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C. M.

Damascus, VA · Charter 23938

NCUA · 1 branch

Q3 2020

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 2020, the quarter ended September 30, 2020, 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

C. M.

Damascus, VA · Charter 23938

NCUA · 1 branch

Q3 2020

$5.3MAssets
$4.2MLoans
$5.2MShares
$145KNet 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 -4.52%, down 390 bps year over year; NIM at 6.15%.
  • Asset quality: problem loans at 13.78% of loans (+88 bps YoY).
  • Capital: net worth / assets of 2.73%, down 395 bps from a year ago.
  • Funding: loans stand at 80.99% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

-4.52%-390 bps YoY

Net Interest Margin (YTD, annualized)

6.15%-59 bps YoY

Efficiency Ratio (YTD, annualized)

131.46%+2,304 bps YoY

Net Worth / Assets

2.73%-395 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets-0.62%-2.77%-11.16%-5.73%-4.52%-390 bps
Return on Equity-9.25%-55.64%-333%-181.29%-165.62%-15,636 bps
Net Interest Margin6.74%7.07%6.93%6.15%6.15%-59 bps
Efficiency Ratio108.42%108.48%167.64%134.53%131.46%+2,304 bps
Growth
Asset Growth (YoY)7.76%5.68%-6.06%-1.90%-7.83%-1,559 bps
Loan Growth (YoY)6.43%5.15%-0.75%-11.41%-11.05%-1,748 bps
Share Growth (YoY)18.29%18.12%-0.41%4.50%-3.65%-2,194 bps
Asset Quality
Delinquent Loans / Loans12.90%18.28%7.61%7.56%13.78%+88 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.83%2.38%0.78%0.84%1.00%+17 bps
Capital
Risk-Based Capital6.67%4.97%3.35%3.16%2.73%-395 bps
Net Worth / Assets6.67%4.97%3.35%3.16%2.73%-395 bps
Liquidity & Funding
Loans / Shares87.73%91.25%87.12%79.72%80.99%-674 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps