PackageTrendsPeer
Letter portraitLegal landscape

Industrial

Roanoke Rapids, NC · Charter 66290

Q1 2003

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: Q1 2003, the quarter ended March 31, 2003, 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

Industrial

Roanoke Rapids, NC · Charter 66290

Q1 2003

$895KAssets
$279KLoans
$723KShares
$168KNet 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 -6.83%, down 451 bps year over year; NIM at 2.82%.
  • Asset quality: problem loans at 2.66% of loans (-482 bps YoY).
  • Capital: net worth / assets of 18.76%, down 324 bps from a year ago.
  • Funding: loans stand at 38.63% of shares as of Q1 2003.

Financial Results

Return on Assets (YTD, annualized)

-6.83%-451 bps YoY

Net Interest Margin (YTD, annualized)

2.82%-230 bps YoY

Efficiency Ratio (YTD, annualized)

281%+15,121 bps YoY

Net Worth / Assets

18.76%-324 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2001Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets-2.32%-4.75%-4.95%-5.87%-6.83%-451 bps
Return on Equity-10.56%-23.41%-25.16%-27.87%-36.41%-2,586 bps
Net Interest Margin5.13%4.23%4.09%4.35%2.82%-230 bps
Efficiency Ratio130.11%186.87%193.18%204%281%+15,121 bps
Growth
Asset Growth (YoY)-26.43%-34.80%-24.13%-29.48%-15.95%+1,047 bps
Loan Growth (YoY)-34.49%-41.68%-51.97%-44.29%-42.94%-846 bps
Share Growth (YoY)-30.22%-38.00%-24.35%-30.62%-12.48%+1,774 bps
Asset Quality
Delinquent Loans / Loans7.49%6.47%3.42%5.09%2.66%-482 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.99%5.34%7.03%7.88%9.40%+541 bps
Capital
Risk-Based Capital22.00%20.31%19.69%21.08%18.76%-324 bps
Net Worth / Assets22.00%20.31%19.69%21.08%18.76%-324 bps
Liquidity & Funding
Loans / Shares59.26%51.52%41.89%46.18%38.63%-2,063 bps
Liquid Assets / Assets45.36%48.77%57.35%54.42%60.08%+1,472 bps