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North Gulfport Community

Gulfport, MS · Charter 17227

Q4 2004

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 2004, the quarter ended December 31, 2004, 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

North Gulfport Community

Gulfport, MS · Charter 17227

Q4 2004

$719KAssets
$341KLoans
$736KShares
$-18KNet 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 -8.09%, up 59 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 33.93% of loans (+1,880 bps YoY).
  • Capital: net worth / assets of -2.57%, down 797 bps from a year ago.
  • Funding: loans stand at 46.37% of shares as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

-8.09%+59 bps YoY

Net Interest Margin (YTD, annualized)

2.86%-353 bps YoY

Efficiency Ratio (YTD, annualized)

128.12%+3,559 bps YoY

Net Worth / Assets

-2.57%-797 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets-8.68%2.59%-11.88%-7.59%-8.09%+59 bps
Return on Equity-160.73%41.72%n/an/an/an/a
Net Interest Margin6.39%4.82%4.89%5.07%2.86%-353 bps
Efficiency Ratio92.54%60.96%75.01%78.68%128.12%+3,559 bps
Growth
Asset Growth (YoY)-9.23%-10.27%-14.97%-9.31%-12.37%-314 bps
Loan Growth (YoY)-34.45%-36.96%-36.90%-38.43%-22.02%+1,243 bps
Share Growth (YoY)-12.17%-11.84%-9.74%-4.71%-4.65%+752 bps
Asset Quality
Delinquent Loans / Loans15.13%25.31%24.11%20.21%33.93%+1,880 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.02%8.74%10.27%11.56%12.40%+1,038 bps
Capital
Risk-Based Capital5.40%6.21%-0.73%-0.50%-2.57%-797 bps
Net Worth / Assets5.40%6.21%-0.73%-0.50%-2.57%-797 bps
Liquidity & Funding
Loans / Shares56.70%53.63%52.28%47.34%46.37%-1,033 bps
Liquid Assets / Assets43.19%47.43%44.56%48.17%47.74%+456 bps