PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Dallas Western Union Employees CU

Dallas, TX · Charter 67447

Q2 2008

$1.3MAssets
$717KLoans
$1.1MShares
$135KNet 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 -4.14%, down 78 bps year over year; NIM at 4.44%.
  • Asset quality: problem loans at 19.62% of loans (+300 bps YoY).
  • Capital: net worth / assets of 10.50%, down 331 bps from a year ago.
  • Funding: loans stand at 62.39% of shares as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

-4.14%-78 bps YoY

Net Interest Margin (YTD, annualized)

4.44%+57 bps YoY

Efficiency Ratio (YTD, annualized)

111.80%+1,246 bps YoY

Net Worth / Assets

10.50%-331 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets-3.36%-4.65%-5.78%-4.39%-4.14%-78 bps
Return on Equity-24.31%-35.02%-48.19%-38.03%-39.41%-1,510 bps
Net Interest Margin3.86%4.18%4.34%4.60%4.44%+57 bps
Efficiency Ratio99.34%98.36%101.45%102.15%111.80%+1,246 bps
Growth
Asset Growth (YoY)10.54%2.12%-5.83%-10.56%-17.14%-2,768 bps
Loan Growth (YoY)-8.81%-10.45%-21.36%-26.54%-28.10%-1,929 bps
Share Growth (YoY)14.70%6.38%-0.42%-4.47%-13.50%-2,820 bps
Asset Quality
Delinquent Loans / Loans16.61%14.54%9.57%11.34%19.62%+300 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans7.01%7.42%5.34%6.37%6.80%-20 bps
Capital
Risk-Based Capital13.81%13.29%12.00%11.53%10.50%-331 bps
Net Worth / Assets13.81%13.29%12.00%11.53%10.50%-331 bps
Liquidity & Funding
Loans / Shares75.05%78.90%72.15%68.00%62.39%-1,267 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps