PackageTrendsPeer
Letter portraitLegal landscape

I U O E Local 542 Dist 4

Halifax, PA · Charter 15525

Q4 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: Q4 2002, the quarter ended December 31, 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

I U O E Local 542 Dist 4

Halifax, PA · Charter 15525

Q4 2002

$1.5MAssets
$327KLoans
$1.2MShares
$254KNet 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 -1.80%, down 232 bps year over year; NIM at 2.32%.
  • Asset quality: problem loans at 4.82% of loans (-231 bps YoY).
  • Capital: net worth / assets of 16.99%, down 174 bps from a year ago.
  • Funding: loans stand at 26.42% of shares as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

-1.80%-232 bps YoY

Net Interest Margin (YTD, annualized)

2.32%-234 bps YoY

Efficiency Ratio (YTD, annualized)

174.74%+9,075 bps YoY

Net Worth / Assets

16.99%-174 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2001Q4 2001Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets0.52%-0.08%-1.55%-1.74%-1.80%-232 bps
Return on Equity2.80%-0.45%-9.35%-10.58%-10.59%-1,339 bps
Net Interest Margin4.66%3.96%2.29%2.20%2.32%-234 bps
Efficiency Ratio83.99%96.23%154.89%175.95%174.74%+9,075 bps
Growth
Asset Growth (YoY)-12.52%-4.60%3.23%0.60%-2.15%+1,038 bps
Loan Growth (YoY)-32.78%-39.25%-35.94%-38.51%-41.95%-917 bps
Share Growth (YoY)-15.04%-6.64%3.94%2.58%-0.03%+1,501 bps
Asset Quality
Delinquent Loans / Loans7.13%5.36%9.34%5.99%4.82%-231 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.14%7.79%10.22%8.43%9.63%+350 bps
Capital
Risk-Based Capital18.73%18.16%16.60%16.48%16.99%-174 bps
Net Worth / Assets18.73%18.16%16.60%16.48%16.99%-174 bps
Liquidity & Funding
Loans / Shares45.51%37.04%31.26%28.41%26.42%-1,908 bps
Liquid Assets / Assets63.05%69.91%74.71%76.48%78.15%+1,510 bps