PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Midwest Truck

Worth, IL · Charter 65437

Q3 2006

$707KAssets
$360KLoans
$556KShares
$150KNet 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 0.46%, up 28 bps year over year; NIM at 4.71%.
  • Asset quality: problem loans at 0.00% of loans (-43 bps YoY).
  • Capital: net worth / assets of 21.25%, up 294 bps from a year ago.
  • Funding: loans stand at 64.70% of shares as of Q3 2006.

Financial Results

Return on Assets (quarter, annualized)

0.46%+28 bps YoY

Net Interest Margin (quarter, annualized)

4.71%+90 bps YoY

Efficiency Ratio (quarter, annualized)

90.37%-488 bps YoY

Net Worth / Assets

21.25%+294 bps YoY

Discrete quarter, annualized.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.18%0.16%0.33%0.64%0.46%+28 bps
Return on Equity1.00%0.87%1.78%3.35%2.16%+116 bps
Net Interest Margin3.80%3.83%3.94%4.43%4.71%+90 bps
Efficiency Ratio95.25%95.88%91.81%85.65%90.37%-488 bps
Growth
Asset Growth (YoY)-3.55%-3.89%-5.68%-7.84%-12.33%-878 bps
Loan Growth (YoY)-11.37%-12.41%3.10%-4.44%11.28%+2,265 bps
Share Growth (YoY)-4.49%-4.85%-7.32%-10.05%-15.65%-1,117 bps
Asset Quality
Delinquent Loans / Loans0.43%0.44%0.35%0.34%0.00%-43 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.14%2.20%1.84%1.93%1.93%-22 bps
Capital
Risk-Based Capital18.31%18.56%18.36%19.21%21.25%+294 bps
Net Worth / Assets18.31%18.56%18.36%19.21%21.25%+294 bps
Liquidity & Funding
Loans / Shares49.04%48.79%57.28%57.02%64.70%+1,566 bps
Liquid Assets / Assets58.84%59.31%52.23%0.00%0.00%-5,884 bps