Cookville, TN · Charter 67233
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 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.
Cookville, TN · Charter 67233
Q3 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 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.39% | 1.66% | 0.87% | 1.00% | 0.94% | -44 bps | |
| Return on Equity | 9.35% | 8.96% | 5.15% | 6.28% | 5.98% | -337 bps | |
| Net Interest Margin | 2.56% | 3.05% | 2.52% | 2.29% | 2.27% | -28 bps | |
| Efficiency Ratio | 55.42% | 55.89% | 65.83% | 61.22% | 63.67% | +825 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 46.61% | -1.61% | 23.45% | 6.00% | 0.77% | -4,584 bps | |
| Loan Growth (YoY) | -21.48% | -17.85% | -17.39% | -21.24% | -14.75% | +673 bps | |
| Share Growth (YoY) | 53.28% | -4.62% | 26.36% | 5.71% | -0.34% | -5,363 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.51% | 2.00% | 1.54% | 2.80% | 6.54% | +503 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.01% | 1.00% | 0.84% | 0.95% | 1.01% | 0 bps | |
| Capital | |||||||
| Risk-Based Capital | 14.84% | 18.53% | 16.83% | 15.89% | 15.77% | +93 bps | |
| Net Worth / Assets | 14.84% | 18.53% | 16.83% | 15.89% | 15.77% | +93 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 30.95% | 37.90% | 30.65% | 26.19% | 26.47% | -447 bps | |
| Liquid Assets / Assets | 72.58% | 61.48% | 68.76% | 74.11% | 73.97% | +139 bps | |