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Transport

Federal Way, WA · Charter 7975

Q4 2009

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: Q4 2009, the quarter ended December 31, 2009, 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

Transport

Federal Way, WA · Charter 7975

Q4 2009

$2.8MAssets
$2.4MLoans
$2.4MShares
$61KNet 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 -2.39%, up 177 bps year over year; NIM at 5.89%.
  • Asset quality: problem loans at 0.91% of loans (-388 bps YoY).
  • Capital: net worth / assets of 2.18%, down 367 bps from a year ago.
  • Funding: loans stand at 100.62% of shares as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.39%+177 bps YoY

Net Interest Margin (YTD, annualized)

5.89%+63 bps YoY

Efficiency Ratio (YTD, annualized)

107.43%-2,709 bps YoY

Net Worth / Assets

2.18%-367 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-4.16%-5.39%-5.83%-3.34%-2.39%+177 bps
Return on Equity-71.04%-134.32%-307%-148.62%-109.79%-3,875 bps
Net Interest Margin5.26%5.74%5.60%5.98%5.89%+63 bps
Efficiency Ratio134.52%124.31%153.21%106.64%107.43%-2,709 bps
Growth
Asset Growth (YoY)-11.14%-3.31%10.32%22.92%19.87%+3,101 bps
Loan Growth (YoY)-1.15%24.33%59.07%41.52%36.53%+3,768 bps
Share Growth (YoY)-5.93%0.41%6.16%17.75%9.59%+1,552 bps
Asset Quality
Delinquent Loans / Loans4.79%0.89%0.18%0.65%0.91%-388 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.91%1.79%1.88%1.83%1.70%-21 bps
Capital
Risk-Based Capital5.85%4.01%1.90%2.24%2.18%-367 bps
Net Worth / Assets5.85%4.01%1.90%2.24%2.18%-367 bps
Liquidity & Funding
Loans / Shares80.76%93.34%105.53%106.42%100.62%+1,985 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps