PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Western

Seattle, WA · Charter 68382

Q2 2001

$4.2MAssets
$3.9MLoans
$3.8MShares
$443KNet 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 -4.61%, down 841 bps year over year; NIM at 5.49%.
  • Asset quality: problem loans at 9.83% of loans (+296 bps YoY).
  • Capital: net worth / assets of 10.47%.
  • Funding: loans stand at 103.15% of shares as of Q2 2001.

Financial Results

Return on Assets (YTD, annualized)

-4.61%-841 bps YoY

Net Interest Margin (YTD, annualized)

5.49%

Efficiency Ratio (YTD, annualized)

167.44%

Net Worth / Assets

10.47%

Year to date, annualized, through each quarter.

MetricQ2 1999Q4 1999Q2 2000Q4 2000Q2 2001YoY ΔTrend
Earnings
Return on Assets3.80%0.35%0.96%0.88%-4.61%-841 bps
Return on Equityn/an/an/a7.04%-44.06%n/a
Net Interest Marginn/a5.10%5.82%5.76%5.49%n/a
Efficiency Ration/a80.39%72.28%73.30%167.44%n/a
Growth
Asset Growth (YoY)n/an/an/a-3.54%-4.64%n/a
Loan Growth (YoY)n/an/an/a14.28%10.90%n/a
Share Growth (YoY)n/an/an/a-5.65%-3.99%n/a
Asset Quality
Delinquent Loans / Loans6.87%9.13%4.96%9.12%9.83%+296 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.66%3.56%3.55%3.82%3.47%-19 bps
Capital
Risk-Based Capitaln/an/an/a12.54%10.47%n/a
Net Worth / Assetsn/an/an/a12.54%10.47%n/a
Liquidity & Funding
Loans / Shares89.30%96.80%102.15%104.51%103.15%+1,385 bps
Liquid Assets / Assets19.00%6.79%2.32%9.44%8.04%-1,095 bps