PackageTrendsPeer
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Long Beach State Employees

Long Beach, CA · Charter 95040

Q4 2008

$32.4MAssets
$21.2MLoans
$28.1MShares
$4.3MNet 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 0.11%, up 11 bps year over year; NIM at 4.74%.
  • Asset quality: problem loans at 0.46% of loans (+2 bps YoY).
  • Capital: net worth / assets of 13.12%, up 152 bps from a year ago.
  • Funding: loans stand at 75.47% of shares as of Q4 2008.

Financial Results

Return on Assets (quarter, annualized)

0.11%+11 bps YoY

Net Interest Margin (quarter, annualized)

4.74%+58 bps YoY

Efficiency Ratio (quarter, annualized)

90.31%-664 bps YoY

Net Worth / Assets

13.12%+152 bps YoY

Discrete quarter, annualized.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.00%0.25%-0.17%0.00%0.11%+11 bps
Return on Equity-0.03%2.08%-1.41%0.01%0.84%+87 bps
Net Interest Margin4.16%4.20%4.39%4.53%4.74%+58 bps
Efficiency Ratio96.95%94.60%91.73%89.82%90.31%-664 bps
Growth
Asset Growth (YoY)-6.84%-9.09%-10.51%-11.16%-10.79%-395 bps
Loan Growth (YoY)-0.39%0.39%1.00%1.31%1.70%+210 bps
Share Growth (YoY)-10.02%-10.31%-11.78%-12.53%-10.00%+2 bps
Asset Quality
Delinquent Loans / Loans0.44%0.45%0.31%0.55%0.46%+2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.27%0.31%0.68%0.61%0.48%+20 bps
Capital
Risk-Based Capital11.60%11.98%12.05%12.39%13.12%+152 bps
Net Worth / Assets11.60%11.98%12.05%12.39%13.12%+152 bps
Liquidity & Funding
Loans / Shares66.79%67.13%67.41%70.85%75.47%+868 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps