Richmond, VA · Charter 66931
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Richmond, VA · Charter 66931
Q4 2003
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.52% | 0.97% | 0.66% | 0.54% | 0.56% | +4 bps | |
| Return on Equity | 4.48% | 8.11% | 5.53% | 4.56% | 4.64% | +16 bps | |
| Net Interest Margin | 3.85% | 3.93% | 3.78% | 3.62% | 3.65% | -20 bps | |
| Efficiency Ratio | 73.01% | 71.37% | 73.41% | 74.22% | 73.80% | +78 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 10.67% | 3.99% | 3.48% | 4.49% | 0.99% | -968 bps | |
| Loan Growth (YoY) | 1.00% | -2.61% | -6.61% | -6.33% | -8.21% | -921 bps | |
| Share Growth (YoY) | 12.11% | 4.58% | 2.94% | 3.97% | 0.59% | -1,153 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.71% | 3.07% | 2.87% | 3.47% | 3.18% | -53 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.40% | 1.33% | 1.42% | 1.42% | 1.39% | -1 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.53% | 11.98% | 11.90% | 11.83% | 11.98% | +44 bps | |
| Net Worth / Assets | 11.53% | 11.98% | 11.90% | 11.83% | 11.98% | +44 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 78.74% | 80.21% | 75.59% | 73.15% | 71.85% | -688 bps | |
| Liquid Assets / Assets | 15.61% | 11.76% | 15.63% | 19.56% | 24.64% | +904 bps | |