PackageTrendsPeer
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Kent

Kent, OH · Charter 67199

Q3 2015

$42.9MAssets
$24.9MLoans
$40.2MShares
$2.6MNet 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 0.39%, down 10 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 0.54% of loans (-36 bps YoY).
  • Capital: net worth / assets of 6.03%, up 58 bps from a year ago.
  • Funding: loans stand at 61.83% of shares as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

0.39%-10 bps YoY

Net Interest Margin (YTD, annualized)

3.81%-13 bps YoY

Efficiency Ratio (YTD, annualized)

84.86%-129 bps YoY

Net Worth / Assets

6.03%+58 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.50%0.61%0.29%0.27%0.39%-10 bps
Return on Equity9.12%10.66%5.19%4.74%6.53%-259 bps
Net Interest Margin3.94%3.96%3.75%3.69%3.81%-13 bps
Efficiency Ratio86.16%84.32%85.47%86.59%84.86%-129 bps
Growth
Asset Growth (YoY)0.38%-0.56%-1.49%-1.07%-0.84%-122 bps
Loan Growth (YoY)-0.87%-2.44%-2.12%-4.94%-9.98%-912 bps
Share Growth (YoY)0.22%-1.46%-2.02%-1.59%-1.44%-165 bps
Asset Quality
Delinquent Loans / Loans0.90%0.69%0.73%0.99%0.54%-36 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.57%0.51%0.58%0.63%0.67%+10 bps
Capital
Risk-Based Capital5.45%5.70%5.60%5.63%6.03%+58 bps
Net Worth / Assets5.45%5.70%5.60%5.63%6.03%+58 bps
Liquidity & Funding
Loans / Shares67.70%67.81%64.63%62.89%61.83%-587 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps