Hickory, NC · Charter 62612
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Hickory, NC · Charter 62612
Q4 2008
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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.28% | -0.39% | 0.01% | -0.19% | -0.05% | -34 bps | |
| Return on Equity | 1.86% | -2.74% | 0.07% | -1.40% | -0.40% | -226 bps | |
| Net Interest Margin | 4.52% | 3.56% | 3.68% | 3.65% | 3.39% | -113 bps | |
| Efficiency Ratio | 91.24% | 105.03% | 96.20% | 98.21% | 95.17% | +393 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.20% | 8.69% | 18.34% | 8.78% | 20.50% | +1,631 bps | |
| Loan Growth (YoY) | 6.41% | 7.70% | 4.37% | 8.79% | 11.23% | +482 bps | |
| Share Growth (YoY) | 4.67% | 15.33% | 27.43% | 15.16% | 30.02% | +2,535 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.78% | 2.77% | 0.18% | 1.58% | 0.42% | -236 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.55% | 0.46% | 0.44% | 0.44% | 0.47% | -7 bps | |
| Capital | |||||||
| Risk-Based Capital | 15.34% | 14.19% | 13.37% | 13.79% | 12.69% | -266 bps | |
| Net Worth / Assets | 15.34% | 14.19% | 13.37% | 13.79% | 12.69% | -266 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 100.58% | 90.69% | 84.01% | 95.37% | 86.04% | -1,454 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |