PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Jacksonville Utilities Employees

Jacksonville, FL · Charter 67294

NCUA · 4 branches

Q1 2017

$43.6MAssets
$23.4MLoans
$38.0MShares
$4.9MNet 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 0.82%, up 41 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.26% of loans (-115 bps YoY).
  • Capital: net worth / assets of 11.20%, down 8 bps from a year ago.
  • Funding: loans stand at 61.61% of shares as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

0.82%+41 bps YoY

Net Interest Margin (YTD, annualized)

3.41%-12 bps YoY

Efficiency Ratio (YTD, annualized)

79.80%-1,103 bps YoY

Net Worth / Assets

11.20%-8 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.41%0.13%0.42%0.56%0.82%+41 bps
Return on Equity3.62%1.19%3.84%4.99%7.28%+366 bps
Net Interest Margin3.53%3.60%3.47%3.48%3.41%-12 bps
Efficiency Ratio90.83%96.93%90.59%87.40%79.80%-1,103 bps
Growth
Asset Growth (YoY)1.61%2.35%8.76%7.61%6.97%+536 bps
Loan Growth (YoY)6.74%4.22%2.80%-1.17%-0.87%-761 bps
Share Growth (YoY)2.31%5.40%8.89%8.12%7.15%+484 bps
Asset Quality
Delinquent Loans / Loans1.40%1.42%1.65%0.46%0.26%-115 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.56%1.49%1.49%1.48%1.45%-11 bps
Capital
Risk-Based Capital11.28%11.25%11.01%11.15%11.20%-8 bps
Net Worth / Assets11.28%11.25%11.01%11.15%11.20%-8 bps
Liquidity & Funding
Loans / Shares66.60%68.38%64.72%61.92%61.61%-499 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps