PackageTrendsPeer
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Soc

Troy, MI · Charter 60554

Q3 2005

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 2005, the quarter ended September 30, 2005, 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

Soc

Troy, MI · Charter 60554

Q3 2005

$169.0MAssets
$115.4MLoans
$128.6MShares
$23.7MNet Worth

Executive Summary

  • Earnings: ROA of 0.90%, up 36 bps year over year; NIM at 2.98%.
  • Asset quality: problem loans at 1.21% of loans (+37 bps YoY).
  • Capital: net worth / assets of 14.02%, up 141 bps from a year ago.
  • Funding: loans stand at 89.72% of shares as of Q3 2005.

Return on Assets (YTD, annualized)

0.90%+36 bps YoY

Net Interest Margin (YTD, annualized)

2.98%+47 bps YoY

Efficiency Ratio (YTD, annualized)

70.56%+72 bps YoY

Net Worth / Assets

14.02%+141 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets0.49%0.49%0.49%0.54%0.47%0.85%0.82%0.90%+36 bps
Return on Equity4.09%4.05%4.07%4.26%3.69%6.52%6.26%6.43%+217 bps
Net Interest Margin2.30%2.41%2.38%2.51%2.58%2.76%2.80%2.98%+47 bps
Efficiency Ratio73.02%71.01%70.89%69.84%69.32%69.18%70.90%70.56%+72 bps
Growth
Asset Growth (YoY)3.99%0.19%-1.43%-2.97%-2.86%-1.88%-3.06%-4.12%-115 bps
Loan Growth (YoY)-1.50%6.95%16.33%21.05%11.00%8.19%10.59%12.34%-870 bps
Share Growth (YoY)4.65%0.01%-2.32%-2.96%-3.03%-2.83%-3.91%-6.25%-329 bps
Asset Quality
Delinquent Loans / Loans0.75%0.65%0.71%0.84%1.31%1.29%1.13%1.21%+37 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.40%0.40%0.40%0.45%0.71%0.44%0.37%0.28%-17 bps
Capital
Risk-Based Capital11.94%12.10%12.05%12.60%12.76%13.01%13.18%14.02%+141 bps
Net Worth / Assets11.94%12.10%12.05%12.60%12.76%13.01%13.18%14.02%+141 bps
Liquidity & Funding
Loans / Shares66.29%68.42%69.20%74.88%75.89%76.18%79.65%89.72%+1,484 bps
Liquid Assets / Assets30.90%31.01%29.15%23.60%24.36%24.83%21.24%15.95%-765 bps