Lynchburg, VA · Charter 66914
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.
Lynchburg, VA · Charter 66914
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 | 1.20% | 1.10% | 0.02% | 0.72% | 0.64% | -55 bps | |
| Return on Equity | 7.06% | 6.43% | 0.13% | 4.20% | 3.63% | -344 bps | |
| Net Interest Margin | 2.95% | 2.79% | 1.65% | 2.63% | 2.51% | -44 bps | |
| Efficiency Ratio | 59.44% | 60.37% | 98.75% | 72.72% | 74.37% | +1,493 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.55% | 0.43% | 1.08% | -2.65% | -6.02% | -657 bps | |
| Loan Growth (YoY) | -5.33% | -11.26% | -27.37% | -23.69% | -16.50% | -1,117 bps | |
| Share Growth (YoY) | 0.81% | 1.02% | 2.08% | -3.03% | -6.92% | -773 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 7.18% | 6.61% | 12.95% | 5.84% | 0.00% | -718 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 10.59% | 9.75% | 11.21% | 13.58% | 12.68% | +209 bps | |
| Capital | |||||||
| Risk-Based Capital | 16.95% | 17.17% | 16.18% | 17.11% | 17.74% | +79 bps | |
| Net Worth / Assets | 16.95% | 17.17% | 16.18% | 17.11% | 17.74% | +79 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 18.01% | 19.59% | 16.87% | 14.55% | 16.16% | -185 bps | |
| Liquid Assets / Assets | 84.47% | 83.38% | 85.80% | 87.17% | 86.08% | +161 bps | |