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U.S.A. Local #188

Brook Park, OH · Charter 61012

Q1 2003

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: Q1 2003, the quarter ended March 31, 2003, 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

U.S.A. Local #188

Brook Park, OH · Charter 61012

Q1 2003

$1.1MAssets
$94KLoans
$527KShares
$560KNet 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 -5.43%, down 787 bps year over year; NIM at 1.85%.
  • Asset quality: problem loans at 27.49% of loans (+710 bps YoY).
  • Capital: net worth / assets of 51.04%, up 728 bps from a year ago.
  • Funding: loans stand at 17.76% of shares as of Q1 2003.

Financial Results

Return on Assets (YTD, annualized)

-5.43%-787 bps YoY

Net Interest Margin (YTD, annualized)

1.85%-430 bps YoY

Efficiency Ratio (YTD, annualized)

394%+33,313 bps YoY

Net Worth / Assets

51.04%+728 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2001Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets2.44%-1.51%-0.80%-1.71%-5.43%-787 bps
Return on Equity5.57%-3.12%-1.58%-3.38%-10.65%-1,622 bps
Net Interest Margin6.15%3.21%3.57%3.12%1.85%-430 bps
Efficiency Ratio60.48%147.12%122.31%154.78%394%+33,313 bps
Growth
Asset Growth (YoY)-20.60%-27.45%-31.52%-29.23%-24.01%-340 bps
Loan Growth (YoY)-23.92%-37.60%-49.32%-49.48%-62.66%-3,874 bps
Share Growth (YoY)-34.95%-44.06%-48.17%-43.24%-33.95%+99 bps
Asset Quality
Delinquent Loans / Loans20.39%16.67%33.14%55.01%27.49%+710 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.30%9.67%22.30%25.48%0.08%-422 bps
Capital
Risk-Based Capital43.75%48.50%50.37%50.49%51.04%+728 bps
Net Worth / Assets43.75%48.50%50.37%50.49%51.04%+728 bps
Liquidity & Funding
Loans / Shares31.41%31.14%28.68%25.79%17.76%-1,365 bps
Liquid Assets / Assets30.21%82.93%82.19%84.44%89.58%+5,937 bps