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S C E S C

Columbia, SC · Charter 2957

Q2 2006

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: Q2 2006, the quarter ended June 30, 2006, 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

S C E S C

Columbia, SC · Charter 2957

Q2 2006

$4.0MAssets
$2.6MLoans
$3.7MShares
$258KNet 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 -2.33%, up 310 bps year over year; NIM at 5.36%.
  • Asset quality: problem loans at 2.08% of loans (-22 bps YoY).
  • Capital: net worth / assets of 6.47%, down 105 bps from a year ago.
  • Funding: loans stand at 70.67% of shares as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

-2.33%+310 bps YoY

Net Interest Margin (YTD, annualized)

5.36%+59 bps YoY

Efficiency Ratio (YTD, annualized)

85.18%+2,525 bps YoY

Net Worth / Assets

6.47%-105 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets-5.42%-5.74%-5.59%-6.36%-2.33%+310 bps
Return on Equity-72.08%-87.41%-81.28%-110.63%-35.99%+3,609 bps
Net Interest Margin4.77%5.08%5.70%5.09%5.36%+59 bps
Efficiency Ratio59.93%61.36%57.38%106.60%85.18%+2,525 bps
Growth
Asset Growth (YoY)-10.21%-16.44%-24.34%-29.07%-26.05%-1,584 bps
Loan Growth (YoY)-14.47%-21.21%-27.85%-31.79%-33.53%-1,905 bps
Share Growth (YoY)-8.81%-14.31%-22.13%-26.80%-25.27%-1,646 bps
Asset Quality
Delinquent Loans / Loans2.29%4.15%3.87%4.06%2.08%-22 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans6.00%7.79%9.12%9.86%9.93%+393 bps
Capital
Risk-Based Capital7.53%6.56%6.88%5.75%6.47%-105 bps
Net Worth / Assets7.53%6.56%6.88%5.75%6.47%-105 bps
Liquidity & Funding
Loans / Shares79.45%74.78%77.31%72.29%70.67%-878 bps
Liquid Assets / Assets27.92%31.72%30.25%35.99%0.00%-2,792 bps