Covington, VA · Charter 66917
Q4 2001
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2001, the quarter ended December 31, 2001, 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.
Covington, VA · Charter 66917
Q4 2001
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 | Q4 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -2.02% | -0.20% | -2.25% | 0.79% | 0.81% | +283 bps | |
| Return on Equity | n/a | n/a | -16.78% | 5.26% | 5.40% | n/a | |
| Net Interest Margin | 5.75% | 7.60% | 5.82% | 9.37% | 9.39% | +364 bps | |
| Efficiency Ratio | 134.02% | 102.53% | 136.22% | 91.67% | 91.46% | -4,256 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -32.24% | -35.34% | -32.65% | -21.49% | -14.08% | +1,816 bps | |
| Loan Growth (YoY) | -37.24% | -35.17% | 5.24% | 15.17% | 43.82% | +8,106 bps | |
| Share Growth (YoY) | -34.53% | -37.52% | -33.70% | -21.08% | -14.80% | +1,973 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 2.48% | 0.20% | 0.53% | 0.45% | 0.45% | -203 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 7.64% | 8.15% | 5.86% | 5.32% | 5.32% | -233 bps | |
| Capital | |||||||
| Risk-Based Capital | n/a | n/a | 13.42% | 14.97% | 14.97% | n/a | |
| Net Worth / Assets | n/a | n/a | 13.42% | 14.97% | 14.97% | n/a | |
| Liquidity & Funding | |||||||
| Loans / Shares | 62.53% | 59.68% | 88.80% | 105.55% | 105.55% | +4,302 bps | |
| Liquid Assets / Assets | 30.38% | 32.34% | 24.85% | 10.71% | 10.71% | -1,967 bps | |