PackageTrendsPeer
Letter portraitLegal landscape

Rentex Employees

Baltimore, MD · Charter 14451

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

Rentex Employees

Baltimore, MD · Charter 14451

Q3 2003

$17KAssets
$24KLoans
$2KShares
$1KNet 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 1.35%, up 336 bps year over year; NIM at 1.54%.
  • Asset quality: problem loans at 94.29% of loans (+910 bps YoY).
  • Capital: net worth / assets of 6.57%, down 6 bps from a year ago.
  • Funding: loans stand at 1184.00% of shares as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

1.35%+336 bps YoY

Net Interest Margin (YTD, annualized)

1.54%-628 bps YoY

Efficiency Ratio (YTD, annualized)

12.31%-11,337 bps YoY

Net Worth / Assets

6.57%-6 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets-2.01%-1.66%0.59%0.66%1.35%+336 bps
Return on Equity-30.32%-23.35%9.52%10.27%20.58%+5,090 bps
Net Interest Margin7.82%6.92%5.28%4.38%1.54%-628 bps
Efficiency Ratio125.68%124.03%195.88%150.00%12.31%-11,337 bps
Growth
Asset Growth (YoY)-37.11%-31.65%-10.53%-7.99%-7.21%+2,990 bps
Loan Growth (YoY)-37.69%-13.05%-13.23%-9.90%-11.75%+2,595 bps
Share Growth (YoY)-58.85%-73.22%-33.88%-28.09%-37.33%+2,152 bps
Asset Quality
Delinquent Loans / Loans85.19%85.01%85.01%88.10%94.29%+910 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans44.27%44.66%44.43%46.05%49.29%+502 bps
Capital
Risk-Based Capital6.63%7.12%6.17%6.39%6.57%-6 bps
Net Worth / Assets6.63%7.12%6.17%6.39%6.57%-6 bps
Liquidity & Funding
Loans / Shares841%1398%757%762%1184%+34,323 bps
Liquid Assets / Assets14.16%11.70%5.08%9.63%12.26%-190 bps