PackageTrendsPeer
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City of Alexandria Emp Credit Union

Alexandria, VA · Charter 66946

Q2 2008

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: Q2 2008, the quarter ended June 30, 2008, 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

City of Alexandria Emp Credit Union

Alexandria, VA · Charter 66946

Q2 2008

$27.9MAssets
$21.1MLoans
$25.1MShares
$2.6MNet Worth

Executive Summary

  • Earnings: ROA of -1.56%, down 317 bps year over year; NIM at 4.54%.
  • Asset quality: problem loans at 0.80% of loans (+30 bps YoY).
  • Capital: net worth / assets of 9.25%, down 84 bps from a year ago.
  • Funding: loans stand at 84.07% of shares as of Q2 2008.

Return on Assets (YTD, annualized)

-1.56%-317 bps YoY

Net Interest Margin (YTD, annualized)

4.54%-51 bps YoY

Efficiency Ratio (YTD, annualized)

125.35%+4,006 bps YoY

Net Worth / Assets

9.25%-84 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.88%1.01%2.08%1.61%1.32%0.12%0.16%-1.56%-317 bps
Return on Equity9.99%10.71%22.01%15.96%12.63%1.14%1.65%-16.89%-3,284 bps
Net Interest Margin5.08%5.29%4.89%5.05%5.11%5.43%4.43%4.54%-51 bps
Efficiency Ratio84.64%83.82%84.82%85.29%85.98%88.99%97.37%125.35%+4,006 bps
Growth
Asset Growth (YoY)2.61%2.82%1.43%-4.05%-3.67%-7.29%-6.09%-6.34%-229 bps
Loan Growth (YoY)11.54%16.34%11.15%2.94%-1.72%-1.73%-0.52%-3.78%-672 bps
Share Growth (YoY)1.81%1.78%0.16%-5.68%-5.46%-7.99%-6.09%-5.25%+43 bps
Asset Quality
Delinquent Loans / Loans0.25%0.24%0.44%0.49%0.64%0.44%0.66%0.80%+30 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.79%0.84%0.39%0.39%0.38%0.60%0.62%0.61%+22 bps
Capital
Risk-Based Capital8.81%9.46%9.43%10.09%10.47%10.32%9.64%9.25%-84 bps
Net Worth / Assets8.81%9.46%9.43%10.09%10.47%10.32%9.64%9.25%-84 bps
Liquidity & Funding
Loans / Shares81.90%85.91%78.90%82.79%85.15%91.75%83.58%84.07%+128 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps