PackageTrendsPeer
Letter portraitLegal landscape

CF Glass Employees

Central Falls, RI · Charter 2369

Q3 2002

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 2002, the quarter ended September 30, 2002, 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

CF Glass Employees

Central Falls, RI · Charter 2369

Q3 2002

$1.3MAssets
$778KLoans
$1.0MShares
$272KNet 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 -1.80%, down 260 bps year over year; NIM at 6.09%.
  • Asset quality: problem loans at 5.30% of loans (+241 bps YoY).
  • Capital: net worth / assets of 20.50%, down 600 bps from a year ago.
  • Funding: loans stand at 74.85% of shares as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

-1.80%-260 bps YoY

Net Interest Margin (YTD, annualized)

6.09%-97 bps YoY

Efficiency Ratio (YTD, annualized)

73.47%-862 bps YoY

Net Worth / Assets

20.50%-600 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2000Q2 2001Q4 2001Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.80%0.46%0.66%-2.19%-1.80%-260 bps
Return on Equity3.01%1.71%2.28%-11.27%-8.78%-1,179 bps
Net Interest Margin7.06%6.87%6.88%6.17%6.09%-97 bps
Efficiency Ratio82.09%67.67%69.01%69.66%73.47%-862 bps
Growth
Asset Growth (YoY)-8.68%-18.95%-10.55%-19.14%-16.72%-804 bps
Loan Growth (YoY)-2.65%-13.30%-9.90%-41.22%-48.80%-4,615 bps
Share Growth (YoY)-19.59%-25.83%-15.76%-14.43%-2.81%+1,677 bps
Asset Quality
Delinquent Loans / Loans2.90%3.65%3.05%2.02%5.30%+241 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.88%0.87%1.04%1.52%2.16%+128 bps
Capital
Risk-Based Capital26.50%26.85%28.71%19.45%20.50%-600 bps
Net Worth / Assets26.50%26.85%28.71%19.45%20.50%-600 bps
Liquidity & Funding
Loans / Shares142.07%120.13%117.39%79.29%74.85%-6,722 bps
Liquid Assets / Assets2.58%10.48%15.75%35.23%37.32%+3,474 bps