PackageTrendsPeer
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University of Southern Mississippi

Hattiesburg, MS · Charter 63034

Q1 2002

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: Q1 2002, the quarter ended March 31, 2002, 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

University of Southern Mississippi

Hattiesburg, MS · Charter 63034

Q1 2002

$16.4MAssets
$10.5MLoans
$15.3MShares
$1.0MNet Worth

Executive Summary

  • Earnings: ROA of 0.31%, down 39 bps year over year; NIM at 1.65%.
  • Asset quality: problem loans at 0.55% of loans (+27 bps YoY).
  • Capital: net worth / assets of 6.28%.
  • Funding: loans stand at 68.61% of shares as of Q1 2002.

Return on Assets (YTD, annualized)

0.31%-39 bps YoY

Net Interest Margin (YTD, annualized)

1.65%-344 bps YoY

Efficiency Ratio (YTD, annualized)

80.74%-637 bps YoY

Net Worth / Assets

6.28%

Year to date, annualized, through each quarter.

MetricQ4 1998Q2 1999Q4 1999Q2 2000Q4 2000Q2 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets2.61%3.44%0.80%0.70%0.70%0.02%0.17%0.31%-39 bps
Return on Equityn/an/an/an/a11.39%0.28%2.66%5.01%n/a
Net Interest Marginn/an/a5.09%5.09%4.92%4.54%4.74%1.65%-344 bps
Efficiency Ration/an/a85.36%87.12%86.96%87.83%87.86%80.74%-637 bps
Growth
Asset Growth (YoY)5.51%10.82%10.98%11.44%12.70%9.02%4.81%5.82%-562 bps
Loan Growth (YoY)2.53%8.57%16.10%18.77%11.74%6.36%-10.98%-20.85%-3,962 bps
Share Growth (YoY)4.83%10.66%6.42%8.16%11.59%8.12%7.43%9.47%+131 bps
Asset Quality
Delinquent Loans / Loans0.40%0.30%0.39%0.29%1.07%1.22%1.27%0.55%+27 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.67%0.68%0.62%0.62%0.55%0.86%0.65%0.70%+8 bps
Capital
Risk-Based Capitaln/an/an/an/a6.17%5.92%6.47%6.28%n/a
Net Worth / Assetsn/an/an/an/a6.17%5.92%6.47%6.28%n/a
Liquidity & Funding
Loans / Shares90.60%83.71%95.50%94.89%90.73%82.35%79.13%68.61%-2,629 bps
Liquid Assets / Assets6.94%11.85%1.02%0.00%8.70%16.89%117.39%121.66%+12,166 bps