Farmington, NM · Charter 66111
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 30, 2003, 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.
Farmington, NM · Charter 66111
Q2 2003
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -1.33% | -0.73% | -0.44% | 1.03% | -3.70% | -237 bps | |
| Return on Equity | -21.52% | -11.25% | -6.06% | 14.98% | -73.11% | -5,159 bps | |
| Net Interest Margin | 6.00% | 6.27% | 7.04% | 6.73% | 7.34% | +133 bps | |
| Efficiency Ratio | 114.08% | 106.46% | 102.13% | 86.07% | 95.09% | -1,898 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.67% | 8.54% | -17.67% | -19.03% | -6.87% | -320 bps | |
| Loan Growth (YoY) | -3.63% | 6.97% | 11.59% | -10.26% | -7.85% | -421 bps | |
| Share Growth (YoY) | 4.25% | 15.52% | -15.73% | -18.60% | -4.84% | -909 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 1.06% | 2.08% | 4.15% | 4.09% | +409 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.97% | 0.59% | 0.39% | 0.67% | 2.85% | +188 bps | |
| Capital | |||||||
| Risk-Based Capital | 6.16% | 6.49% | 7.24% | 6.91% | 5.06% | -110 bps | |
| Net Worth / Assets | 6.16% | 6.49% | 7.24% | 6.91% | 5.06% | -110 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 88.12% | 87.28% | 91.47% | 81.69% | 85.34% | -279 bps | |
| Liquid Assets / Assets | 7.78% | 8.62% | 5.54% | 12.10% | 10.49% | +271 bps | |