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Phoenix

Enfield, CT · Charter 4262

Q2 2008

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 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.

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

Phoenix

Enfield, CT · Charter 4262

Q2 2008

$7.8MAssets
$1.9MLoans
$6.7MShares
$1.1MNet Worth

Executive Summary

  • Earnings: ROA of 0.28%, up 10 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 0.22% of loans (-16 bps YoY).
  • Capital: net worth / assets of 14.33%, up 12 bps from a year ago.
  • Funding: loans stand at 27.96% of shares as of Q2 2008.

Return on Assets (YTD, annualized)

0.28%+10 bps YoY

Net Interest Margin (YTD, annualized)

3.48%-17 bps YoY

Efficiency Ratio (YTD, annualized)

92.04%-320 bps YoY

Net Worth / Assets

14.33%+12 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.60%0.57%0.21%0.18%0.16%0.22%0.22%0.28%+10 bps
Return on Equity4.26%4.17%1.58%1.27%1.07%1.41%1.58%1.94%+67 bps
Net Interest Margin3.64%3.44%3.50%3.65%3.78%3.86%3.52%3.48%-17 bps
Efficiency Ratio90.39%90.31%94.26%95.25%95.84%94.08%95.12%92.04%-320 bps
Growth
Asset Growth (YoY)-6.44%-0.59%-4.23%-4.94%-3.44%-10.87%-2.84%0.89%+583 bps
Loan Growth (YoY)10.22%4.84%3.86%7.29%3.52%5.94%-1.44%-1.50%-879 bps
Share Growth (YoY)-8.27%-1.78%-6.41%-6.67%-4.83%-13.58%-2.17%2.95%+962 bps
Asset Quality
Delinquent Loans / Loans0.52%0.59%0.54%0.38%0.29%0.40%1.02%0.22%-16 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.48%0.41%0.37%0.38%0.40%0.41%0.46%0.42%+4 bps
Capital
Risk-Based Capital14.13%13.69%13.48%14.20%14.90%15.58%14.07%14.33%+12 bps
Net Worth / Assets14.13%13.69%13.48%14.20%14.90%15.58%14.07%14.33%+12 bps
Liquidity & Funding
Loans / Shares29.21%28.54%27.31%29.22%31.78%34.99%27.51%27.96%-126 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps