PackageTrendsPeer
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IBEW Local 613

Atlanta, GA · Charter 67871

Q1 2005

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: Q1 2005, the quarter ended March 31, 2005, 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

IBEW Local 613

Atlanta, GA · Charter 67871

Q1 2005

$3.0MAssets
$1.5MLoans
$3.0MShares
$21KNet 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 -10.50%, down 779 bps year over year; NIM at 5.12%.
  • Asset quality: problem loans at 1.83% of loans (-372 bps YoY).
  • Capital: net worth / assets of 0.71%, down 801 bps from a year ago.
  • Funding: loans stand at 50.69% of shares as of Q1 2005.

Financial Results

Return on Assets (YTD, annualized)

-10.50%-779 bps YoY

Net Interest Margin (YTD, annualized)

5.12%-132 bps YoY

Efficiency Ratio (YTD, annualized)

261%+12,991 bps YoY

Net Worth / Assets

0.71%-801 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets-2.71%-2.83%-3.30%-7.58%-10.50%-779 bps
Return on Equity-31.06%-34.04%-42.97%-197.65%-1482%-145,083 bps
Net Interest Margin6.44%5.71%5.60%5.77%5.12%-132 bps
Efficiency Ratio131.18%119.98%133.51%191.01%261%+12,991 bps
Growth
Asset Growth (YoY)-13.05%-21.19%-26.34%-29.05%-17.68%-464 bps
Loan Growth (YoY)-26.52%-22.81%-19.99%-21.56%-18.20%+832 bps
Share Growth (YoY)-11.91%-17.42%-22.89%-26.60%-11.45%+46 bps
Asset Quality
Delinquent Loans / Loans5.55%4.10%4.04%1.75%1.83%-372 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.39%3.18%3.11%4.71%4.37%-3 bps
Capital
Risk-Based Capital8.72%8.31%7.67%3.83%0.71%-801 bps
Net Worth / Assets8.72%8.31%7.67%3.83%0.71%-801 bps
Liquidity & Funding
Loans / Shares54.88%53.82%54.50%54.89%50.69%-418 bps
Liquid Assets / Assets46.72%46.07%45.31%44.89%41.05%-567 bps