Benton Harbor, MI · Charter 8398
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Benton Harbor, MI · Charter 8398
Q3 2004
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 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.41% | 0.34% | 0.32% | 0.09% | 0.09% | -32 bps | |
| Return on Equity | 3.47% | 2.93% | 2.73% | 0.72% | 0.74% | -273 bps | |
| Net Interest Margin | 2.19% | 2.17% | 2.03% | 2.00% | 2.09% | -10 bps | |
| Efficiency Ratio | 86.87% | 88.74% | 88.42% | 96.84% | 96.85% | +998 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.32% | 3.54% | -1.49% | -2.81% | -0.62% | -194 bps | |
| Loan Growth (YoY) | -22.35% | -19.75% | -18.96% | -18.65% | -10.42% | +1,193 bps | |
| Share Growth (YoY) | 1.78% | 4.86% | -2.05% | -2.74% | -0.88% | -267 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.69% | 0.58% | 0.47% | 1.06% | 0.38% | -31 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.25% | 0.24% | 0.22% | 0.22% | 0.23% | -2 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.78% | 11.76% | 11.83% | 11.98% | 11.96% | +18 bps | |
| Net Worth / Assets | 11.78% | 11.76% | 11.83% | 11.98% | 11.96% | +18 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 24.27% | 23.59% | 22.68% | 22.40% | 21.93% | -233 bps | |
| Liquid Assets / Assets | 48.58% | 49.24% | 52.65% | 58.10% | 56.48% | +789 bps | |