PackageTrendsPeer
Letter portraitLegal landscape

Dunham Employees

Marshalltown, IA · Charter 64919

Q4 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: Q4 2002, the quarter ended December 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

Dunham Employees

Marshalltown, IA · Charter 64919

Q4 2002

$587KAssets
$333KLoans
$486KShares
$99KNet 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 -18.88%, down 1,815 bps year over year; NIM at 6.01%.
  • Asset quality: problem loans at 70.27% of loans (+4,436 bps YoY).
  • Capital: net worth / assets of 16.79%, down 563 bps from a year ago.
  • Funding: loans stand at 68.43% of shares as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

-18.88%-1,815 bps YoY

Net Interest Margin (YTD, annualized)

6.01%+353 bps YoY

Efficiency Ratio (YTD, annualized)

74.23%-5,442 bps YoY

Net Worth / Assets

16.79%-563 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets-0.74%-62.89%-32.64%-23.65%-18.88%-1,815 bps
Return on Equity-3.28%-504%-234%-160.73%-112.44%-10,916 bps
Net Interest Margin2.47%3.50%4.51%5.25%6.01%+353 bps
Efficiency Ratio128.64%134.53%101.67%79.98%74.23%-5,442 bps
Growth
Asset Growth (YoY)-0.51%-24.58%-30.85%-32.56%-36.89%-3,638 bps
Loan Growth (YoY)-17.10%-12.85%-15.01%-14.12%-22.73%-563 bps
Share Growth (YoY)0.56%-14.55%-24.21%-25.95%-32.15%-3,270 bps
Asset Quality
Delinquent Loans / Loans25.91%44.21%59.27%68.95%70.27%+4,436 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.59%29.20%31.39%35.96%38.12%+3,653 bps
Capital
Risk-Based Capital22.42%12.48%13.94%14.72%16.79%-563 bps
Net Worth / Assets22.42%12.48%13.94%14.72%16.79%-563 bps
Liquidity & Funding
Loans / Shares60.08%64.18%64.13%64.23%68.43%+834 bps
Liquid Assets / Assets52.20%57.71%59.58%62.32%61.94%+974 bps