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District 8

Fountain, CO · Charter 12861

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

District 8

Fountain, CO · Charter 12861

Q3 2003

$3.4MAssets
$2.5MLoans
$3.3MShares
$57KNet 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 -5.78%, down 342 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 12.66% of loans (+355 bps YoY).
  • Capital: net worth / assets of 1.69%, down 873 bps from a year ago.
  • Funding: loans stand at 74.24% of shares as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

-5.78%-342 bps YoY

Net Interest Margin (YTD, annualized)

4.24%-80 bps YoY

Efficiency Ratio (YTD, annualized)

175.90%+9,778 bps YoY

Net Worth / Assets

1.69%-873 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets-2.36%-4.64%-0.49%-6.55%-5.78%-342 bps
Return on Equity-22.63%-60.24%-10.47%-331%-343%-32,003 bps
Net Interest Margin5.05%5.13%4.17%4.04%4.24%-80 bps
Efficiency Ratio78.13%86.37%99.30%178.94%175.90%+9,778 bps
Growth
Asset Growth (YoY)10.22%6.61%-2.08%-13.94%-23.09%-3,331 bps
Loan Growth (YoY)-3.54%-8.48%-18.17%-27.11%-31.91%-2,837 bps
Share Growth (YoY)14.61%14.50%7.89%-4.10%-15.54%-3,015 bps
Asset Quality
Delinquent Loans / Loans9.11%9.13%9.02%9.02%12.66%+355 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.10%0.14%3.97%4.59%5.86%+376 bps
Capital
Risk-Based Capital10.41%7.71%4.69%1.98%1.69%-873 bps
Net Worth / Assets10.41%7.71%4.69%1.98%1.69%-873 bps
Liquidity & Funding
Loans / Shares92.09%82.25%76.24%73.69%74.24%-1,785 bps
Liquid Assets / Assets15.74%20.51%26.20%27.31%27.33%+1,160 bps