PackageTrendsPeer
Letter portraitLegal landscape

Landmark Communications Employees

Norfolk, VA · Charter 62088

Q3 2009

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 2009, the quarter ended September 30, 2009, 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

Landmark Communications Employees

Norfolk, VA · Charter 62088

Q3 2009

$1.8MAssets
$1.4MLoans
$1.5MShares
$264KNet 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 -2.29%, down 387 bps year over year; NIM at 5.86%.
  • Asset quality: problem loans at 1.66% of loans (+111 bps YoY).
  • Capital: net worth / assets of 14.56%, up 155 bps from a year ago.
  • Funding: loans stand at 88.02% of shares as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.29%-387 bps YoY

Net Interest Margin (YTD, annualized)

5.86%-8 bps YoY

Efficiency Ratio (YTD, annualized)

93.87%+940 bps YoY

Net Worth / Assets

14.56%+155 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets1.58%1.36%-2.27%-2.86%-2.29%-387 bps
Return on Equity12.15%9.38%-17.81%-21.53%-15.69%-2,785 bps
Net Interest Margin5.94%6.39%5.27%5.37%5.86%-8 bps
Efficiency Ratio84.47%87.63%97.55%88.43%93.87%+940 bps
Growth
Asset Growth (YoY)-5.03%-7.89%-8.11%-14.55%-22.48%-1,745 bps
Loan Growth (YoY)-10.96%-19.73%-20.98%-22.63%-26.13%-1,518 bps
Share Growth (YoY)-6.30%-10.39%-9.11%-15.27%-23.95%-1,765 bps
Asset Quality
Delinquent Loans / Loans0.55%0.41%1.26%2.17%1.66%+111 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.81%0.70%0.86%2.02%1.13%+32 bps
Capital
Risk-Based Capital13.01%14.53%12.73%13.30%14.56%+155 bps
Net Worth / Assets13.01%14.53%12.73%13.30%14.56%+155 bps
Liquidity & Funding
Loans / Shares90.62%93.98%77.81%84.62%88.02%-260 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps