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Progress

Chicago, IL · Charter 60547

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Progress

Chicago, IL · Charter 60547

Q3 2004

$23.1MAssets
$15.5MLoans
$21.3MShares
$1.4MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Financial Results

Return on Assets (YTD, annualized)

-0.52%+31 bps YoY

Net Interest Margin (YTD, annualized)

3.89%+45 bps YoY

Efficiency Ratio (YTD, annualized)

98.32%-21 bps YoY

Net Worth / Assets

6.08%-59 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Return on Assets-0.83%-1.69%-0.10%-0.41%-0.52%+31 bps
Net Interest Margin3.44%3.82%3.58%3.74%3.89%+45 bps
Asset Growth (YoY)31.07%6.46%-8.03%-10.55%-11.09%-4,216 bps
Share Growth (YoY)33.80%7.38%-7.16%-9.99%-11.95%-4,575 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Risk-Based Capital6.67%6.32%5.91%6.07%6.08%-59 bps
Loans / Shares62.28%68.17%61.39%67.17%72.81%+1,053 bps