Fayetteville, NC · Charter 64075
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Fayetteville, NC · Charter 64075
Q1 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 2.29% | -2.84% | -3.16% | -8.25% | -8.63% | -1,092 bps | |
| Return on Equity | 83.89% | -421% | n/a | n/a | n/a | n/a | |
| Net Interest Margin | 5.71% | 6.14% | 6.30% | 7.57% | 7.40% | +170 bps | |
| Efficiency Ratio | 70.18% | 91.05% | 104.07% | 98.37% | 292% | +22,207 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.66% | -7.98% | -11.86% | -26.37% | -30.24% | -2,958 bps | |
| Loan Growth (YoY) | 37.15% | -17.89% | -23.11% | -24.85% | -32.05% | -6,920 bps | |
| Share Growth (YoY) | 7.87% | -2.60% | -9.37% | -19.94% | -34.45% | -4,232 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 8.15% | 13.00% | 13.06% | 16.66% | 5.74% | -241 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 4.40% | 6.50% | 6.02% | 12.55% | 3.40% | -100 bps | |
| Capital | |||||||
| Risk-Based Capital | 2.72% | 0.68% | -0.03% | -5.78% | -8.39% | -1,111 bps | |
| Net Worth / Assets | 2.72% | 0.68% | -0.03% | -5.78% | -8.39% | -1,111 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 94.09% | 89.55% | 85.75% | 92.63% | 97.53% | +344 bps | |
| Liquid Assets / Assets | 7.38% | 7.83% | 12.68% | 5.51% | 8.53% | +115 bps | |