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Savannah Federal

Savannah, GA · Charter 67445

NCUA · 1 branch

Q3 2018

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 2018, the quarter ended September 30, 2018, 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 2026-10-10

Savannah Federal

Savannah, GA · Charter 67445

NCUA · 1 branch

Q3 2018

$20.2MAssets
$7.8MLoans
$16.8MShares
$3.7MNet 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 -1.15%, down 156 bps year over year; NIM at 2.49%.
  • Asset quality: problem loans at 0.08% of loans (-42 bps YoY).
  • Capital: net worth / assets of 18.35%, down 87 bps from a year ago.
  • Funding: loans stand at 46.27% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

-1.15%-156 bps YoY

Net Interest Margin (YTD, annualized)

2.49%+20 bps YoY

Efficiency Ratio (YTD, annualized)

132.74%+4,533 bps YoY

Net Worth / Assets

18.35%-87 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets0.41%0.39%0.42%0.34%-1.15%-156 bps
Return on Equity2.14%1.97%2.09%1.73%-6.27%-841 bps
Net Interest Margin2.30%2.44%2.58%2.58%2.49%+20 bps
Efficiency Ratio87.41%88.53%88.04%90.18%132.74%+4,533 bps
Growth
Asset Growth (YoY)3.65%1.70%-0.52%-0.86%0.40%-325 bps
Loan Growth (YoY)5.62%1.42%3.52%7.61%0.79%-483 bps
Share Growth (YoY)3.52%1.30%-0.82%-2.62%2.16%-136 bps
Asset Quality
Delinquent Loans / Loans0.50%0.49%0.48%0.47%0.08%-42 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.33%2.29%2.29%2.18%2.05%-29 bps
Capital
Risk-Based Capital19.22%19.88%20.02%19.96%18.35%-87 bps
Net Worth / Assets19.22%19.88%20.02%19.96%18.35%-87 bps
Liquidity & Funding
Loans / Shares46.90%49.18%48.98%49.11%46.27%-63 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps