PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

A O Smith Employees

Tipp City, OH · Charter 8343

Q4 2011

$4.2MAssets
$1.6MLoans
$3.7MShares
$467KNet 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 -0.49%, down 61 bps year over year; NIM at 1.76%.
  • Asset quality: problem loans at 1.03% of loans (+36 bps YoY).
  • Capital: net worth / assets of 11.16%, down 30 bps from a year ago.
  • Funding: loans stand at 42.60% of shares as of Q4 2011.

Financial Results

Return on Assets (YTD, annualized)

-0.49%-61 bps YoY

Net Interest Margin (YTD, annualized)

1.76%-72 bps YoY

Efficiency Ratio (YTD, annualized)

119.18%+1,805 bps YoY

Net Worth / Assets

11.16%-30 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2010Q1 2011Q2 2011Q3 2011Q4 2011YoY ΔTrend
Earnings
Return on Assets0.12%-0.20%-0.24%-0.66%-0.49%-61 bps
Return on Equity1.05%-1.83%-2.13%-5.89%-4.42%-546 bps
Net Interest Margin2.48%2.35%2.34%2.35%1.76%-72 bps
Efficiency Ratio101.14%102.46%103.73%119.20%119.18%+1,805 bps
Growth
Asset Growth (YoY)1.60%-3.36%-3.93%-3.60%-3.86%-546 bps
Loan Growth (YoY)-15.33%-13.30%-7.89%4.03%3.01%+1,834 bps
Share Growth (YoY)2.02%-2.76%-4.67%-3.95%-3.52%-553 bps
Asset Quality
Delinquent Loans / Loans0.67%0.89%1.30%1.03%1.03%+36 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.75%1.40%1.32%1.43%1.43%-32 bps
Capital
Risk-Based Capital11.46%11.11%11.27%11.16%11.16%-30 bps
Net Worth / Assets11.46%11.11%11.27%11.16%11.16%-30 bps
Liquidity & Funding
Loans / Shares39.90%39.73%40.55%42.60%42.60%+270 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps