september 30, 2015 · ncusif third quarter 2015 statistics 3 ncusif changes to the reserves...

16
NCUSIF Third Quarter Statistics September 30, 2015 Rendell L. Jones, CFO Office of the Chief Financial Officer

Upload: others

Post on 15-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

NCUSIFThird Quarter StatisticsSeptember 30, 2015

Rendell L. Jones, CFOOffice of the Chief Financial Officer

Page 2: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

2NCUSIF Third Quarter 2015 Statistics

NCUSIFRevenueandExpenseSeptember30,2015

Year‐End 2009 Year‐End 2010

PRELIMINARY & UNAUDITED Quarter EndedSeptember 30, 2015

Year‐to‐DateSeptember 30, 2015

(in Millions) (Actual)          (Estimated) (Actual)          (Estimated)

Gross Income:

Investment Income $54.7  $53.5  $162.2  $160.5 

Other Income 2.1  1.0  4.1  3.0 

Total Income $56.8  $54.5  $166.3  $163.5 

Less Expenses:

Operating Expenses $49.0  $49.9  $142.7  $149.7 

Provision for Insurance Losses:

Reserve Expense (Reduction) (12.4) 25.0  0.4  75.0 

AME Loss Expense (Reduction) (4.5) 0.0  (17.7) 0.0 

Total Expenses 32.1  74.9  125.4  224.7 

Net Income (Loss) $24.7  ($20.4) $40.9  ($61.2)

As of October 9, 2015

Page 3: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

3NCUSIF Third Quarter 2015 Statistics

NCUSIFChangestotheReservesSeptember30,2015

Year‐End 2009 Year‐End 2010

PRELIMINARY & UNAUDITED Quarter Ended     Year‐To‐Date(In Millions) September 30, 2015 September 30, 2015Beginning Reserve Balance: $187.3  $178.3 Reserve Expense (Reduction) (12.4) 0.4 

Charges for Assisted Mergers (0.7) (0.7)

Charges for Liquidations (4.7) (8.5)Ending Reserve Balance $169.5  $169.5 

As of October 9, 2015

Page 4: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

4NCUSIF Third Quarter 2015 Statistics

TreasuryYieldCurveSeptember30,2015

Sep 30, 2015

Sep 30, 2014

Jun 30, 2015

Page 5: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

5NCUSIF Third Quarter 2015 Statistics

YieldComparisonsSeptember30,2015

Page 6: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

6NCUSIF Third Quarter 2015 Statistics

NCUSIFPortfolioSeptember30,2015

Page 7: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

7NCUSIF Third Quarter 2015 Statistics

NCUSIFEquityRatioFY10‐ FY15

Page 8: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

8NCUSIF Third Quarter 2015 Statistics

NumberofProblemCreditUnionsCAMELCode4/5FY10‐ FY15

Page 9: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

9NCUSIF Third Quarter 2015 Statistics

PercentofCAMELCode4/5SharestoTotalInsuredSharesFY10‐ FY15

Page 10: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

10NCUSIF Third Quarter 2015 Statistics

CAMELCode4/5ComparisonMarch15,2015toJune30,2015

Total Shares in Billions

Page 11: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

11NCUSIF Third Quarter 2015 Statistics

NumberofCAMELCode3FY10‐ FY15

Page 12: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

12NCUSIF Third Quarter 2015 Statistics

PercentofCAMELCode3SharestoTotalInsuredSharesFY10‐ FY15

Page 13: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

13NCUSIF Third Quarter 2015 Statistics

CAMELCode3ComparisonMarch31,2015toJune30,2015

Total Shares in Billions

Page 14: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

14NCUSIF Third Quarter 2015 Statistics

DistributionofAssetsinCAMELCodesFY10‐ FY15

Page 15: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

15NCUSIF Third Quarter 2015 Statistics

NumberofCreditUnionFailuresFY10‐ FY15

Page 16: September 30, 2015 · NCUSIF Third Quarter 2015 Statistics 3 NCUSIF Changes to the Reserves September 30, 2015 Year ‐End 2009 Year‐End 2010 PRELIMINARY & UNAUDITED Quarter Ended

16NCUSIF Third Quarter 2015 Statistics

OfficeContactPage

Primary Staff: Rendell L. JonesChief Financial Officer

E‐mail Address:             [email protected]

Office Phone: (703) 518‐6570

Feel free to contact our office with questions or comments.