PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Taupa Lithuanian

Cleveland, OH · Charter 66822

Q1 2013

$23.6MAssets
$7.4MLoans
$21.2MShares
$2.4MNet 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 0.47%, down 9 bps year over year; NIM at 1.82%.
  • Asset quality: problem loans at 0.78% of loans (+14 bps YoY).
  • Capital: net worth / assets of 10.31%, up 50 bps from a year ago.
  • Funding: loans stand at 34.93% of shares as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

0.47%-9 bps YoY

Net Interest Margin (YTD, annualized)

1.82%-31 bps YoY

Efficiency Ratio (YTD, annualized)

78.68%+106 bps YoY

Net Worth / Assets

10.31%+50 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.56%0.57%0.50%0.48%0.47%-9 bps
Return on Equity5.73%5.80%5.30%5.72%4.54%-119 bps
Net Interest Margin2.12%2.04%1.94%1.68%1.82%-31 bps
Efficiency Ratio77.62%75.96%77.27%75.33%78.68%+106 bps
Growth
Asset Growth (YoY)-7.17%-0.82%4.79%7.69%0.56%+773 bps
Loan Growth (YoY)-12.90%-14.16%-13.65%-14.20%-16.02%-312 bps
Share Growth (YoY)-8.34%-1.31%4.49%8.05%0.00%+834 bps
Asset Quality
Delinquent Loans / Loans0.64%1.64%0.11%0.79%0.78%+14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.58%1.05%1.16%1.30%1.34%-24 bps
Capital
Risk-Based Capital9.81%9.78%9.53%8.42%10.31%+50 bps
Net Worth / Assets9.81%9.78%9.53%8.42%10.31%+50 bps
Liquidity & Funding
Loans / Shares41.59%39.55%36.34%29.30%34.93%-666 bps
Liquid Assets / Assets0.00%0.00%0.00%95.51%0.00%0 bps