Nashville, TN · Charter 68088
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 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.
Nashville, TN · Charter 68088
Q4 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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.63% | 0.51% | 0.55% | 0.57% | -1.12% | -175 bps | |
| Return on Equity | 3.91% | 3.25% | 3.55% | 3.69% | -7.71% | -1,162 bps | |
| Net Interest Margin | 3.89% | 3.88% | 3.79% | 3.78% | 3.88% | -1 bps | |
| Efficiency Ratio | 83.20% | 83.86% | 83.00% | 82.28% | 106.20% | +2,300 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 13.46% | 11.92% | 6.80% | 4.89% | 2.67% | -1,079 bps | |
| Loan Growth (YoY) | -4.28% | -7.62% | -7.53% | -9.05% | -13.79% | -951 bps | |
| Share Growth (YoY) | 15.15% | 13.38% | 7.64% | 5.35% | 4.29% | -1,085 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.90% | 0.69% | 0.72% | 0.65% | 0.56% | -34 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.56% | 1.59% | 1.51% | 1.30% | 2.10% | +54 bps | |
| Capital | |||||||
| Risk-Based Capital | 16.10% | 15.56% | 15.38% | 15.52% | 14.56% | -154 bps | |
| Net Worth / Assets | 16.10% | 15.56% | 15.38% | 15.52% | 14.56% | -154 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 56.83% | 52.34% | 49.51% | 48.77% | 46.98% | -985 bps | |
| Liquid Assets / Assets | 44.01% | 48.31% | 50.55% | 51.17% | 50.59% | +658 bps | |