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I.B.E.W. Local 1203

Pawtucket, RI · Charter 23716

Q3 2005

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 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.

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

I.B.E.W. Local 1203

Pawtucket, RI · Charter 23716

Q3 2005

$351KAssets
$128KLoans
$284KShares
$66KNet 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 -1.64%, down 402 bps year over year; NIM at 5.91%.
  • Asset quality: problem loans at 14.31% of loans (+410 bps YoY).
  • Capital: net worth / assets of 18.71%, up 137 bps from a year ago.
  • Funding: loans stand at 44.90% of shares as of Q3 2005.

Financial Results

Return on Assets (YTD, annualized)

-1.64%-402 bps YoY

Net Interest Margin (YTD, annualized)

5.91%+55 bps YoY

Efficiency Ratio (YTD, annualized)

40.01%-1,610 bps YoY

Net Worth / Assets

18.71%+137 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets2.38%2.38%3.16%3.26%-1.64%-402 bps
Return on Equity13.72%14.07%18.86%16.96%-8.75%-2,247 bps
Net Interest Margin5.36%4.95%5.11%5.47%5.91%+55 bps
Efficiency Ratio56.11%52.31%38.19%40.85%40.01%-1,610 bps
Growth
Asset Growth (YoY)8.90%9.09%11.12%-0.23%-9.20%-1,810 bps
Loan Growth (YoY)-8.03%5.15%1.98%6.95%-13.11%-508 bps
Share Growth (YoY)11.44%7.76%10.04%-3.57%-10.66%-2,210 bps
Asset Quality
Delinquent Loans / Loans10.21%8.72%5.10%11.17%14.31%+410 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans9.55%9.08%3.72%3.89%8.42%-112 bps
Capital
Risk-Based Capital17.34%16.91%16.75%19.24%18.71%+137 bps
Net Worth / Assets17.34%16.91%16.75%19.24%18.71%+137 bps
Liquidity & Funding
Loans / Shares46.17%46.09%38.43%49.30%44.90%-127 bps
Liquid Assets / Assets53.44%53.95%37.46%40.57%29.66%-2,378 bps