PackageTrendsPeer
Letter portraitLegal landscape

Federal Employees'

Hickory, NC · Charter 62984

Q2 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: Q2 2009, the quarter ended June 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

Federal Employees'

Hickory, NC · Charter 62984

Q2 2009

$12.5MAssets
$8.5MLoans
$11.2MShares
$1.7MNet Worth

Executive Summary

  • Earnings: ROA of 0.13%, up 9 bps year over year; NIM at 3.23%.
  • Asset quality: problem loans at 0.60% of loans (+59 bps YoY).
  • Capital: net worth / assets of 13.30%, up 67 bps from a year ago.
  • Funding: loans stand at 76.49% of shares as of Q2 2009.

Return on Assets (YTD, annualized)

0.13%+9 bps YoY

Net Interest Margin (YTD, annualized)

3.23%0 bps YoY

Efficiency Ratio (YTD, annualized)

85.65%-1,303 bps YoY

Net Worth / Assets

13.30%+67 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets0.17%0.17%0.06%0.04%-0.97%-0.75%0.04%0.13%+9 bps
Return on Equity1.19%1.25%0.50%0.31%-7.86%-6.07%0.29%0.98%+67 bps
Net Interest Margin3.42%3.21%3.19%3.23%2.32%2.55%3.37%3.23%0 bps
Efficiency Ratio95.22%95.16%97.75%98.68%136.57%125.61%96.36%85.65%-1,303 bps
Growth
Asset Growth (YoY)3.73%7.86%12.32%9.64%8.26%1.03%-12.28%-10.15%-1,980 bps
Loan Growth (YoY)10.07%12.06%9.86%4.59%1.73%-4.33%-9.94%-13.85%-1,843 bps
Share Growth (YoY)3.74%8.83%13.96%11.22%9.88%1.67%-10.66%-7.72%-1,894 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.02%0.00%0.44%0.80%0.60%+59 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.15%0.15%0.13%0.14%0.13%0.16%0.20%0.00%-14 bps
Capital
Risk-Based Capital14.07%13.34%12.52%12.63%12.29%12.42%13.44%13.30%+67 bps
Net Worth / Assets14.07%13.34%12.52%12.63%12.29%12.42%13.44%13.30%+67 bps
Liquidity & Funding
Loans / Shares92.83%89.99%83.59%81.92%85.95%84.68%84.26%76.49%-544 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps