Eden, NC · Charter 65248
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 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.
Eden, NC · Charter 65248
Q2 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 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.54% | 0.30% | -0.27% | -3.89% | -2.74% | -327 bps | |
| Return on Equity | 6.43% | 3.57% | -3.14% | -51.84% | -38.35% | -4,478 bps | |
| Net Interest Margin | 4.28% | 3.87% | 4.03% | 3.19% | 3.20% | -108 bps | |
| Efficiency Ratio | 76.52% | 77.39% | 79.08% | 88.16% | 97.01% | +2,050 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.48% | 0.75% | -7.38% | -6.00% | -8.00% | -753 bps | |
| Loan Growth (YoY) | -23.31% | -24.65% | -23.98% | -27.86% | -25.21% | -190 bps | |
| Share Growth (YoY) | -0.45% | 0.69% | -7.57% | -7.23% | -6.80% | -635 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 7.34% | 8.49% | 8.33% | 6.88% | 8.73% | +139 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.51% | 2.14% | 1.60% | 1.78% | 1.94% | -58 bps | |
| Capital | |||||||
| Risk-Based Capital | 8.34% | 8.31% | 8.57% | 7.50% | 7.14% | -120 bps | |
| Net Worth / Assets | 8.34% | 8.31% | 8.57% | 7.50% | 7.14% | -120 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 54.39% | 50.94% | 53.18% | 46.37% | 43.64% | -1,074 bps | |
| Liquid Assets / Assets | 46.03% | 49.88% | 46.00% | 51.98% | 55.91% | +988 bps | |