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Kay Bee Dee-Local 264

Cheektowaga, NY · Charter 11829

Q4 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: Q4 2003, the quarter ended December 31, 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

Kay Bee Dee-Local 264

Cheektowaga, NY · Charter 11829

Q4 2003

$617KAssets
$158KLoans
$540KShares
$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 -3.67%, down 334 bps year over year; NIM at 3.59%.
  • Asset quality: problem loans at 7.81% of loans (+504 bps YoY).
  • Capital: net worth / assets of 12.23%, down 289 bps from a year ago.
  • Funding: loans stand at 29.26% of shares as of Q4 2003.

Financial Results

Return on Assets (YTD, annualized)

-3.67%-334 bps YoY

Net Interest Margin (YTD, annualized)

3.59%-85 bps YoY

Efficiency Ratio (YTD, annualized)

150.39%+4,312 bps YoY

Net Worth / Assets

12.23%-289 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets-0.34%-0.13%-0.22%-0.47%-3.67%-334 bps
Return on Equity-2.24%-0.90%-1.69%-3.80%-30.04%-2,780 bps
Net Interest Margin4.44%3.79%3.35%3.05%3.59%-85 bps
Efficiency Ratio107.26%103.24%106.26%114.61%150.39%+4,312 bps
Growth
Asset Growth (YoY)-0.48%14.69%2.29%3.15%-4.96%-448 bps
Loan Growth (YoY)-16.81%-12.47%-17.41%-24.13%-36.00%-1,919 bps
Share Growth (YoY)1.13%18.57%2.86%4.26%-1.46%-260 bps
Asset Quality
Delinquent Loans / Loans2.78%3.92%5.56%6.03%7.81%+504 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.29%2.29%2.61%2.97%3.16%+88 bps
Capital
Risk-Based Capital15.12%14.41%13.24%12.40%12.23%-289 bps
Net Worth / Assets15.12%14.41%13.24%12.40%12.23%-289 bps
Liquidity & Funding
Loans / Shares45.06%42.68%34.15%28.32%29.26%-1,580 bps
Liquid Assets / Assets61.87%56.18%70.42%75.06%74.15%+1,228 bps