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Elizabeth City Coast Guard Employee

Elizabeth City, NC · Charter 63569

Q2 2014

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 2014, the quarter ended June 30, 2014, 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

Elizabeth City Coast Guard Employee

Elizabeth City, NC · Charter 63569

Q2 2014

$3.2MAssets
$1.7MLoans
$2.7MShares
$539KNet Worth

Executive Summary

  • Earnings: ROA of -0.92%, down 11 bps year over year; NIM at 3.88%.
  • Asset quality: problem loans at 1.36% of loans (+113 bps YoY).
  • Capital: net worth / assets of 16.71%, down 76 bps from a year ago.
  • Funding: loans stand at 62.04% of shares as of Q2 2014.

Return on Assets (YTD, annualized)

-0.92%-11 bps YoY

Net Interest Margin (YTD, annualized)

3.88%-23 bps YoY

Efficiency Ratio (YTD, annualized)

121.28%+774 bps YoY

Net Worth / Assets

16.71%-76 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets-0.91%-0.80%-0.55%-0.81%-0.93%-0.84%-0.99%-0.92%-11 bps
Return on Equity-4.77%-4.45%-3.10%-4.64%-5.13%-4.71%-5.90%-5.51%-86 bps
Net Interest Margin4.78%4.47%4.17%4.12%4.35%4.35%3.88%3.88%-23 bps
Efficiency Ratio108.96%109.25%112.00%113.54%113.51%112.45%123.08%121.28%+774 bps
Growth
Asset Growth (YoY)-5.11%0.33%-1.67%0.55%0.79%-4.58%1.13%-0.59%-113 bps
Loan Growth (YoY)-4.07%-8.77%-0.54%0.88%4.78%6.49%-5.19%-1.13%-201 bps
Share Growth (YoY)-5.29%1.36%-1.18%1.87%1.90%-4.63%2.53%0.35%-152 bps
Asset Quality
Delinquent Loans / Loans0.00%0.16%0.33%0.23%0.22%0.43%0.97%1.36%+113 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.52%0.67%0.65%0.74%0.89%0.73%0.79%0.78%+4 bps
Capital
Risk-Based Capital19.12%17.92%17.82%17.47%18.11%17.94%16.71%16.71%-76 bps
Net Worth / Assets19.12%17.92%17.82%17.47%18.11%17.94%16.71%16.71%-76 bps
Liquidity & Funding
Loans / Shares68.58%63.36%65.91%62.97%70.52%70.74%60.95%62.04%-93 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps