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North Central West Virginia I B E W

Morgantown, WV · Charter 17462

Q3 2006

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 2006, the quarter ended September 30, 2006, 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 Central West Virginia I B E W

Morgantown, WV · Charter 17462

Q3 2006

$204KAssets
$103KLoans
$184KShares
$19KNet 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 -8.61%, down 896 bps year over year; NIM at 6.81%.
  • Asset quality: problem loans at 18.99% of loans (-1,299 bps YoY).
  • Capital: net worth / assets of 9.39%, up 244 bps from a year ago.
  • Funding: loans stand at 55.82% of shares as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

-8.61%-896 bps YoY

Net Interest Margin (YTD, annualized)

6.81%+441 bps YoY

Efficiency Ratio (YTD, annualized)

70.94%-1,503 bps YoY

Net Worth / Assets

9.39%+244 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.36%0.18%-13.79%-9.07%-8.61%-896 bps
Return on Equity5.14%2.73%-341%-93.80%-91.64%-9,678 bps
Net Interest Margin2.40%2.12%3.92%9.52%6.81%+441 bps
Efficiency Ratio85.97%92.09%64.50%46.42%70.94%-1,503 bps
Growth
Asset Growth (YoY)144.16%144.91%120.27%10.23%-56.66%-20,082 bps
Loan Growth (YoY)-24.70%-2.26%-12.82%15.82%9.89%+3,459 bps
Share Growth (YoY)169.96%170.25%152.62%18.23%-57.80%-22,776 bps
Asset Quality
Delinquent Loans / Loans31.98%26.31%14.71%14.10%18.99%-1,299 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.16%0.98%5.57%8.63%11.05%+989 bps
Capital
Risk-Based Capital6.95%6.52%4.05%9.67%9.39%+244 bps
Net Worth / Assets6.95%6.52%4.05%9.67%9.39%+244 bps
Liquidity & Funding
Loans / Shares21.44%24.18%22.85%53.15%55.82%+3,438 bps
Liquid Assets / Assets79.11%76.69%77.68%0.00%0.00%-7,911 bps