PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Chevron West

Salt Lake Cy, UT · Charter 67072

Q3 2013

$80.7MAssets
$35.6MLoans
$69.5MShares
$11.2MNet 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 0.65%, up 4 bps year over year; NIM at 2.54%.
  • Asset quality: problem loans at 0.08% of loans (-26 bps YoY).
  • Capital: net worth / assets of 13.89%, up 88 bps from a year ago.
  • Funding: loans stand at 51.19% of shares as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.65%+4 bps YoY

Net Interest Margin (YTD, annualized)

2.54%-41 bps YoY

Efficiency Ratio (YTD, annualized)

79.00%+355 bps YoY

Net Worth / Assets

13.89%+88 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.61%0.59%0.54%0.72%0.65%+4 bps
Return on Equity4.66%4.46%4.25%5.42%4.65%-1 bps
Net Interest Margin2.95%2.89%2.31%2.46%2.54%-41 bps
Efficiency Ratio75.45%76.17%80.87%75.90%79.00%+355 bps
Growth
Asset Growth (YoY)-0.14%-2.07%-2.80%0.66%-1.46%-133 bps
Loan Growth (YoY)-10.58%-8.53%-3.17%1.10%-6.41%+417 bps
Share Growth (YoY)-0.74%-2.74%-3.71%0.39%-2.26%-152 bps
Asset Quality
Delinquent Loans / Loans0.34%0.16%0.19%0.30%0.08%-26 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.16%1.26%1.21%1.13%1.02%-14 bps
Capital
Risk-Based Capital13.01%13.16%12.68%13.22%13.89%+88 bps
Net Worth / Assets13.01%13.16%12.68%13.22%13.89%+88 bps
Liquidity & Funding
Loans / Shares53.46%51.81%49.67%51.41%51.19%-226 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps