PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

U P & L Ogden Credit Union

Ogden, UT · Charter 67044

Q3 2002

$3.9MAssets
$1.8MLoans
$3.5MShares
$393KNet 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 0.03%, down 10 bps year over year; NIM at 2.08%.
  • Asset quality: problem loans at 2.14% of loans (+172 bps YoY).
  • Capital: net worth / assets of 10.16%, down 173 bps from a year ago.
  • Funding: loans stand at 52.89% of shares as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

0.03%-10 bps YoY

Net Interest Margin (YTD, annualized)

2.08%-85 bps YoY

Efficiency Ratio (YTD, annualized)

98.75%+303 bps YoY

Net Worth / Assets

10.16%-173 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2000Q2 2001Q4 2001Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.13%0.14%0.31%0.04%0.03%-10 bps
Return on Equity1.09%1.21%2.62%0.31%0.27%-83 bps
Net Interest Margin2.94%3.00%2.84%2.44%2.08%-85 bps
Efficiency Ratio95.71%95.46%89.59%98.60%98.75%+303 bps
Growth
Asset Growth (YoY)-1.12%-4.96%-2.42%0.68%18.28%+1,940 bps
Loan Growth (YoY)-1.30%0.78%1.01%-14.21%-21.66%-2,037 bps
Share Growth (YoY)-1.27%-5.76%-2.53%1.24%21.61%+2,288 bps
Asset Quality
Delinquent Loans / Loans0.43%0.37%0.08%2.14%2.14%+172 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.90%0.86%0.88%1.03%1.07%+17 bps
Capital
Risk-Based Capital11.89%11.63%11.69%11.49%10.16%-173 bps
Net Worth / Assets11.89%11.63%11.69%11.49%10.16%-173 bps
Liquidity & Funding
Loans / Shares82.10%78.09%75.54%63.45%52.89%-2,922 bps
Liquid Assets / Assets26.73%30.32%32.59%43.14%51.33%+2,460 bps