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Bible Based Fellowship

Tampa, FL · Charter 24609

Q4 2008

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: Q4 2008, the quarter ended December 31, 2008, 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

Bible Based Fellowship

Tampa, FL · Charter 24609

Q4 2008

$359KAssets
$210KLoans
$310KShares
$44KNet 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 -0.01%, down 56 bps year over year; NIM at 4.83%.
  • Asset quality: problem loans at 0.42% of loans (+29 bps YoY).
  • Capital: net worth / assets of 12.25%, up 247 bps from a year ago.
  • Funding: loans stand at 67.74% of shares as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-0.01%-56 bps YoY

Net Interest Margin (YTD, annualized)

4.83%+181 bps YoY

Efficiency Ratio (YTD, annualized)

90.78%+759 bps YoY

Net Worth / Assets

12.25%+247 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.56%-0.06%-0.29%0.41%-0.01%-56 bps
Return on Equity5.70%-0.63%-3.40%4.34%-0.06%-576 bps
Net Interest Margin3.03%2.51%3.13%3.70%4.83%+181 bps
Efficiency Ratio83.19%104.48%84.67%81.75%90.78%+759 bps
Growth
Asset Growth (YoY)30.08%30.43%22.44%-13.08%-33.89%-6,398 bps
Loan Growth (YoY)71.87%98.92%79.57%20.59%16.12%-5,575 bps
Share Growth (YoY)26.59%26.22%25.11%-9.08%-32.90%-5,949 bps
Asset Quality
Delinquent Loans / Loans0.13%0.20%0.15%0.42%0.42%+29 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.01%4.11%4.00%4.00%4.08%+6 bps
Capital
Risk-Based Capital9.78%10.18%8.43%9.40%12.25%+247 bps
Net Worth / Assets9.78%10.18%8.43%9.40%12.25%+247 bps
Liquidity & Funding
Loans / Shares39.14%36.12%49.58%51.64%67.74%+2,860 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps