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Canaan Baptist

Bessemer, AL · Charter 16523

Q1 2010

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 2010, the quarter ended March 31, 2010, 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

Canaan Baptist

Bessemer, AL · Charter 16523

Q1 2010

$787KAssets
$650KLoans
$830KShares
$-44KNet 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 -15.37%, up 1,021 bps year over year; NIM at 8.88%.
  • Asset quality: problem loans at 20.93% of loans (+1,004 bps YoY).
  • Capital: net worth / assets of -5.63%, down 1,801 bps from a year ago.
  • Funding: loans stand at 78.32% of shares as of Q1 2010.

Financial Results

Return on Assets (YTD, annualized)

-15.37%+1,021 bps YoY

Net Interest Margin (YTD, annualized)

8.88%+379 bps YoY

Efficiency Ratio (YTD, annualized)

270%+16,768 bps YoY

Net Worth / Assets

-5.63%-1,801 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2009Q2 2009Q3 2009Q4 2009Q1 2010YoY ΔTrend
Earnings
Return on Assets-25.58%-12.25%-17.82%-24.26%-15.37%+1,021 bps
Return on Equity-207%-97.42%-239%n/an/an/a
Net Interest Margin5.09%5.61%6.40%7.18%8.88%+379 bps
Efficiency Ratio102.12%112.90%114.08%117.76%270%+16,768 bps
Growth
Asset Growth (YoY)-1.98%-6.74%-12.31%-17.21%-22.18%-2,019 bps
Loan Growth (YoY)-12.43%-15.25%-9.69%6.15%-18.92%-649 bps
Share Growth (YoY)4.36%-0.69%0.70%2.62%-5.11%-948 bps
Asset Quality
Delinquent Loans / Loans10.90%11.47%11.19%7.87%20.93%+1,004 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.94%4.38%11.11%15.63%17.42%+1,348 bps
Capital
Risk-Based Capital12.39%12.57%7.46%-1.67%-5.63%-1,801 bps
Net Worth / Assets12.39%12.57%7.46%-1.67%-5.63%-1,801 bps
Liquidity & Funding
Loans / Shares91.66%86.20%90.54%83.59%78.32%-1,334 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps