PackageTrendsPeer
Letter portraitLegal landscape

NVF Company Employees

Yorklyn, DE · Charter 10496

Q3 2003

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

NVF Company Employees

Yorklyn, DE · Charter 10496

Q3 2003

$259KAssets
$34KLoans
$140KShares
$115KNet 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 -0.87%, up 25 bps year over year; NIM at 2.51%.
  • Asset quality: problem loans at 0.00% of loans (-1,204 bps YoY).
  • Capital: net worth / assets of 44.30%, up 689 bps from a year ago.
  • Funding: loans stand at 24.20% of shares as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

-0.87%+25 bps YoY

Net Interest Margin (YTD, annualized)

2.51%+25 bps YoY

Efficiency Ratio (YTD, annualized)

134.64%-1,468 bps YoY

Net Worth / Assets

44.30%+689 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets-1.12%-1.33%-1.21%-0.97%-0.87%+25 bps
Return on Equity-2.99%-3.37%-2.98%-2.25%-1.97%+103 bps
Net Interest Margin2.27%1.82%2.59%2.63%2.51%+25 bps
Efficiency Ratio149.32%173.10%146.62%136.69%134.64%-1,468 bps
Growth
Asset Growth (YoY)-9.58%-10.51%-8.96%-11.46%-17.69%-811 bps
Loan Growth (YoY)-23.58%45.22%-15.47%35.28%-5.38%+1,820 bps
Share Growth (YoY)-11.66%-14.24%-9.83%-16.16%-28.71%-1,705 bps
Asset Quality
Delinquent Loans / Loans12.04%1.02%4.37%6.29%0.00%-1,204 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans10.01%9.15%11.54%11.63%12.56%+255 bps
Capital
Risk-Based Capital37.41%39.59%40.39%42.80%44.30%+689 bps
Net Worth / Assets37.41%39.59%40.39%42.80%44.30%+689 bps
Liquidity & Funding
Loans / Shares18.23%26.40%21.57%23.71%24.20%+597 bps
Liquid Assets / Assets89.04%84.86%87.86%87.26%87.75%-129 bps