PackageTrendsPeer
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Point Plus

Stevens Point, WI · Charter 66749

Q4 2008

$38.6MAssets
$31.2MLoans
$31.7MShares
$5.6MNet 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 0.04%, down 70 bps year over year; NIM at 4.67%.
  • Asset quality: problem loans at 1.43% of loans (-11 bps YoY).
  • Capital: net worth / assets of 14.51%, down 132 bps from a year ago.
  • Funding: loans stand at 98.49% of shares as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

0.04%-70 bps YoY

Net Interest Margin (YTD, annualized)

4.67%+46 bps YoY

Efficiency Ratio (YTD, annualized)

96.32%+1,099 bps YoY

Net Worth / Assets

14.51%-132 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.75%1.38%0.97%0.88%0.04%-70 bps
Return on Equity4.72%9.20%6.53%5.89%0.30%-442 bps
Net Interest Margin4.21%4.57%4.48%4.54%4.67%+46 bps
Efficiency Ratio85.33%74.69%80.05%82.53%96.32%+1,099 bps
Growth
Asset Growth (YoY)4.32%9.89%9.47%11.14%9.45%+513 bps
Loan Growth (YoY)7.78%9.40%5.04%9.48%4.52%-326 bps
Share Growth (YoY)2.54%6.89%7.25%5.78%9.22%+669 bps
Asset Quality
Delinquent Loans / Loans1.54%0.72%1.08%1.26%1.43%-11 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.42%0.45%0.51%0.46%0.55%+13 bps
Capital
Risk-Based Capital15.83%15.04%14.82%14.93%14.51%-132 bps
Net Worth / Assets15.83%15.04%14.82%14.93%14.51%-132 bps
Liquidity & Funding
Loans / Shares102.92%98.34%92.18%99.79%98.49%-443 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps