Dearborn, MI · Charter 6570
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Dearborn, MI · Charter 6570
Q4 2008
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 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.67% | 1.80% | 1.78% | 1.89% | 0.73% | +6 bps | |
| Return on Equity | 4.96% | 13.61% | 13.10% | 13.28% | 5.84% | +88 bps | |
| Net Interest Margin | 2.10% | 2.94% | 3.08% | 3.24% | 2.19% | +9 bps | |
| Efficiency Ratio | 71.70% | 52.16% | 51.49% | 49.68% | 63.20% | -850 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.74% | 7.46% | 5.98% | 8.73% | 14.60% | +886 bps | |
| Loan Growth (YoY) | -3.01% | -2.44% | -1.03% | -0.12% | 0.44% | +344 bps | |
| Share Growth (YoY) | 6.30% | 5.15% | 3.91% | 8.32% | 15.71% | +941 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.43% | 0.31% | 0.24% | 0.43% | 0.57% | +14 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.65% | 0.68% | 0.72% | 0.81% | 1.01% | +36 bps | |
| Capital | |||||||
| Risk-Based Capital | 13.55% | 13.24% | 13.60% | 14.24% | 12.56% | -99 bps | |
| Net Worth / Assets | 13.55% | 13.24% | 13.60% | 14.24% | 12.56% | -99 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 68.89% | 63.93% | 63.67% | 65.06% | 59.80% | -910 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |