PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Jackson City and County Empls.

Jackson, TN · Charter 68103

Q2 2006

$5.3MAssets
$2.9MLoans
$4.4MShares
$920KNet 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 0.56%, up 16 bps year over year; NIM at 3.61%.
  • Asset quality: problem loans at 0.65% of loans (+9 bps YoY).
  • Capital: net worth / assets of 17.20%, up 72 bps from a year ago.
  • Funding: loans stand at 64.97% of shares as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

0.56%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.61%-6 bps YoY

Efficiency Ratio (YTD, annualized)

86.17%-426 bps YoY

Net Worth / Assets

17.20%+72 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets0.40%0.18%0.23%0.39%0.56%+16 bps
Return on Equity2.42%1.10%1.33%2.38%3.27%+85 bps
Net Interest Margin3.67%3.67%3.88%3.36%3.61%-6 bps
Efficiency Ratio90.44%89.42%88.91%91.74%86.17%-426 bps
Growth
Asset Growth (YoY)-1.95%-2.59%-3.16%0.09%-2.49%-54 bps
Loan Growth (YoY)4.54%-6.63%-7.60%-8.33%-13.17%-1,770 bps
Share Growth (YoY)-3.09%-3.53%-4.25%0.37%-2.74%+35 bps
Asset Quality
Delinquent Loans / Loans0.56%1.59%1.76%0.62%0.65%+9 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.57%0.78%0.74%0.45%0.56%-1 bps
Capital
Risk-Based Capital16.47%16.22%17.19%16.25%17.20%+72 bps
Net Worth / Assets16.47%16.22%17.19%16.25%17.20%+72 bps
Liquidity & Funding
Loans / Shares72.77%67.54%70.03%62.10%64.97%-780 bps
Liquid Assets / Assets33.18%37.86%35.98%42.44%0.00%-3,318 bps