PackageTrendsPeer
Letter portraitLegal landscape

Ceco Emp

Chambersburg, PA · Charter 19022

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

Ceco Emp

Chambersburg, PA · Charter 19022

Q4 2002

$231KAssets
$91KLoans
$200KShares
$31KNet 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 -0.24%, down 29 bps year over year; NIM at 3.14%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 13.55%, up 147 bps from a year ago.
  • Funding: loans stand at 45.47% of shares as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

-0.24%-29 bps YoY

Net Interest Margin (YTD, annualized)

3.14%-101 bps YoY

Efficiency Ratio (YTD, annualized)

95.31%+1,458 bps YoY

Net Worth / Assets

13.55%+147 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2001Q4 2001Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets0.05%-0.14%0.03%0.59%-0.24%-29 bps
Return on Equity0.43%-1.14%0.23%4.47%-1.78%-221 bps
Net Interest Margin4.15%3.94%3.28%3.65%3.14%-101 bps
Efficiency Ratio80.73%89.86%89.72%78.21%95.31%+1,458 bps
Growth
Asset Growth (YoY)-9.59%-14.81%-11.72%-5.41%-13.59%-400 bps
Loan Growth (YoY)-29.88%-41.65%-51.43%-57.22%-52.35%-2,247 bps
Share Growth (YoY)-11.20%-16.68%-13.16%-6.46%-14.98%-378 bps
Asset Quality
Delinquent Loans / Loans0.00%3.77%4.84%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.54%5.33%7.15%2.78%3.91%-63 bps
Capital
Risk-Based Capital12.08%12.29%12.48%13.20%13.55%+147 bps
Net Worth / Assets12.08%12.29%12.48%13.20%13.55%+147 bps
Liquidity & Funding
Loans / Shares81.13%74.63%59.16%50.70%45.47%-3,566 bps
Liquid Assets / Assets31.04%37.13%51.00%56.28%61.18%+3,015 bps