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Ceramic

East Sparta, OH · Charter 12574

Q3 2008

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 2008, the quarter ended September 30, 2008, 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

Ceramic

East Sparta, OH · Charter 12574

Q3 2008

$1.9MAssets
$523KLoans
$1.6MShares
$376KNet 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 -5.58%, down 608 bps year over year; NIM at 3.24%.
  • Asset quality: problem loans at 8.47% of loans (+465 bps YoY).
  • Capital: net worth / assets of 19.32%, down 14 bps from a year ago.
  • Funding: loans stand at 33.30% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-5.58%-608 bps YoY

Net Interest Margin (YTD, annualized)

3.24%-81 bps YoY

Efficiency Ratio (YTD, annualized)

269%+18,451 bps YoY

Net Worth / Assets

19.32%-14 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.50%0.48%-0.80%-0.44%-5.58%-608 bps
Return on Equity2.57%2.33%-3.93%-2.12%-28.86%-3,144 bps
Net Interest Margin4.06%4.15%2.46%2.73%3.24%-81 bps
Efficiency Ratio84.29%85.88%132.23%113.10%269%+18,451 bps
Growth
Asset Growth (YoY)-12.81%-13.82%-11.35%-13.92%-16.87%-406 bps
Loan Growth (YoY)-24.32%-25.80%-29.85%-25.91%-23.47%+86 bps
Share Growth (YoY)-15.74%-17.10%-13.86%-16.84%-16.70%-96 bps
Asset Quality
Delinquent Loans / Loans3.82%6.21%0.85%3.48%8.47%+465 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.61%0.66%0.71%0.90%0.91%+30 bps
Capital
Risk-Based Capital19.46%20.54%20.25%20.73%19.32%-14 bps
Net Worth / Assets19.46%20.54%20.25%20.73%19.32%-14 bps
Liquidity & Funding
Loans / Shares36.25%36.23%32.39%31.76%33.30%-294 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps