PackageTrendsPeer
Letter portraitLegal landscape

Swedlow Employees

Garden Grove, CA · Charter 8612

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Swedlow Employees

Garden Grove, CA · Charter 8612

Q3 2004

$4.0MAssets
$1.8MLoans
$3.6MShares
$318KNet 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 -0.04%, up 54 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 1.41% of loans (-627 bps YoY).
  • Capital: net worth / assets of 7.97%, up 60 bps from a year ago.
  • Funding: loans stand at 48.54% of shares as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

-0.04%+54 bps YoY

Net Interest Margin (YTD, annualized)

3.56%+61 bps YoY

Efficiency Ratio (YTD, annualized)

92.52%-3,831 bps YoY

Net Worth / Assets

7.97%+60 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-0.58%-1.77%-3.68%-1.42%-0.04%+54 bps
Return on Equity-7.80%-26.71%-58.11%-20.48%-0.49%+732 bps
Net Interest Margin2.95%3.12%3.44%3.32%3.56%+61 bps
Efficiency Ratio130.83%136.71%200%127.02%92.52%-3,831 bps
Growth
Asset Growth (YoY)3.59%-3.64%-9.88%-12.10%-22.99%-2,657 bps
Loan Growth (YoY)-22.32%-18.20%-13.31%-13.48%-11.54%+1,078 bps
Share Growth (YoY)3.39%-2.81%-8.14%-10.68%-22.48%-2,587 bps
Asset Quality
Delinquent Loans / Loans7.68%1.11%0.08%0.11%1.41%-627 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.36%0.96%1.18%1.12%1.18%+82 bps
Capital
Risk-Based Capital7.38%6.63%6.33%6.94%7.97%+60 bps
Net Worth / Assets7.38%6.63%6.33%6.94%7.97%+60 bps
Liquidity & Funding
Loans / Shares42.54%47.52%50.53%46.06%48.54%+600 bps
Liquid Assets / Assets20.84%27.70%26.71%30.22%17.19%-365 bps