PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wisconsin Lutheran H.S. Conference

Milwaukee, WI · Charter 66661

Q3 2008

$710KAssets
$326KLoans
$618KShares
$90KNet 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 0.06%, down 1 bps year over year; NIM at 3.27%.
  • Asset quality: problem loans at 2.57% of loans (-204 bps YoY).
  • Capital: net worth / assets of 12.70%, up 21 bps from a year ago.
  • Funding: loans stand at 52.79% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

0.06%-1 bps YoY

Net Interest Margin (YTD, annualized)

3.27%+7 bps YoY

Efficiency Ratio (YTD, annualized)

98.22%+41 bps YoY

Net Worth / Assets

12.70%+21 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.07%0.14%0.07%0.06%0.06%-1 bps
Return on Equity0.57%1.12%0.54%0.46%0.46%-11 bps
Net Interest Margin3.20%3.32%3.42%3.42%3.27%+7 bps
Efficiency Ratio97.81%95.75%97.93%98.25%98.22%+41 bps
Growth
Asset Growth (YoY)-9.33%-6.04%-9.38%-4.15%-0.95%+838 bps
Loan Growth (YoY)-3.18%-4.17%-5.72%-17.79%-15.75%-1,257 bps
Share Growth (YoY)-10.89%-7.15%-10.78%-4.57%-0.64%+1,025 bps
Asset Quality
Delinquent Loans / Loans4.61%6.35%2.95%4.79%2.57%-204 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.94%2.01%2.13%2.24%2.30%+36 bps
Capital
Risk-Based Capital12.49%12.73%13.14%13.11%12.70%+21 bps
Net Worth / Assets12.49%12.73%13.14%13.11%12.70%+21 bps
Liquidity & Funding
Loans / Shares62.26%60.75%59.30%56.31%52.79%-947 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps