PackageTrendsPeer
Letter portraitLegal landscape

BBM

Birmingham, AL · Charter 13592

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

BBM

Birmingham, AL · Charter 13592

Q3 2008

$689KAssets
$870KLoans
$1.3MShares
$-568KNet 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 -156.34%, down 15,526 bps year over year; NIM at 11.25%.
  • Asset quality: problem loans at 15.56% of loans (+1,127 bps YoY).
  • Capital: net worth / assets of -82.39%, down 9,752 bps from a year ago.
  • Funding: loans stand at 69.26% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-156.34%-15,526 bps YoY

Net Interest Margin (YTD, annualized)

11.25%+668 bps YoY

Efficiency Ratio (YTD, annualized)

142.51%+2,099 bps YoY

Net Worth / Assets

-82.39%-9,752 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-1.08%-0.57%-58.78%-67.57%-156.34%-15,526 bps
Return on Equity-7.15%-4.22%-6802%n/an/an/a
Net Interest Margin4.57%4.64%7.36%6.73%11.25%+668 bps
Efficiency Ratio121.52%111.05%80.15%119.98%142.51%+2,099 bps
Growth
Asset Growth (YoY)-3.60%8.41%-2.85%-17.30%-56.13%-5,252 bps
Loan Growth (YoY)-1.85%0.57%-1.19%3.82%-42.03%-4,018 bps
Share Growth (YoY)-4.14%10.91%13.98%13.24%-4.97%-83 bps
Asset Quality
Delinquent Loans / Loans4.29%1.75%29.98%45.48%15.56%+1,127 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.64%2.22%17.95%30.63%21.59%+1,896 bps
Capital
Risk-Based Capital15.13%13.46%0.86%-15.40%-82.39%-9,752 bps
Net Worth / Assets15.13%13.46%0.86%-15.40%-82.39%-9,752 bps
Liquidity & Funding
Loans / Shares113.54%98.56%98.20%100.75%69.26%-4,428 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps