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Union Grove Baptist Church

Columbus, OH · Charter 12979

Q4 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: Q4 2008, the quarter ended December 31, 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

Union Grove Baptist Church

Columbus, OH · Charter 12979

Q4 2008

$164KAssets
$77KLoans
$132KShares
$31KNet 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 -7.99%, down 858 bps year over year; NIM at 6.48%.
  • Asset quality: problem loans at 13.64% of loans (-951 bps YoY).
  • Capital: net worth / assets of 18.69%, up 395 bps from a year ago.
  • Funding: loans stand at 58.28% of shares as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-7.99%-858 bps YoY

Net Interest Margin (YTD, annualized)

6.48%+226 bps YoY

Efficiency Ratio (YTD, annualized)

114.18%+2,704 bps YoY

Net Worth / Assets

18.69%+395 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.59%20.16%-7.21%-6.37%-7.99%-858 bps
Return on Equity3.99%138.36%-58.44%-48.53%-42.74%-4,673 bps
Net Interest Margin4.23%23.21%4.62%4.68%6.48%+226 bps
Efficiency Ratio87.14%19.09%76.87%102.32%114.18%+2,704 bps
Growth
Asset Growth (YoY)-11.25%-16.17%-20.45%-18.25%-45.23%-3,398 bps
Loan Growth (YoY)-34.05%-29.93%-44.24%2.87%8.28%+4,233 bps
Share Growth (YoY)-12.76%-18.65%-20.37%-17.35%-47.74%-3,498 bps
Asset Quality
Delinquent Loans / Loans23.14%28.34%21.47%14.70%13.64%-951 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.04%6.02%14.87%14.74%14.13%+909 bps
Capital
Risk-Based Capital14.74%14.57%12.33%13.12%18.69%+395 bps
Net Worth / Assets14.74%14.57%12.33%13.12%18.69%+395 bps
Liquidity & Funding
Loans / Shares28.13%27.19%21.30%33.85%58.28%+3,015 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps