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Century Diversified

Minneapolis, MN · Charter 24651

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Century Diversified

Minneapolis, MN · Charter 24651

Q3 2004

$845KAssets
$571KLoans
$646KShares
$197KNet 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 -1.90%, down 83 bps year over year; NIM at 4.49%.
  • Asset quality: problem loans at 2.45% of loans (+16 bps YoY).
  • Capital: net worth / assets of 23.33%, down 123 bps from a year ago.
  • Funding: loans stand at 88.31% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

-1.90%-83 bps YoY

Net Interest Margin (YTD, annualized)

4.49%-94 bps YoY

Efficiency Ratio (YTD, annualized)

141.48%+2,940 bps YoY

Net Worth / Assets

23.33%-123 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-1.08%-1.08%-0.72%-0.99%-1.90%-83 bps
Return on Equity-4.38%-4.87%-3.22%-4.30%-8.16%-378 bps
Net Interest Margin5.43%4.92%4.95%4.72%4.49%-94 bps
Efficiency Ratio112.08%115.89%114.10%123.67%141.48%+2,940 bps
Growth
Asset Growth (YoY)-12.00%-1.19%-2.20%2.10%-2.31%+969 bps
Loan Growth (YoY)-8.96%5.47%0.40%8.74%-1.75%+721 bps
Share Growth (YoY)-13.09%-0.18%-1.28%4.61%-0.77%+1,233 bps
Asset Quality
Delinquent Loans / Loans2.29%0.00%0.00%0.26%2.45%+16 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.71%0.68%0.70%0.71%0.67%-4 bps
Capital
Risk-Based Capital24.56%22.18%22.42%23.10%23.33%-123 bps
Net Worth / Assets24.56%22.18%22.42%23.10%23.33%-123 bps
Liquidity & Funding
Loans / Shares89.19%82.35%82.60%88.83%88.31%-89 bps
Liquid Assets / Assets7.87%17.20%16.87%19.03%29.37%+2,151 bps