Lansing, MI · Charter 65573
Q4 2005
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.08% | -1.39% | -0.81% | -0.52% | -0.49% | -57 bps | |
| Return on Equity | 0.91% | -17.47% | -10.03% | -6.16% | -5.86% | -676 bps | |
| Net Interest Margin | 3.60% | 3.40% | 3.41% | 3.78% | 3.75% | +15 bps | |
| Efficiency Ratio | 92.22% | 104.21% | 98.39% | 94.20% | 94.91% | +268 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.41% | -2.22% | -2.65% | -3.32% | -4.53% | -112 bps | |
| Loan Growth (YoY) | -6.41% | -7.66% | -16.31% | -14.59% | -17.35% | -1,094 bps | |
| Share Growth (YoY) | -3.81% | -2.05% | -2.46% | -2.04% | -4.02% | -20 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.18% | 1.09% | 0.83% | 1.09% | 0.42% | -176 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.96% | 1.01% | 0.81% | 1.23% | 1.10% | +13 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.46% | 7.96% | 8.09% | 8.47% | 8.37% | -9 bps | |
| Net Worth / Assets | 8.46% | 7.96% | 8.09% | 8.47% | 8.37% | -9 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 53.22% | 50.95% | 47.93% | 49.16% | 45.83% | -740 bps | |
| Liquid Assets / Assets | 25.58% | 28.41% | 27.97% | 27.52% | 35.94% | +1,036 bps | |