Winston-Salem, NC · Charter 66325
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, 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.
Winston-Salem, NC · Charter 66325
Q1 2009
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 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.13% | 0.61% | 0.52% | 0.01% | -3.13% | -326 bps | |
| Return on Equity | 1.10% | 5.30% | 4.44% | 0.14% | -32.51% | -3,361 bps | |
| Net Interest Margin | 4.37% | 4.36% | 4.38% | 4.05% | 3.84% | -53 bps | |
| Efficiency Ratio | 80.72% | 79.40% | 78.64% | 79.09% | 79.77% | -95 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -1.66% | 1.22% | 1.39% | 3.75% | 9.58% | +1,123 bps | |
| Loan Growth (YoY) | 3.35% | 0.79% | -0.71% | -0.22% | 11.25% | +790 bps | |
| Share Growth (YoY) | -1.58% | 1.46% | 1.30% | 4.22% | 11.46% | +1,304 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.71% | 0.93% | 0.58% | 0.52% | 0.68% | -3 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.81% | 0.83% | 0.83% | 1.06% | 0.99% | +18 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.44% | 11.54% | 11.61% | 10.82% | 9.64% | -180 bps | |
| Net Worth / Assets | 11.44% | 11.54% | 11.61% | 10.82% | 9.64% | -180 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 86.37% | 85.32% | 84.78% | 80.16% | 86.20% | -17 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |