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CP Works Employees

McKeesport, PA · Charter 13943

Q3 2002

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 2002, the quarter ended September 30, 2002, 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

CP Works Employees

McKeesport, PA · Charter 13943

Q3 2002

$498KAssets
$376KLoans
$430KShares
$68KNet 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 -10.06%, down 1,065 bps year over year; NIM at 6.10%.
  • Asset quality: problem loans at 54.71% of loans (+5,359 bps YoY).
  • Capital: net worth / assets of 13.74%, down 425 bps from a year ago.
  • Funding: loans stand at 87.57% of shares as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

-10.06%-1,065 bps YoY

Net Interest Margin (YTD, annualized)

6.10%+150 bps YoY

Efficiency Ratio (YTD, annualized)

88.48%+43 bps YoY

Net Worth / Assets

13.74%-425 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2000Q2 2001Q4 2001Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.59%1.17%1.16%0.27%-10.06%-1,065 bps
Return on Equity3.26%6.67%6.45%1.40%-73.25%-7,651 bps
Net Interest Margin4.59%5.19%5.16%4.83%6.10%+150 bps
Efficiency Ratio88.06%78.30%78.30%94.68%88.48%+43 bps
Growth
Asset Growth (YoY)4.88%13.34%13.13%-4.82%-17.71%-2,259 bps
Loan Growth (YoY)8.00%18.39%30.60%-15.77%-29.99%-3,799 bps
Share Growth (YoY)6.10%12.87%10.29%-6.81%-13.13%-1,923 bps
Asset Quality
Delinquent Loans / Loans1.12%10.49%5.80%38.32%54.71%+5,359 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.55%1.36%1.36%3.10%14.19%+1,263 bps
Capital
Risk-Based Capital17.98%17.50%17.98%19.15%13.74%-425 bps
Net Worth / Assets17.98%17.50%17.98%19.15%13.74%-425 bps
Liquidity & Funding
Loans / Shares108.66%121.97%121.97%94.51%87.57%-2,109 bps
Liquid Assets / Assets10.44%4.41%4.97%25.00%0.91%-953 bps