PackageTrendsPeer
Letter portraitLegal landscape

Chatham Employees'

Elkin, NC · Charter 63769

Q1 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: Q1 2009, the quarter ended March 31, 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

Chatham Employees'

Elkin, NC · Charter 63769

Q1 2009

$6.1MAssets
$2.6MLoans
$4.2MShares
$1.9MNet Worth

Executive Summary

  • Earnings: ROA of -0.63%, down 118 bps year over year; NIM at 2.42%.
  • Asset quality: problem loans at 2.34% of loans (+172 bps YoY).
  • Capital: net worth / assets of 30.57%, up 79 bps from a year ago.
  • Funding: loans stand at 60.45% of shares as of Q1 2009.

Return on Assets (YTD, annualized)

-0.63%-118 bps YoY

Net Interest Margin (YTD, annualized)

2.42%-35 bps YoY

Efficiency Ratio (YTD, annualized)

89.48%+889 bps YoY

Net Worth / Assets

30.57%+79 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets0.73%0.79%0.48%0.54%0.32%0.36%0.00%-0.63%-118 bps
Return on Equity2.43%2.59%1.56%1.83%1.06%1.20%0.01%-2.07%-390 bps
Net Interest Margin2.92%2.96%2.83%2.77%2.75%2.68%2.36%2.42%-35 bps
Efficiency Ratio75.27%73.75%83.26%80.59%88.44%86.76%99.85%89.48%+889 bps
Growth
Asset Growth (YoY)-0.42%0.43%2.89%4.82%0.91%2.38%2.59%-3.52%-833 bps
Loan Growth (YoY)-4.75%3.23%3.32%3.24%1.46%-6.88%-7.40%-9.27%-1,251 bps
Share Growth (YoY)-1.67%-0.70%3.44%6.37%0.81%3.07%3.79%-4.42%-1,079 bps
Asset Quality
Delinquent Loans / Loans0.54%0.75%0.67%0.62%0.59%0.96%0.79%2.34%+172 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.55%0.52%0.53%0.53%0.52%0.53%0.55%0.97%+45 bps
Capital
Risk-Based Capital30.15%30.38%30.86%29.78%30.15%29.82%30.08%30.57%+79 bps
Net Worth / Assets30.15%30.38%30.86%29.78%30.15%29.82%30.08%30.57%+79 bps
Liquidity & Funding
Loans / Shares65.09%69.71%69.86%63.68%65.52%62.98%62.33%60.45%-323 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps