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Kingdom

Norfolk, VA · Charter 24610

Q1 2012

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: Q1 2012, the quarter ended March 31, 2012, 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

Kingdom

Norfolk, VA · Charter 24610

Q1 2012

$428KAssets
$105KLoans
$404KShares
$27KNet 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 -5.08%, up 366 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 1.89% of loans (-1,202 bps YoY).
  • Capital: net worth / assets of 6.22%, down 415 bps from a year ago.
  • Funding: loans stand at 25.91% of shares as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

-5.08%+366 bps YoY

Net Interest Margin (YTD, annualized)

2.94%+21 bps YoY

Efficiency Ratio (YTD, annualized)

200%-11,305 bps YoY

Net Worth / Assets

6.22%-415 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets-8.74%-5.29%-10.07%-11.03%-5.08%+366 bps
Return on Equity-84.28%-52.60%-111.57%-145.92%-81.72%+257 bps
Net Interest Margin2.73%2.56%3.41%3.71%2.94%+21 bps
Efficiency Ratio313%173.14%174.45%191.89%200%-11,305 bps
Growth
Asset Growth (YoY)-16.26%-12.55%-26.44%-39.10%-30.55%-1,429 bps
Loan Growth (YoY)-41.05%-40.24%-42.42%-39.17%-20.50%+2,055 bps
Share Growth (YoY)-9.06%-4.31%-17.43%-31.27%-26.62%-1,756 bps
Asset Quality
Delinquent Loans / Loans13.92%10.91%7.92%1.83%1.89%-1,202 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.60%2.71%9.52%10.39%12.20%+561 bps
Capital
Risk-Based Capital10.37%10.06%9.02%7.56%6.22%-415 bps
Net Worth / Assets10.37%10.06%9.02%7.56%6.22%-415 bps
Liquidity & Funding
Loans / Shares23.91%23.35%29.24%30.89%25.91%+199 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps