|
LATROBE UNIVERSITY CREDIT UNION LTD
Disclosure of Credit Risk Information and Capital Adequacy
In accordance with APRA Prudential Standard APS 330
| Capital structure |
| As at 30 September 2008 |
| |
|
|
|
|
|
$,000 |
| Tier 1 capital |
|
| General reserve |
1,532 |
| Current years earnings |
55 |
| Less deductions from tier 1 capital |
|
| - intangible assets |
(153) |
| - other |
(77) |
Tier 1 capital (net of deductions)
|
1,357 |
| Tier 2 capital |
|
Tier 2 capital (net of deductions)
|
30 |
Total capital base
|
1,388 |
| Capital Adequacy |
| As at 30 September 2008 |
| Risk weighted exposures |
| |
|
|
|
|
|
Risk weighted exposure |
| |
|
|
|
|
|
$,000 |
| Capital requirements - |
|
| - for credit risk |
|
| Deposits with banks and ADIs |
2,259 |
| Loans and advances |
|
| Claims secured by residential mortgage |
4,385 |
| Other members loans |
2,280 |
| Commitments for loans and advances |
|
| - Loans approved not advanced |
0 |
| - Loan redraw facilities |
242 |
| - for other assets |
171 |
| - for operational risk |
1,443 |
| Total risk weighted exposures |
10,781 |
| |
|
|
|
|
|
|
| Credit Union capital base |
|
| - Net tier 1 capital |
1,357 |
| - Total capital base |
1,388 |
| |
|
|
|
|
|
|
| Capital adequacy ratio |
|
| - on net tier 1 capital |
12.59% |
| - on total capital base |
12.87% |
| |
|
|
|
|
|
|
| Credit risk |
|
| For the three month period ended 30 September 2008 |
|
| |
Gross exposures at reporting date |
Average gross exposures for the period |
Impaired facilities |
90 days past due |
Specific provisions balance |
Charge for specific provisions and write-offs for the period |
| |
$,000 |
$,000 |
$,000 |
$,000 |
$,000 |
$,000 |
| Deposits with banks or ADIs |
10,448 |
9,663 |
- |
- |
- |
- |
| Loans and advances: |
|
|
|
|
|
|
| On balance sheet: |
|
|
|
|
|
|
| - secured by residential mortgage |
12,291 |
12,025 |
- |
- |
- |
- |
| - other members loans |
2,289 |
2,245 |
11 |
8 |
8 |
5 |
| Off balance sheet commitments: |
|
|
|
|
|
|
| - loans approved not advanced |
- |
- |
- |
- |
- |
- |
| - loan redraw limits |
1,384 |
1,198 |
- |
- |
- |
- |
| - revocable overdraft limits |
411 |
345 |
- |
- |
- |
- |
| - other irrevocable standby commitments |
821 |
784 |
- |
- |
- |
- |
| Total loans and advances |
16,375 |
15,813 |
11 |
8 |
8 |
5 |
| |
|
|
| The General Reserve for Credit Losses at reporting date is ($000): |
$60 |
|
|
