PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Escambia County Employees

Pensacola, FL · Charter 67506

Q4 2006

$38.4MAssets
$28.7MLoans
$33.5MShares
$4.4MNet 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 -1.25%, down 247 bps year over year; NIM at 3.71%.
  • Asset quality: problem loans at 0.37% of loans (+22 bps YoY).
  • Capital: net worth / assets of 11.39%, down 17 bps from a year ago.
  • Funding: loans stand at 85.65% of shares as of Q4 2006.

Financial Results

Return on Assets (quarter, annualized)

-1.25%-247 bps YoY

Net Interest Margin (quarter, annualized)

3.71%-18 bps YoY

Efficiency Ratio (quarter, annualized)

121.38%+4,345 bps YoY

Net Worth / Assets

11.39%-17 bps YoY

Discrete quarter, annualized.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.22%0.49%0.54%0.45%-1.25%-247 bps
Return on Equity10.57%4.04%4.39%3.47%-10.95%-2,152 bps
Net Interest Margin3.89%3.70%3.72%3.83%3.71%-18 bps
Efficiency Ratio77.93%90.80%89.65%91.95%121.38%+4,345 bps
Growth
Asset Growth (YoY)-5.19%-7.38%-4.12%-9.94%-8.54%-335 bps
Loan Growth (YoY)10.43%6.82%0.30%-3.11%-3.87%-1,430 bps
Share Growth (YoY)-7.14%-9.67%-5.62%-12.02%-9.24%-211 bps
Asset Quality
Delinquent Loans / Loans0.16%0.20%0.51%0.30%0.37%+22 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.23%0.22%0.28%0.18%0.10%-13 bps
Capital
Risk-Based Capital11.56%12.07%12.25%12.97%11.39%-17 bps
Net Worth / Assets11.56%12.07%12.25%12.97%11.39%-17 bps
Liquidity & Funding
Loans / Shares80.86%83.70%85.14%88.93%85.65%+478 bps
Liquid Assets / Assets14.27%9.41%0.00%0.00%0.00%-1,427 bps