PackageTrendsPeer
Letter portraitLegal landscape

Gunite Employees

Rockford, IL · Charter 60322

Q4 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: Q4 2008, the quarter ended December 31, 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

Gunite Employees

Rockford, IL · Charter 60322

Q4 2008

$1.2MAssets
$661KLoans
$975KShares
$177KNet 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 -12.15%, down 1,217 bps year over year; NIM at 5.14%.
  • Asset quality: problem loans at 9.79% of loans (+282 bps YoY).
  • Capital: net worth / assets of 15.31%, down 732 bps from a year ago.
  • Funding: loans stand at 67.82% of shares as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

-12.15%-1,217 bps YoY

Net Interest Margin (YTD, annualized)

5.14%-58 bps YoY

Efficiency Ratio (YTD, annualized)

160.53%+6,086 bps YoY

Net Worth / Assets

15.31%-732 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.02%-0.90%-13.16%-9.81%-12.15%-1,217 bps
Return on Equity0.10%-4.02%-76.07%-54.29%-79.33%-7,942 bps
Net Interest Margin5.72%4.06%4.68%4.80%5.14%-58 bps
Efficiency Ratio99.67%118.80%121.41%123.41%160.53%+6,086 bps
Growth
Asset Growth (YoY)-14.06%-16.90%-19.42%-19.23%-17.59%-353 bps
Loan Growth (YoY)-23.23%-26.39%-41.71%-37.81%-40.31%-1,708 bps
Share Growth (YoY)-17.12%-21.89%-15.59%-14.82%-9.79%+733 bps
Asset Quality
Delinquent Loans / Loans6.96%13.38%14.06%12.40%9.79%+282 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.48%2.36%1.99%2.51%5.83%+335 bps
Capital
Risk-Based Capital22.63%22.27%17.30%18.06%15.31%-732 bps
Net Worth / Assets22.63%22.27%17.30%18.06%15.31%-732 bps
Liquidity & Funding
Loans / Shares102.48%93.50%72.17%76.74%67.82%-3,466 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps