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Louisville District US Engineer Emp

Louisville, KY · Charter 62485

Q3 2008

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 2008, the quarter ended September 30, 2008, 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

Louisville District US Engineer Emp

Louisville, KY · Charter 62485

Q3 2008

$3.5MAssets
$669KLoans
$3.1MShares
$381KNet 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 -0.25%, down 62 bps year over year; NIM at 2.42%.
  • Asset quality: problem loans at 0.00% of loans (-14 bps YoY).
  • Capital: net worth / assets of 10.93%, down 311 bps from a year ago.
  • Funding: loans stand at 21.53% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-0.25%-62 bps YoY

Net Interest Margin (YTD, annualized)

2.42%-65 bps YoY

Efficiency Ratio (YTD, annualized)

110.30%+2,183 bps YoY

Net Worth / Assets

10.93%-311 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.36%0.52%0.05%0.12%-0.25%-62 bps
Return on Equity2.59%3.46%0.35%0.82%-2.33%-491 bps
Net Interest Margin3.07%3.37%3.07%2.54%2.42%-65 bps
Efficiency Ratio88.47%83.84%98.39%95.46%110.30%+2,183 bps
Growth
Asset Growth (YoY)-2.49%-3.38%-4.91%-1.86%1.57%+406 bps
Loan Growth (YoY)-25.22%-23.03%-28.01%-28.13%-25.44%-22 bps
Share Growth (YoY)-3.31%-4.32%-5.96%-2.56%6.19%+950 bps
Asset Quality
Delinquent Loans / Loans0.14%0.13%0.11%0.07%0.00%-14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.18%1.45%1.76%1.99%2.28%+110 bps
Capital
Risk-Based Capital14.04%15.12%14.51%14.34%10.93%-311 bps
Net Worth / Assets14.04%15.12%14.51%14.34%10.93%-311 bps
Liquidity & Funding
Loans / Shares30.66%31.51%27.02%24.93%21.53%-913 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps