PackageTrendsPeer
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Ufcw Local 56

Pennsauken, NJ · Charter 3707

Q4 2002

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: Q4 2002, the quarter ended December 31, 2002, 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

Ufcw Local 56

Pennsauken, NJ · Charter 3707

Q4 2002

$3.4MAssets
$794KLoans
$3.2MShares
$194KNet 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 -1.79%, down 113 bps year over year; NIM at 4.14%.
  • Asset quality: problem loans at 4.33% of loans (+12 bps YoY).
  • Capital: net worth / assets of 5.64%, down 48 bps from a year ago.
  • Funding: loans stand at 24.53% of shares as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

-1.79%-113 bps YoY

Net Interest Margin (YTD, annualized)

4.14%-139 bps YoY

Efficiency Ratio (YTD, annualized)

116.50%+2,892 bps YoY

Net Worth / Assets

5.64%-48 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2001Q4 2001Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets-0.66%-0.31%-2.50%-2.31%-1.79%-113 bps
Return on Equity-10.81%-4.49%-46.19%-44.78%-31.70%-2,089 bps
Net Interest Margin5.53%5.73%3.87%3.66%4.14%-139 bps
Efficiency Ratio87.58%88.41%114.88%125.82%116.50%+2,892 bps
Growth
Asset Growth (YoY)-0.88%-3.73%-7.45%-7.78%-15.99%-1,511 bps
Loan Growth (YoY)20.15%-24.55%-43.32%-52.71%-54.48%-7,464 bps
Share Growth (YoY)-0.50%-3.84%-5.96%-6.60%-15.21%-1,472 bps
Asset Quality
Delinquent Loans / Loans4.21%3.88%2.11%2.71%4.33%+12 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans5.32%4.19%6.16%4.81%4.12%-120 bps
Capital
Risk-Based Capital6.12%6.85%5.42%5.16%5.64%-48 bps
Net Worth / Assets6.12%6.85%5.42%5.16%5.64%-48 bps
Liquidity & Funding
Loans / Shares45.69%41.69%30.30%26.30%24.53%-2,116 bps
Liquid Assets / Assets53.50%60.81%70.99%74.15%47.41%-609 bps