PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Mac Neill Employees

Miami, FL · Charter 67941

Q3 2013

$815KAssets
$507KLoans
$667KShares
$148KNet 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 -14.67%, down 1,514 bps year over year; NIM at -6.71%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 18.17%, down 723 bps from a year ago.
  • Funding: loans stand at 75.92% of shares as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

-14.67%-1,514 bps YoY

Net Interest Margin (YTD, annualized)

-6.71%-1,043 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

18.17%-723 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.47%0.55%0.42%-21.32%-14.67%-1,514 bps
Return on Equity1.87%1.86%1.48%-120.83%-80.72%-8,259 bps
Net Interest Margin3.72%4.24%3.92%-11.92%-6.71%-1,043 bps
Efficiency Ratio78.29%78.08%79.80%n/an/an/a
Growth
Asset Growth (YoY)-12.80%-7.26%-7.85%-13.75%-17.87%-507 bps
Loan Growth (YoY)11.82%25.20%11.84%2.08%4.70%-712 bps
Share Growth (YoY)-16.79%-10.67%-11.41%-4.29%-9.67%+712 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.31%1.48%1.51%1.76%1.84%+53 bps
Capital
Risk-Based Capital25.40%29.36%28.25%17.65%18.17%-723 bps
Net Worth / Assets25.40%29.36%28.25%17.65%18.17%-723 bps
Liquidity & Funding
Loans / Shares65.50%80.58%77.60%69.18%75.92%+1,042 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps