bps
Asset Quality
Delinquent Loans / Loans0.38%0.26%0.12%0.00%1.15%+76 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.98%0.74%0.52%0.48%0.40%-58 bps
Capital
Risk-Based Capital11.30%11.71%11.27%12.03%11.58%+27 bps
Net Worth / Assets11.30%11.71%11.27%12.03%11.58%+27 bps
Liquidity & Funding
Loans / Shares50.39%49.49%44.56%49.79%43.72%-667 bps
Liquid Assets / Assets35.42%39.04%41.95%36.58%44.25%+883 bps