PackageTrendsPeer
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Lake State

Moose Lake, MN · Charter 68635

Q2 2015

$194.8MAssets
$132.8MLoans
$172.9MShares
$20.2MNet 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 0.20%, up 11 bps year over year; NIM at 3.34%.
  • Asset quality: problem loans at 0.71% of loans (-90 bps YoY).
  • Capital: net worth / assets of 10.38%, down 38 bps from a year ago.
  • Funding: loans stand at 76.82% of shares as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

0.20%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.34%+1 bps YoY

Efficiency Ratio (YTD, annualized)

91.28%-51 bps YoY

Net Worth / Assets

10.38%-38 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets0.09%0.02%0.01%0.42%0.20%+11 bps
Return on Equity0.84%0.17%0.05%4.06%1.90%+106 bps
Net Interest Margin3.32%3.37%3.36%3.28%3.34%+1 bps
Efficiency Ratio91.79%90.84%89.37%85.46%91.28%-51 bps
Growth
Asset Growth (YoY)2.25%1.40%3.83%4.25%4.26%+201 bps
Loan Growth (YoY)9.18%14.02%12.61%10.65%7.05%-213 bps
Share Growth (YoY)1.86%0.94%4.87%4.70%4.82%+297 bps
Asset Quality
Delinquent Loans / Loans1.60%1.15%0.85%0.58%0.71%-90 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.31%1.33%1.37%1.31%1.31%-1 bps
Capital
Risk-Based Capital10.76%10.70%10.53%10.30%10.38%-38 bps
Net Worth / Assets10.76%10.70%10.53%10.30%10.38%-38 bps
Liquidity & Funding
Loans / Shares75.22%78.65%77.43%74.88%76.82%+160 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps