PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Stamford Credit Union, Inc.

Stamford, CT · Charter 68478

Q3 2003

$49.0MAssets
$29.9MLoans
$41.8MShares
$7.0MNet 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 0.41%, up 1 bps year over year; NIM at 3.19%.
  • Asset quality: problem loans at 0.72% of loans (+47 bps YoY).
  • Capital: net worth / assets of 14.21%, up 34 bps from a year ago.
  • Funding: loans stand at 71.53% of shares as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

0.41%+1 bps YoY

Net Interest Margin (YTD, annualized)

3.19%-14 bps YoY

Efficiency Ratio (YTD, annualized)

88.45%-109 bps YoY

Net Worth / Assets

14.21%+34 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.40%0.39%0.39%0.44%0.41%+1 bps
Return on Equity2.86%2.78%2.88%3.19%2.89%+3 bps
Net Interest Margin3.33%3.25%3.13%3.12%3.19%-14 bps
Efficiency Ratio89.55%89.95%89.39%88.46%88.45%-109 bps
Growth
Asset Growth (YoY)n/an/a14.80%4.16%0.43%n/a
Loan Growth (YoY)n/an/a-2.05%-3.79%3.48%n/a
Share Growth (YoY)n/an/a16.92%4.28%-0.02%n/a
Asset Quality
Delinquent Loans / Loans0.26%0.26%0.29%0.16%0.72%+47 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.39%0.40%0.39%0.37%0.37%-2 bps
Capital
Risk-Based Capital13.87%13.89%13.69%13.87%14.21%+34 bps
Net Worth / Assets13.87%13.89%13.69%13.87%14.21%+34 bps
Liquidity & Funding
Loans / Shares69.11%64.39%63.99%65.63%71.53%+242 bps
Liquid Assets / Assets35.61%40.20%39.64%38.76%33.61%-201 bps