PackageTrendsPeer
Letter portraitLegal landscape

R E A

Washington, DC · Charter 1349

Q1 2009

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 2009, the quarter ended March 31, 2009, 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

R E A

Washington, DC · Charter 1349

Q1 2009

$2.8MAssets
$1.8MLoans
$2.8MShares
$-65KNet 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 -99.92%, down 9,918 bps year over year; NIM at 4.65%.
  • Asset quality: problem loans at 6.21% of loans (+28 bps YoY).
  • Capital: net worth / assets of -2.36%, down 1,787 bps from a year ago.
  • Funding: loans stand at 63.51% of shares as of Q1 2009.

Financial Results

Return on Assets (YTD, annualized)

-99.92%-9,918 bps YoY

Net Interest Margin (YTD, annualized)

4.65%+159 bps YoY

Efficiency Ratio (YTD, annualized)

434%+33,783 bps YoY

Net Worth / Assets

-2.36%-1,787 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets-0.74%-2.44%-1.46%-0.83%-99.92%-9,918 bps
Return on Equity-4.78%-16.22%-9.19%-5.27%n/an/a
Net Interest Margin3.06%3.51%3.89%3.85%4.65%+159 bps
Efficiency Ratio96.56%94.11%87.88%84.30%434%+33,783 bps
Growth
Asset Growth (YoY)-10.35%-12.53%-10.04%-5.14%-34.09%-2,373 bps
Loan Growth (YoY)-9.53%-10.05%-12.28%-13.35%-34.49%-2,496 bps
Share Growth (YoY)-11.73%-13.22%-10.48%-4.89%-19.62%-789 bps
Asset Quality
Delinquent Loans / Loans5.93%7.67%10.85%11.51%6.21%+28 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.58%2.91%3.10%1.61%4.28%+371 bps
Capital
Risk-Based Capital15.51%15.02%15.94%15.83%-2.36%-1,787 bps
Net Worth / Assets15.51%15.02%15.94%15.83%-2.36%-1,787 bps
Liquidity & Funding
Loans / Shares77.92%79.61%82.30%76.26%63.51%-1,441 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps