PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Waukegan Municipal Employees

Waukegan, IL · Charter 66016

NCUA · 2 branches

Q3 2019

$1.2MAssets
$1.0MLoans
$1.0MShares
$157KNet 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 0.01%, down 82 bps year over year; NIM at 4.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 13.13%, down 9 bps from a year ago.
  • Funding: loans stand at 100.02% of shares as of Q3 2019.

Financial Results

Return on Assets (quarter, annualized)

0.01%-82 bps YoY

Net Interest Margin (quarter, annualized)

4.15%-38 bps YoY

Efficiency Ratio (quarter, annualized)

99.83%+1,777 bps YoY

Net Worth / Assets

13.13%-9 bps YoY

Discrete quarter, annualized.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.82%0.00%0.29%0.02%0.01%-82 bps
Return on Equity6.23%0.02%2.55%0.14%0.05%-618 bps
Net Interest Margin4.53%3.96%3.63%3.93%4.15%-38 bps
Efficiency Ratio82.06%99.95%92.11%99.56%99.83%+1,777 bps
Growth
Asset Growth (YoY)11.89%26.97%21.88%-7.34%-3.46%-1,535 bps
Loan Growth (YoY)1.53%-3.93%4.37%-6.19%4.01%+247 bps
Share Growth (YoY)13.44%31.84%25.97%-7.70%-3.17%-1,661 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.43%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.41%0.53%0.57%0.61%0.56%+16 bps
Capital
Risk-Based Capital13.23%11.51%11.41%12.83%13.13%-9 bps
Net Worth / Assets13.23%11.51%11.41%12.83%13.13%-9 bps
Liquidity & Funding
Loans / Shares93.12%78.76%79.44%89.00%100.02%+690 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps