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MINISTRY PARTNERS INVESTMENT COMPANY, LLC REPORTS SECOND QUARTER PROFITABILITY

BREA, CA – Ministry Partners Investment Company, LLC, a California based credit union service organization that specializes in church lending, announced today financial results for its fiscal 2012 second quarter. For the three months ended June 30, 2012, the Company generated a net income of $362 thousand as compared to a net loss of $249 thousand in second quarter of 2011. For the six month period ended June 30, 2012, the Company reported net earnings of $449 thousand, compared to a net loss of $450 thousand in the same period of 2011.

The Company continues to benefit from a reduction in the costs of its borrowings from financial institutions. During the second quarter of 2012 these cost savings totaled $494 thousand as compared to borrowing costs in the second quarter of 2011. For the first half of 2012, the reduction in costs totaled $1.077 million over the first half of 2011.

In addition, the Company realized net recovery of $240 thousand in loan loss provisions during the three months ended June 30, 2012, as compared to provisions for loan loss of $383 thousand in the same period of 2011. For the first half of 2012 loan loss provisions showed a net recovery of $136 thousand, as compared to provisions of $483 thousand in the first half of 2011.

Total assets fell to $177.27 million in the first half of 2012, down from $179.28 million at year end 2011, reflecting a continuing trend of accelerated loan payoffs as compared to the same period of 2011.

“We continue to benefit from the structural balance sheet improvements we made toward the end of 2011, and we have seen some timely recoveries in our troubled assets that greatly benefited earnings. As long as we can protect that trend, we should be able to meet our expectations for earnings this year,” said Bill Dodson, President and Chief Executive Officer. “We face a competitive market for church loans right now, and that means loan origination will be our biggest challenge at least for the balance of this year. Having said that, there are many deserving ministries seeking financing right now, and we are building a solid pipeline that should lead to balance sheet growth and continued improvement in our financial performance.”

This press release may contain certain forward-looking statements, including statements with regard to the future performance of the Company. Words such as “believes,” “expects,” “projects,” and “future” or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by the Company with the Securities and Exchange Commission for the year ended December 31, 2011 and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

To view the Company’s SEC filing visit our website at http://www.ministrypartners.org and click on “SEC Filings” at the bottom of our home page.

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