Miami Lakes, FL · Charter 68319
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Miami Lakes, FL · Charter 68319
Q1 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.51% | 0.58% | 0.93% | 0.90% | 0.34% | -17 bps | |
| Return on Equity | 5.39% | 6.14% | 9.56% | 8.94% | 3.48% | -190 bps | |
| Net Interest Margin | 3.89% | 3.83% | 3.79% | 3.89% | 3.66% | -23 bps | |
| Efficiency Ratio | 89.63% | 88.14% | 87.27% | 86.61% | 91.99% | +236 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 11.04% | 9.11% | 11.30% | 4.79% | 5.60% | -545 bps | |
| Loan Growth (YoY) | 3.70% | 0.08% | -2.63% | -3.74% | -2.92% | -662 bps | |
| Share Growth (YoY) | 10.54% | 8.91% | 11.57% | 4.66% | 5.45% | -508 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.06% | 0.08% | 0.05% | 0.06% | 0.07% | +1 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.98% | 0.97% | 0.55% | 0.54% | 0.55% | -43 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.40% | 9.46% | 9.75% | 10.11% | 9.73% | +33 bps | |
| Net Worth / Assets | 9.40% | 9.46% | 9.75% | 10.11% | 9.73% | +33 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 65.86% | 65.57% | 63.86% | 64.57% | 60.63% | -523 bps | |
| Liquid Assets / Assets | 16.39% | 13.35% | 12.86% | 11.94% | 16.24% | -14 bps | |