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Afg Employees

Kingsport, TN · Charter 60692

Q3 2014

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 2014, the quarter ended September 30, 2014, 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

Afg Employees

Kingsport, TN · Charter 60692

Q3 2014

$15.9MAssets
$6.8MLoans
$13.7MShares
$2.2MNet Worth

Executive Summary

  • Earnings: ROA of -0.49%, down 67 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.01% of loans (-49 bps YoY).
  • Capital: net worth / assets of 13.58%, down 62 bps from a year ago.
  • Funding: loans stand at 50.03% of shares as of Q3 2014.

Return on Assets (YTD, annualized)

-0.49%-67 bps YoY

Net Interest Margin (YTD, annualized)

2.63%-31 bps YoY

Efficiency Ratio (YTD, annualized)

112.97%+1,924 bps YoY

Net Worth / Assets

13.58%-62 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets0.09%-0.18%0.01%0.18%0.00%-0.48%-0.26%-0.49%-67 bps
Return on Equity0.61%-1.29%0.08%1.27%-0.01%-3.53%-1.89%-3.60%-487 bps
Net Interest Margin3.20%2.81%2.91%2.95%2.93%2.46%2.64%2.63%-31 bps
Efficiency Ratio95.10%104.75%99.71%93.73%98.66%113.87%106.46%112.97%+1,924 bps
Growth
Asset Growth (YoY)-0.93%-1.24%-1.78%-2.05%0.36%0.97%0.76%0.87%+292 bps
Loan Growth (YoY)-7.52%-6.93%-7.11%-4.84%-6.13%-5.25%-7.62%-10.03%-519 bps
Share Growth (YoY)-1.15%-1.46%-2.18%-2.49%0.46%1.24%1.25%1.69%+418 bps
Asset Quality
Delinquent Loans / Loans0.30%0.20%0.14%0.49%2.04%3.48%0.45%0.01%-49 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.13%1.09%1.13%1.26%1.16%1.26%0.73%0.16%-110 bps
Capital
Risk-Based Capital14.28%13.75%13.95%14.21%14.22%13.54%13.70%13.58%-62 bps
Net Worth / Assets14.28%13.75%13.95%14.21%14.22%13.54%13.70%13.58%-62 bps
Liquidity & Funding
Loans / Shares60.00%55.84%56.04%56.55%56.06%52.26%51.13%50.03%-652 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps