PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Fifth Street Baptist Church

Richmond, VA · Charter 20177

Q3 2011

$67KAssets
$12KLoans
$53KShares
$13KNet 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 -8.78%, down 1,372 bps year over year; NIM at 2.33%.
  • Asset quality: problem loans at 18.71% of loans (-1,528 bps YoY).
  • Capital: net worth / assets of 19.77%, down 1,048 bps from a year ago.
  • Funding: loans stand at 21.95% of shares as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

-8.78%-1,372 bps YoY

Net Interest Margin (quarter, annualized)

2.33%-566 bps YoY

Efficiency Ratio (quarter, annualized)

146.65%+8,101 bps YoY

Net Worth / Assets

19.77%-1,048 bps YoY

Discrete quarter, annualized.

MetricQ1 2010Q3 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets4.94%-1.18%-8.98%-13.83%-8.78%-1,372 bps
Return on Equity16.33%-4.17%-36.81%-66.09%-44.44%-6,077 bps
Net Interest Margin7.99%7.95%2.86%2.15%2.33%-566 bps
Efficiency Ratio65.64%115.21%389%168.74%146.65%+8,101 bps
Growth
Asset Growth (YoY)-26.43%-5.78%-12.34%-6.35%-2.66%+2,377 bps
Loan Growth (YoY)-39.34%-54.89%-84.97%-64.25%-65.01%-2,568 bps
Share Growth (YoY)-24.22%-9.39%-9.17%5.35%12.43%+3,665 bps
Asset Quality
Delinquent Loans / Loans33.98%25.49%21.30%7.69%18.71%-1,528 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans19.42%33.06%36.45%45.03%62.58%+4,315 bps
Capital
Risk-Based Capital30.24%28.34%24.38%20.93%19.77%-1,048 bps
Net Worth / Assets30.24%28.34%24.38%20.93%19.77%-1,048 bps
Liquidity & Funding
Loans / Shares70.55%46.00%14.39%29.90%21.95%-4,860 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps