PackageTrendsPeer
Letter portraitLegal landscape

Teachers' & Comm. CU of E. Prov.

East Providence, RI · Charter 67283

Q3 2004

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: Q3 2004, the quarter ended September 30, 2004, 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

Teachers' & Comm. CU of E. Prov.

East Providence, RI · Charter 67283

Q3 2004

$13.9MAssets
$11.7MLoans
$12.1MShares
$1.7MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 0.49%, down 20 bps year over year; NIM at 4.43%.
  • Asset quality: problem loans at 0.24% of loans (-9 bps YoY).
  • Capital: net worth / assets of 12.38%, up 46 bps from a year ago.
  • Funding: loans stand at 96.45% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

0.49%-20 bps YoY

Net Interest Margin (YTD, annualized)

4.43%+44 bps YoY

Efficiency Ratio (YTD, annualized)

89.70%+507 bps YoY

Net Worth / Assets

12.38%+46 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.69%0.68%0.48%0.50%0.49%-20 bps
Return on Equity5.76%5.55%4.03%4.39%3.95%-181 bps
Net Interest Margin3.99%4.13%4.28%4.03%4.43%+44 bps
Efficiency Ratio84.62%85.44%89.50%88.69%89.70%+507 bps
Growth
Asset Growth (YoY)13.54%10.04%6.50%5.84%0.56%-1,298 bps
Loan Growth (YoY)18.49%31.20%31.23%18.39%15.81%-268 bps
Share Growth (YoY)14.58%10.86%6.87%6.07%0.05%-1,453 bps
Asset Quality
Delinquent Loans / Loans0.34%0.16%0.08%0.22%0.24%-9 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.24%0.20%0.21%0.17%0.18%-6 bps
Capital
Risk-Based Capital11.93%12.17%11.81%11.30%12.38%+46 bps
Net Worth / Assets11.93%12.17%11.81%11.30%12.38%+46 bps
Liquidity & Funding
Loans / Shares83.33%91.51%87.91%83.96%96.45%+1,312 bps
Liquid Assets / Assets19.26%12.07%15.07%21.72%11.26%-800 bps