Providence, RI · Charter 24607
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Providence, RI · Charter 24607
Q3 2003
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.49% | 0.21% | 0.42% | -1.19% | -5.38% | -489 bps | |
| Return on Equity | -2.02% | 0.84% | 1.84% | -5.16% | -27.23% | -2,522 bps | |
| Net Interest Margin | 5.75% | 5.46% | 4.85% | 4.90% | 0.39% | -536 bps | |
| Efficiency Ratio | 86.37% | 86.85% | 84.29% | 82.92% | 853% | +76,705 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.85% | -0.89% | 12.88% | 2.61% | 4.16% | -68 bps | |
| Loan Growth (YoY) | 0.36% | -0.19% | -2.85% | -14.81% | -14.19% | -1,455 bps | |
| Share Growth (YoY) | 7.93% | -0.31% | 17.05% | 4.35% | 10.78% | +284 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.57% | 2.69% | 1.94% | 1.58% | 0.76% | -281 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.79% | 1.17% | 0.17% | 2.24% | 2.52% | -26 bps | |
| Capital | |||||||
| Risk-Based Capital | 24.19% | 24.88% | 22.91% | 23.02% | 19.74% | -445 bps | |
| Net Worth / Assets | 24.19% | 24.88% | 22.91% | 23.02% | 19.74% | -445 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 86.65% | 82.98% | 71.36% | 70.45% | 67.12% | -1,953 bps | |
| Liquid Assets / Assets | 33.06% | 34.93% | 42.76% | 43.82% | 39.18% | +612 bps | |