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Savannah Seaboard

Savannah, GA · Charter 6951

Q2 2006

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: Q2 2006, the quarter ended June 30, 2006, 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

Savannah Seaboard

Savannah, GA · Charter 6951

Q2 2006

$4.1MAssets
$2.1MLoans
$3.6MShares
$533KNet 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 -2.51%, down 58 bps year over year; NIM at 0.95%.
  • Asset quality: problem loans at 0.21% of loans (-65 bps YoY).
  • Capital: net worth / assets of 12.90%, down 310 bps from a year ago.
  • Funding: loans stand at 58.85% of shares as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

-2.51%-58 bps YoY

Net Interest Margin (YTD, annualized)

0.95%-355 bps YoY

Efficiency Ratio (YTD, annualized)

278%+15,624 bps YoY

Net Worth / Assets

12.90%-310 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets-1.93%-1.22%-1.19%0.33%-2.51%-58 bps
Return on Equity-12.07%-7.48%-6.62%1.90%-19.49%-742 bps
Net Interest Margin4.50%4.64%5.20%5.50%0.95%-355 bps
Efficiency Ratio121.83%117.54%112.05%95.82%278%+15,624 bps
Growth
Asset Growth (YoY)2.41%2.85%-6.24%-14.59%-4.28%-669 bps
Loan Growth (YoY)1.56%-0.43%-1.77%2.01%1.05%-50 bps
Share Growth (YoY)5.01%4.74%-6.50%-16.65%-0.79%-580 bps
Asset Quality
Delinquent Loans / Loans0.86%2.09%1.54%1.51%0.21%-65 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.77%0.74%0.71%0.83%0.03%-74 bps
Capital
Risk-Based Capital16.00%16.33%17.89%17.61%12.90%-310 bps
Net Worth / Assets16.00%16.33%17.89%17.61%12.90%-310 bps
Liquidity & Funding
Loans / Shares57.78%63.33%71.28%69.61%58.85%+107 bps
Liquid Assets / Assets44.44%41.63%35.56%38.19%0.00%-4,444 bps