Salem, VA · Charter 20788
Q3 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2005, the quarter ended September 30, 2005, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Salem, VA · Charter 20788
Q3 2005
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.34% | -1.95% | 0.86% | 0.45% | -2.54% | -288 bps | |
| Return on Equity | 3.43% | -23.37% | 10.30% | 5.19% | -37.28% | -4,071 bps | |
| Net Interest Margin | 3.43% | 3.74% | 3.92% | 4.18% | 4.44% | +101 bps | |
| Efficiency Ratio | 89.78% | 96.50% | 78.04% | 79.66% | 146.10% | +5,631 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.33% | -7.18% | -7.45% | -9.93% | -13.73% | -1,340 bps | |
| Loan Growth (YoY) | -1.79% | 4.73% | -0.58% | -3.12% | -1.75% | +4 bps | |
| Share Growth (YoY) | -0.78% | -4.55% | -6.43% | -9.24% | -10.55% | -978 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 5.01% | 1.22% | 2.52% | 1.85% | 1.45% | -356 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.52% | 2.39% | 2.92% | 3.05% | 3.32% | +180 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.92% | 8.36% | 8.32% | 8.70% | 6.82% | -310 bps | |
| Net Worth / Assets | 9.92% | 8.36% | 8.32% | 8.70% | 6.82% | -310 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 53.57% | 57.67% | 53.98% | 56.21% | 58.84% | +527 bps | |
| Liquid Assets / Assets | 43.30% | 38.20% | 42.94% | 41.04% | 37.56% | -574 bps | |