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George Washington

Washington, IA · Charter 64567

Q3 2005

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: Q3 2005, the quarter ended September 30, 2005, 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

George Washington

Washington, IA · Charter 64567

Q3 2005

$461KAssets
$455KLoans
$396KShares
$65KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 0.72%, up 123 bps year over year; NIM at 8.35%.
  • Asset quality: problem loans at 19.98% of loans (+1,712 bps YoY).
  • Capital: net worth / assets of 14.16%, up 335 bps from a year ago.
  • Funding: loans stand at 114.98% of shares as of Q3 2005.

Financial Results

Return on Assets (YTD, annualized)

0.72%+123 bps YoY

Net Interest Margin (YTD, annualized)

8.35%+238 bps YoY

Efficiency Ratio (YTD, annualized)

92.07%-1,570 bps YoY

Net Worth / Assets

14.16%+335 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets-0.51%-0.32%1.16%0.57%0.72%+123 bps
Return on Equity-4.70%-2.74%9.03%4.47%5.07%+977 bps
Net Interest Margin5.97%6.68%8.07%7.31%8.35%+238 bps
Efficiency Ratio107.77%104.43%86.56%92.86%92.07%-1,570 bps
Growth
Asset Growth (YoY)-21.27%-21.03%-23.07%-18.47%-21.30%-3 bps
Loan Growth (YoY)-4.44%16.77%47.19%46.65%23.43%+2,787 bps
Share Growth (YoY)-22.13%-23.08%-25.87%-20.35%-24.23%-210 bps
Asset Quality
Delinquent Loans / Loans2.86%0.93%3.52%11.52%19.98%+1,712 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.94%0.82%0.74%0.73%0.76%-18 bps
Capital
Risk-Based Capital10.81%11.72%12.87%12.70%14.16%+335 bps
Net Worth / Assets10.81%11.72%12.87%12.70%14.16%+335 bps
Liquidity & Funding
Loans / Shares70.58%87.23%104.90%104.07%114.98%+4,440 bps
Liquid Assets / Assets36.40%22.41%8.17%8.00%0.60%-3,581 bps