London, KY · Charter 10211
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 2003, 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.
London, KY · Charter 10211
Q1 2003
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 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.35% | -0.98% | -1.78% | -0.88% | 0.74% | +39 bps | |
| Return on Equity | 1.55% | -4.55% | -8.67% | -4.09% | 3.48% | +193 bps | |
| Net Interest Margin | 4.63% | 3.98% | 3.94% | 4.11% | 4.58% | -6 bps | |
| Efficiency Ratio | 92.50% | 86.33% | 86.81% | 76.82% | 84.01% | -850 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.44% | -0.15% | 6.98% | 2.49% | 3.31% | +675 bps | |
| Loan Growth (YoY) | 10.08% | 14.42% | 6.21% | -5.12% | 0.12% | -996 bps | |
| Share Growth (YoY) | -5.74% | -0.38% | 10.74% | 4.98% | 5.59% | +1,133 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.72% | 3.19% | 0.67% | 4.90% | 6.25% | +253 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.61% | 2.19% | 1.37% | 2.25% | 2.30% | -30 bps | |
| Capital | |||||||
| Risk-Based Capital | 22.69% | 21.46% | 20.51% | 21.51% | 21.29% | -140 bps | |
| Net Worth / Assets | 22.69% | 21.46% | 20.51% | 21.51% | 21.29% | -140 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 79.33% | 79.08% | 76.07% | 77.43% | 75.22% | -411 bps | |
| Liquid Assets / Assets | 38.96% | 38.11% | 39.11% | 39.14% | 40.68% | +172 bps | |