PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Mead Employees'

Atlanta, GA · Charter 67353

NCUA · 1 branch

Q4 2017

$3.7MAssets
$1.2MLoans
$2.5MShares
$1.2MNet 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 -6.18%, down 604 bps year over year; NIM at 3.30%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 33.56%, up 140 bps from a year ago.
  • Funding: loans stand at 49.62% of shares as of Q4 2017.

Financial Results

Return on Assets (YTD, annualized)

-6.18%-604 bps YoY

Net Interest Margin (YTD, annualized)

3.30%+23 bps YoY

Efficiency Ratio (YTD, annualized)

158.19%+5,547 bps YoY

Net Worth / Assets

33.56%+140 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2016Q1 2017Q2 2017Q3 2017Q4 2017YoY ΔTrend
Earnings
Return on Assets-0.14%-0.75%-0.68%-0.51%-6.18%-604 bps
Return on Equity-0.44%-2.39%-2.06%-1.56%-18.41%-1,798 bps
Net Interest Margin3.07%2.89%2.98%2.98%3.30%+23 bps
Efficiency Ratio102.72%116.43%113.95%110.64%158.19%+5,547 bps
Growth
Asset Growth (YoY)3.81%7.83%1.32%-4.87%-19.09%-2,290 bps
Loan Growth (YoY)2.29%-9.07%-17.34%-22.19%-40.88%-4,317 bps
Share Growth (YoY)6.18%12.47%2.71%-6.48%-20.76%-2,694 bps
Asset Quality
Delinquent Loans / Loans0.00%0.11%1.50%1.02%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.01%1.28%1.22%1.09%4.10%+309 bps
Capital
Risk-Based Capital32.16%31.50%32.84%32.82%33.56%+140 bps
Net Worth / Assets32.16%31.50%32.84%32.82%33.56%+140 bps
Liquidity & Funding
Loans / Shares66.50%58.28%58.93%54.41%49.62%-1,689 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps