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Communityworks

Greenville, SC · Charter 24856

NCUA · 1 branch

Q3 2018

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 2018, the quarter ended September 30, 2018, 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

Communityworks

Greenville, SC · Charter 24856

NCUA · 1 branch

Q3 2018

$3.1MAssets
$2.7MLoans
$2.9MShares
$184KNet 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 -6.93%, down 532 bps year over year; NIM at 8.81%.
  • Asset quality: problem loans at 9.65% of loans (+503 bps YoY).
  • Capital: net worth / assets of 5.91%, down 508 bps from a year ago.
  • Funding: loans stand at 91.14% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

-6.93%-532 bps YoY

Net Interest Margin (YTD, annualized)

8.81%+345 bps YoY

Efficiency Ratio (YTD, annualized)

74.01%-2,530 bps YoY

Net Worth / Assets

5.91%-508 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-1.61%-1.73%-2.26%-1.39%-6.93%-532 bps
Return on Equity-14.65%-18.28%-24.06%-14.65%-117.22%-10,257 bps
Net Interest Margin5.36%5.71%8.88%8.05%8.81%+345 bps
Efficiency Ratio99.31%91.30%86.44%75.33%74.01%-2,530 bps
Growth
Asset Growth (YoY)7.82%15.44%25.48%39.33%19.43%+1,161 bps
Loan Growth (YoY)152.62%155.60%133.05%77.97%45.20%-10,743 bps
Share Growth (YoY)12.30%20.77%31.38%45.51%26.20%+1,389 bps
Asset Quality
Delinquent Loans / Loans4.62%3.72%2.13%4.10%9.65%+503 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.79%4.74%4.21%3.72%8.36%+357 bps
Capital
Risk-Based Capital10.99%9.47%9.40%9.49%5.91%-508 bps
Net Worth / Assets10.99%9.47%9.40%9.49%5.91%-508 bps
Liquidity & Funding
Loans / Shares79.22%83.18%90.72%83.09%91.14%+1,193 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps