Charleston, SC · Charter 61042
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Charleston, SC · Charter 61042
Q4 2002
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.77% | 0.93% | 0.85% | 0.68% | 1.20% | +43 bps | |
| Return on Equity | 4.65% | 5.89% | 5.25% | 4.79% | 7.93% | +328 bps | |
| Net Interest Margin | 5.22% | 4.96% | 5.33% | 4.87% | 5.44% | +22 bps | |
| Efficiency Ratio | 85.76% | 81.39% | 81.29% | 84.25% | 77.07% | -869 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.50% | 14.16% | 13.58% | 27.25% | 23.27% | +1,776 bps | |
| Loan Growth (YoY) | -10.51% | -0.47% | 15.03% | 21.09% | 18.82% | +2,933 bps | |
| Share Growth (YoY) | 4.36% | 14.60% | 14.09% | 31.16% | 26.19% | +2,183 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.42% | 0.47% | 0.09% | 0.00% | 0.00% | -242 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 3.16% | 3.11% | 2.44% | 2.43% | 2.29% | -87 bps | |
| Capital | |||||||
| Risk-Based Capital | 16.49% | 15.86% | 16.09% | 14.26% | 15.08% | -141 bps | |
| Net Worth / Assets | 16.49% | 15.86% | 16.09% | 14.26% | 15.08% | -141 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 59.13% | 54.37% | 61.04% | 51.37% | 55.68% | -345 bps | |
| Liquid Assets / Assets | 39.00% | 54.40% | 39.35% | 47.48% | 41.63% | +263 bps | |