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1st Alliance Xxi

Akron, NY · Charter 21214

Q4 2004

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 2004, the quarter ended December 31, 2004, 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

1st Alliance Xxi

Akron, NY · Charter 21214

Q4 2004

$774KAssets
$469KLoans
$571KShares
$198KNet 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 -9.08%, down 961 bps year over year; NIM at 11.37%.
  • Asset quality: problem loans at 0.00% of loans (-449 bps YoY).
  • Capital: net worth / assets of 25.54%, up 888 bps from a year ago.
  • Funding: loans stand at 82.14% of shares as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

-9.08%-961 bps YoY

Net Interest Margin (YTD, annualized)

11.37%+503 bps YoY

Efficiency Ratio (YTD, annualized)

154.86%+6,272 bps YoY

Net Worth / Assets

25.54%+888 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets0.53%0.15%-0.20%-4.21%-9.08%-961 bps
Return on Equity3.19%0.87%-1.10%-24.55%-35.55%-3,875 bps
Net Interest Margin6.34%5.94%5.92%6.88%11.37%+503 bps
Efficiency Ratio92.13%97.54%103.11%130.65%154.86%+6,272 bps
Growth
Asset Growth (YoY)-10.68%-14.49%-14.63%-21.60%-51.88%-4,120 bps
Loan Growth (YoY)-0.27%-2.81%2.75%-13.80%-62.23%-6,196 bps
Share Growth (YoY)-12.02%-17.14%-17.02%-23.41%-57.19%-4,517 bps
Asset Quality
Delinquent Loans / Loans4.49%4.06%4.24%0.39%0.00%-449 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.84%4.10%4.08%2.35%4.05%+22 bps
Capital
Risk-Based Capital16.66%17.28%17.77%17.16%25.54%+888 bps
Net Worth / Assets16.66%17.28%17.77%17.16%25.54%+888 bps
Liquidity & Funding
Loans / Shares93.11%92.65%98.04%98.88%82.14%-1,097 bps
Liquid Assets / Assets19.55%21.06%17.02%15.02%26.64%+709 bps