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Coastal Waters

Mobile, AL · Charter 18335

Q4 2009

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 2009, the quarter ended December 31, 2009, 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

Coastal Waters

Mobile, AL · Charter 18335

Q4 2009

$4.8MAssets
$3.3MLoans
$4.1MShares
$-932KNet 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 -21.57%, down 925 bps year over year; NIM at 5.05%.
  • Asset quality: problem loans at 36.95% of loans (+2,501 bps YoY).
  • Capital: net worth / assets of -19.44%, down 2,112 bps from a year ago.
  • Funding: loans stand at 78.89% of shares as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-21.57%-925 bps YoY

Net Interest Margin (YTD, annualized)

5.05%-260 bps YoY

Efficiency Ratio (YTD, annualized)

108.56%+3,114 bps YoY

Net Worth / Assets

-19.44%-2,112 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-12.32%1.82%0.29%-25.23%-21.57%-925 bps
Return on Equity-737%78.55%14.02%n/an/an/a
Net Interest Margin7.65%6.83%5.76%5.45%5.05%-260 bps
Efficiency Ratio77.42%81.26%94.35%99.65%108.56%+3,114 bps
Growth
Asset Growth (YoY)-14.07%-21.97%-26.47%-26.13%-21.48%-741 bps
Loan Growth (YoY)-8.32%-15.99%-20.87%-37.13%-39.98%-3,166 bps
Share Growth (YoY)-0.88%-9.71%-16.38%-22.72%-29.90%-2,903 bps
Asset Quality
Delinquent Loans / Loans11.95%27.57%35.88%25.44%36.95%+2,501 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.50%8.47%7.73%11.18%8.28%+178 bps
Capital
Risk-Based Capital1.67%2.31%2.03%-16.98%-19.44%-2,112 bps
Net Worth / Assets1.67%2.31%2.03%-16.98%-19.44%-2,112 bps
Liquidity & Funding
Loans / Shares92.15%96.26%94.84%82.35%78.89%-1,325 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps