PackageTrendsPeer
Letter portraitLegal landscape

St. John Latvian

Newtown Square, PA · Charter 19361

Q3 2008

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 2008, the quarter ended September 30, 2008, 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

St. John Latvian

Newtown Square, PA · Charter 19361

Q3 2008

$926KAssets
$22KLoans
$674KShares
$217KNet 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 0.45%, down 25 bps year over year; NIM at 2.31%.
  • Asset quality: problem loans at 16.30% of loans (-1,272 bps YoY).
  • Capital: net worth / assets of 23.41%, up 107 bps from a year ago.
  • Funding: loans stand at 3.21% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

0.45%-25 bps YoY

Net Interest Margin (YTD, annualized)

2.31%-90 bps YoY

Efficiency Ratio (YTD, annualized)

85.05%+675 bps YoY

Net Worth / Assets

23.41%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.70%0.58%0.03%-0.20%0.45%-25 bps
Return on Equity3.15%2.59%0.12%-0.86%1.94%-121 bps
Net Interest Margin3.21%3.12%2.57%2.52%2.31%-90 bps
Efficiency Ratio78.30%81.59%98.93%107.88%85.05%+675 bps
Growth
Asset Growth (YoY)-3.03%-3.28%-6.23%-6.67%-2.96%+7 bps
Loan Growth (YoY)-45.85%-36.80%-34.70%-45.73%-70.94%-2,509 bps
Share Growth (YoY)-4.45%-4.77%-8.47%-8.70%-8.40%-395 bps
Asset Quality
Delinquent Loans / Loans29.02%28.63%29.53%9.28%16.30%-1,272 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans14.17%15.46%17.22%23.01%25.68%+1,151 bps
Capital
Risk-Based Capital22.34%22.40%23.09%23.28%23.41%+107 bps
Net Worth / Assets22.34%22.40%23.09%23.28%23.41%+107 bps
Liquidity & Funding
Loans / Shares10.12%9.18%8.57%6.59%3.21%-691 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps