PackageTrendsPeer
Letter portraitLegal landscape

Detroit Marathon Employees

Lincoln Park, MI · Charter 7869

Q4 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2003, the quarter ended December 31, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Detroit Marathon Employees

Lincoln Park, MI · Charter 7869

Q4 2003

$4.4MAssets
$1.4MLoans
$3.9MShares
$329KNet 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 -2.49%, down 101 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 3.16% of loans (-256 bps YoY).
  • Capital: net worth / assets of 7.52%, down 220 bps from a year ago.
  • Funding: loans stand at 34.87% of shares as of Q4 2003.

Financial Results

Return on Assets (YTD, annualized)

-2.49%-101 bps YoY

Net Interest Margin (YTD, annualized)

2.83%-52 bps YoY

Efficiency Ratio (YTD, annualized)

169.76%+4,858 bps YoY

Net Worth / Assets

7.52%-220 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets-1.48%-1.77%-1.49%-1.45%-2.49%-101 bps
Return on Equity-15.18%-18.93%-17.06%-15.80%-33.11%-1,793 bps
Net Interest Margin3.35%2.74%2.75%2.96%2.83%-52 bps
Efficiency Ratio121.19%149.96%141.26%135.90%169.76%+4,858 bps
Growth
Asset Growth (YoY)-16.08%-9.27%-8.47%-3.28%-2.94%+1,314 bps
Loan Growth (YoY)-19.43%-15.72%-13.75%-16.15%-12.84%+659 bps
Share Growth (YoY)-18.15%-8.87%-7.16%-0.54%0.39%+1,854 bps
Asset Quality
Delinquent Loans / Loans5.72%4.99%4.56%4.51%3.16%-256 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.43%2.10%2.05%1.96%1.81%-162 bps
Capital
Risk-Based Capital9.71%9.33%8.72%9.15%7.52%-220 bps
Net Worth / Assets9.71%9.33%8.72%9.15%7.52%-220 bps
Liquidity & Funding
Loans / Shares40.16%38.00%35.98%36.69%34.87%-529 bps
Liquid Assets / Assets57.65%61.77%61.25%62.09%64.95%+729 bps