Davie, FL · Charter 6601
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.
Davie, FL · Charter 6601
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 | -0.33% | -0.29% | -0.31% | -0.30% | -2.50% | -217 bps | |
| Return on Equity | -1.09% | -0.98% | -1.04% | -1.02% | -8.67% | -759 bps | |
| Net Interest Margin | 3.68% | 3.54% | 3.52% | 3.44% | 2.45% | -123 bps | |
| Efficiency Ratio | 107.56% | 106.80% | 107.17% | 107.03% | 162.50% | +5,494 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.59% | 0.88% | 1.44% | 5.16% | 1.89% | +249 bps | |
| Loan Growth (YoY) | 21.25% | 13.14% | 8.55% | 5.65% | 1.07% | -2,018 bps | |
| Share Growth (YoY) | -1.75% | 0.71% | 1.65% | 6.46% | 4.47% | +621 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.06% | 3.11% | 2.40% | 0.12% | 0.17% | -289 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.14% | 2.30% | 2.16% | 1.89% | 2.70% | +56 bps | |
| Capital | |||||||
| Risk-Based Capital | 30.18% | 29.54% | 29.63% | 29.24% | 28.77% | -140 bps | |
| Net Worth / Assets | 30.18% | 29.54% | 29.63% | 29.24% | 28.77% | -140 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 39.70% | 38.06% | 41.21% | 39.14% | 38.41% | -129 bps | |
| Liquid Assets / Assets | 43.68% | 47.88% | 25.33% | 24.27% | 31.20% | -1,248 bps | |