Southgate, MI · Charter 7603
NCUA · 3 branches
Q2 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2016, the quarter ended June 30, 2016, 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.
Southgate, MI · Charter 7603
NCUA · 3 branches
Q2 2016
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 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | Q2 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.75% | 0.83% | 0.78% | 0.85% | 0.99% | +24 bps | |
| Return on Equity | 7.52% | 7.93% | 7.66% | 8.53% | 9.75% | +224 bps | |
| Net Interest Margin | 3.42% | 3.58% | 3.51% | 3.58% | 3.64% | +22 bps | |
| Efficiency Ratio | 80.35% | 80.59% | 81.23% | 78.18% | 78.56% | -179 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.37% | 3.66% | 8.38% | 6.81% | 7.78% | +241 bps | |
| Loan Growth (YoY) | 21.19% | 24.40% | 26.49% | 24.03% | 21.83% | +65 bps | |
| Share Growth (YoY) | 4.23% | 4.02% | 8.32% | 6.49% | 7.93% | +370 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.73% | 0.54% | 0.65% | 0.38% | 0.57% | -16 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.70% | 0.66% | 0.61% | 0.68% | 0.62% | -8 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.95% | 10.42% | 10.19% | 9.98% | 10.11% | +17 bps | |
| Net Worth / Assets | 9.95% | 10.42% | 10.19% | 9.98% | 10.11% | +17 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 57.23% | 62.25% | 62.07% | 61.43% | 64.60% | +737 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |