Rockford, IL · Charter 65681
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Rockford, IL · Charter 65681
Q1 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.60% | 0.20% | 0.07% | 0.10% | -0.36% | -96 bps | |
| Return on Equity | 1.95% | 0.67% | 0.23% | 0.29% | -1.06% | -301 bps | |
| Net Interest Margin | 4.73% | 4.10% | 4.04% | 4.30% | 3.56% | -117 bps | |
| Efficiency Ratio | 80.73% | 91.38% | 93.63% | 94.17% | 109.93% | +2,920 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.44% | 1.72% | 1.17% | -1.62% | -9.05% | -1,449 bps | |
| Loan Growth (YoY) | -15.53% | -10.45% | -22.65% | -23.17% | -21.91% | -638 bps | |
| Share Growth (YoY) | 9.30% | 2.42% | 1.84% | -2.54% | -12.84% | -2,215 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.99% | 1.06% | 0.55% | 0.45% | 0.99% | 0 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.87% | 1.77% | 2.07% | 2.46% | 2.47% | +60 bps | |
| Capital | |||||||
| Risk-Based Capital | 30.74% | 30.03% | 30.53% | 33.24% | 33.64% | +290 bps | |
| Net Worth / Assets | 30.74% | 30.03% | 30.53% | 33.24% | 33.64% | +290 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 46.78% | 41.79% | 40.05% | 42.87% | 41.91% | -487 bps | |
| Liquid Assets / Assets | 66.30% | 69.34% | 46.78% | 45.81% | 21.87% | -4,443 bps | |