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Elec Workers Union 474 IBEW

Memphis, TN · Charter 11339

Q1 2013

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: Q1 2013, the quarter ended March 31, 2013, 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

Elec Workers Union 474 IBEW

Memphis, TN · Charter 11339

Q1 2013

$3.1MAssets
$1.1MLoans
$3.0MShares
$75KNet 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 -0.50%, up 8 bps year over year; NIM at 2.90%.
  • Asset quality: problem loans at 2.64% of loans (+174 bps YoY).
  • Capital: net worth / assets of 2.39%, down 817 bps from a year ago.
  • Funding: loans stand at 36.11% of shares as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

-0.50%+8 bps YoY

Net Interest Margin (YTD, annualized)

2.90%+69 bps YoY

Efficiency Ratio (YTD, annualized)

114.29%-475 bps YoY

Net Worth / Assets

2.39%-817 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets-0.57%-0.92%-2.85%-11.33%-0.50%+8 bps
Return on Equity-5.44%-8.93%-31.02%-486%-20.72%-1,528 bps
Net Interest Margin2.21%2.24%2.29%2.74%2.90%+69 bps
Efficiency Ratio119.05%131.05%177.31%528%114.29%-475 bps
Growth
Asset Growth (YoY)-5.14%-9.74%-7.85%-20.51%-25.84%-2,070 bps
Loan Growth (YoY)4.46%-8.15%0.85%-4.91%-12.36%-1,682 bps
Share Growth (YoY)-4.08%-9.13%-8.80%-12.27%-19.18%-1,511 bps
Asset Quality
Delinquent Loans / Loans0.89%9.24%6.32%2.22%2.64%+174 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.67%1.72%2.10%6.06%7.42%+575 bps
Capital
Risk-Based Capital10.56%10.32%9.19%2.33%2.39%-817 bps
Net Worth / Assets10.56%10.32%9.19%2.33%2.39%-817 bps
Liquidity & Funding
Loans / Shares33.30%33.47%37.28%36.04%36.11%+281 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps