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New River Valley Truck Plant

Dublin, VA · Charter 22684

Q3 2012

$2.4MAssets
$856KLoans
$2.2MShares
$192KNet 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 -2.12%, up 39 bps year over year; NIM at 2.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY).
  • Capital: net worth / assets of 7.95%, down 209 bps from a year ago.
  • Funding: loans stand at 38.62% of shares as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

-2.12%+39 bps YoY

Net Interest Margin (YTD, annualized)

2.73%+15 bps YoY

Efficiency Ratio (YTD, annualized)

168.93%-2,154 bps YoY

Net Worth / Assets

7.95%-209 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets-2.51%-2.63%-2.64%-2.18%-2.12%+39 bps
Return on Equity-25.00%-24.83%-30.87%-26.12%-26.65%-166 bps
Net Interest Margin2.58%2.90%2.47%2.67%2.73%+15 bps
Efficiency Ratio190.47%183.17%195.20%172.55%168.93%-2,154 bps
Growth
Asset Growth (YoY)13.35%-4.70%10.71%5.89%0.17%-1,318 bps
Loan Growth (YoY)-7.80%4.07%14.91%13.35%7.91%+1,571 bps
Share Growth (YoY)20.97%-1.88%15.25%9.38%2.54%-1,843 bps
Asset Quality
Delinquent Loans / Loans0.00%0.03%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.90%0.93%0.88%0.80%0.83%-7 bps
Capital
Risk-Based Capital10.04%10.59%8.55%8.34%7.95%-209 bps
Net Worth / Assets10.04%10.59%8.55%8.34%7.95%-209 bps
Liquidity & Funding
Loans / Shares36.70%39.70%35.79%40.23%38.62%+192 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps