PackageTrendsPeer
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Greater Institutional A.M.E. Church

Chicago, IL · Charter 65433

Q2 2014

$62KAssets
$12KLoans
$54KShares
$8KNet 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 0.03%, up 2,170 bps year over year; NIM at 4.69%.
  • Asset quality: problem loans at 0.00% of loans (-537 bps YoY).
  • Capital: net worth / assets of 12.31%, up 789 bps from a year ago.
  • Funding: loans stand at 22.07% of shares as of Q2 2014.

Financial Results

Return on Assets (quarter, annualized)

0.03%+2,170 bps YoY

Net Interest Margin (quarter, annualized)

4.69%-547 bps YoY

Efficiency Ratio (quarter, annualized)

99.64%-57 bps YoY

Net Worth / Assets

12.31%+789 bps YoY

Discrete quarter, annualized.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets-21.67%-8.09%-3.60%2.79%0.03%+2,170 bps
Return on Equity-491%-88.24%-33.08%22.60%0.21%+49,107 bps
Net Interest Margin10.16%9.07%7.58%6.01%4.69%-547 bps
Efficiency Ratio100.21%64.46%63.60%72.13%99.64%-57 bps
Growth
Asset Growth (YoY)-14.39%-8.34%-8.21%-3.53%-6.80%+759 bps
Loan Growth (YoY)-27.48%-47.17%-61.05%-65.77%-73.06%-4,558 bps
Share Growth (YoY)-5.09%-2.50%-5.65%-12.26%-14.49%-940 bps
Asset Quality
Delinquent Loans / Loans5.37%0.00%0.00%0.00%0.00%-537 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans14.27%15.16%22.96%35.25%39.60%+2,533 bps
Capital
Risk-Based Capital4.41%9.17%10.89%12.34%12.31%+789 bps
Net Worth / Assets4.41%9.17%10.89%12.34%12.31%+789 bps
Liquidity & Funding
Loans / Shares70.06%57.20%44.26%36.41%22.07%-4,799 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps