Charleston, SC · Charter 24765
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Charleston, SC · Charter 24765
Q2 2008
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 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -14.23% | -7.96% | -5.10% | -1.53% | -2.97% | +1,125 bps | |
| Return on Equity | -1185% | -347% | -161.56% | -60.18% | -254% | +93,143 bps | |
| Net Interest Margin | 1.82% | 2.73% | 3.51% | 4.87% | 5.46% | +365 bps | |
| Efficiency Ratio | 178.76% | 132.53% | 118.19% | 104.46% | 109.73% | -6,903 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1202% | 48.32% | 27.60% | 45.17% | 19.65% | -118,203 bps | |
| Loan Growth (YoY) | n/a | 1416% | 1149% | 1369% | 647% | n/a | |
| Share Growth (YoY) | 7259% | 67.32% | 47.49% | 54.95% | 20.96% | -723,840 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.69% | 0.49% | 1.42% | 8.56% | 12.65% | +1,096 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.76% | 0.78% | 0.58% | 0.41% | 0.37% | -239 bps | |
| Capital | |||||||
| Risk-Based Capital | 1.20% | 2.29% | 3.16% | 2.54% | 1.17% | -3 bps | |
| Net Worth / Assets | 1.20% | 2.29% | 3.16% | 2.54% | 1.17% | -3 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 11.05% | 39.32% | 53.28% | 68.48% | 68.29% | +5,724 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |