PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Trigon Mutual Employees' CU, Inc.

Richmond, VA · Charter 66918

Q2 2007

$10.5MAssets
$6.0MLoans
$9.0MShares
$1.5MNet 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 0.52%, down 3 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 1.16% of loans (-81 bps YoY).
  • Capital: net worth / assets of 13.90%, up 140 bps from a year ago.
  • Funding: loans stand at 66.96% of shares as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

0.52%-3 bps YoY

Net Interest Margin (YTD, annualized)

4.24%-22 bps YoY

Efficiency Ratio (YTD, annualized)

89.19%+872 bps YoY

Net Worth / Assets

13.90%+140 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets0.55%0.88%0.74%0.39%0.52%-3 bps
Return on Equity4.39%6.39%5.17%2.88%3.73%-66 bps
Net Interest Margin4.47%4.94%4.79%4.17%4.24%-22 bps
Efficiency Ratio80.47%78.91%82.10%92.89%89.19%+872 bps
Growth
Asset Growth (YoY)-6.99%-8.44%-4.62%-5.71%-4.64%+234 bps
Loan Growth (YoY)-1.34%1.07%1.54%-0.51%4.11%+546 bps
Share Growth (YoY)-8.55%-10.46%-6.11%-7.23%-6.02%+254 bps
Asset Quality
Delinquent Loans / Loans1.97%1.72%1.98%1.20%1.16%-81 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.83%0.87%0.73%0.81%0.81%-2 bps
Capital
Risk-Based Capital12.50%13.72%14.31%13.64%13.90%+140 bps
Net Worth / Assets12.50%13.72%14.31%13.64%13.90%+140 bps
Liquidity & Funding
Loans / Shares60.45%67.53%68.45%62.22%66.96%+651 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps