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Letter portraitLegal landscape

Second Baptist Church

Los Angeles, CA · Charter 65785

Q3 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: Q3 2009, the quarter ended September 30, 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

Second Baptist Church

Los Angeles, CA · Charter 65785

Q3 2009

$399KAssets
$329KLoans
$578KShares
$-292KNet 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 -129.31%, down 13,191 bps year over year; NIM at 7.33%.
  • Asset quality: problem loans at 3.40% of loans (+75 bps YoY).
  • Capital: net worth / assets of -73.20%, down 10,643 bps from a year ago.
  • Funding: loans stand at 56.84% of shares as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-129.31%-13,191 bps YoY

Net Interest Margin (YTD, annualized)

7.33%+420 bps YoY

Efficiency Ratio (YTD, annualized)

1399%+137,030 bps YoY

Net Worth / Assets

-73.20%-10,643 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets2.60%-1.28%-20.54%-10.61%-129.31%-13,191 bps
Return on Equity7.82%-8.63%-178.24%-114.56%n/an/a
Net Interest Margin3.13%-0.77%5.77%4.20%7.33%+420 bps
Efficiency Ratio28.53%n/a437%264%1399%+137,030 bps
Growth
Asset Growth (YoY)8.45%43.79%23.70%29.65%-43.78%-5,223 bps
Loan Growth (YoY)19.62%-18.23%-43.65%-17.03%-37.19%-5,681 bps
Share Growth (YoY)11.25%97.47%83.24%63.79%22.25%+1,100 bps
Asset Quality
Delinquent Loans / Loans2.65%80.88%21.32%5.13%3.40%+75 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.21%1.38%1.92%1.65%7.13%+591 bps
Capital
Risk-Based Capital33.23%14.82%11.53%9.26%-73.20%-10,643 bps
Net Worth / Assets33.23%14.82%11.53%9.26%-73.20%-10,643 bps
Liquidity & Funding
Loans / Shares110.62%45.91%36.54%45.33%56.84%-5,378 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps