PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Homelite Employees

Charlotte, NC · Charter 8300

Q2 2001

$1.6MAssets
$1.0MLoans
$1.1MShares
$559KNet 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 2.43%, down 78 bps year over year; NIM at 5.31%.
  • Asset quality: problem loans at 0.28% of loans (-155 bps YoY).
  • Capital: net worth / assets of 33.98%.
  • Funding: loans stand at 96.07% of shares as of Q2 2001.

Financial Results

Return on Assets (YTD, annualized)

2.43%-78 bps YoY

Net Interest Margin (YTD, annualized)

5.31%

Efficiency Ratio (YTD, annualized)

74.21%

Net Worth / Assets

33.98%

Year to date, annualized, through each quarter.

MetricQ2 1999Q4 1999Q2 2000Q4 2000Q2 2001YoY ΔTrend
Earnings
Return on Assets3.21%1.08%0.71%0.95%2.43%-78 bps
Return on Equityn/an/an/a2.87%7.14%n/a
Net Interest Marginn/a5.53%5.12%5.15%5.31%n/a
Efficiency Ration/a82.22%87.21%82.97%74.21%n/a
Growth
Asset Growth (YoY)-25.73%-26.85%-29.25%-22.69%-15.12%+1,061 bps
Loan Growth (YoY)-44.09%-29.71%-23.26%-12.20%0.17%+4,426 bps
Share Growth (YoY)-33.38%-36.48%-39.39%-32.22%-23.94%+944 bps
Asset Quality
Delinquent Loans / Loans1.83%1.52%1.00%0.82%0.28%-155 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.39%2.12%2.42%2.17%1.64%-75 bps
Capital
Risk-Based Capitaln/an/an/a33.17%33.98%n/a
Net Worth / Assetsn/an/an/a33.17%33.98%n/a
Liquidity & Funding
Loans / Shares72.95%92.25%95.55%97.70%96.07%+2,312 bps
Liquid Assets / Assets35.89%11.87%26.80%35.41%35.83%-6 bps