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Steuben

Philadelphia, PA · Charter 9372

Q3 2008

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 2008, the quarter ended September 30, 2008, 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

Steuben

Philadelphia, PA · Charter 9372

Q3 2008

$697KAssets
$399KLoans
$560KShares
$102KNet 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 -0.97%, up 84 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 27.46% of loans (-40 bps YoY).
  • Capital: net worth / assets of 14.59%, down 315 bps from a year ago.
  • Funding: loans stand at 71.18% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

-0.97%+84 bps YoY

Net Interest Margin (YTD, annualized)

2.85%-100 bps YoY

Efficiency Ratio (YTD, annualized)

127.87%-1,424 bps YoY

Net Worth / Assets

14.59%-315 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-1.81%-3.38%-2.95%-1.46%-0.97%+84 bps
Return on Equity-10.23%-21.27%-19.01%-10.00%-6.67%+356 bps
Net Interest Margin3.86%2.87%4.33%4.28%2.85%-100 bps
Efficiency Ratio142.11%225%155.12%127.87%127.87%-1,424 bps
Growth
Asset Growth (YoY)-10.15%-10.92%-9.24%-0.92%2.82%+1,297 bps
Loan Growth (YoY)43.94%37.14%43.75%63.48%42.06%-189 bps
Share Growth (YoY)-8.42%-9.55%-13.62%-3.53%0.50%+892 bps
Asset Quality
Delinquent Loans / Loans27.86%19.28%16.38%11.61%27.46%-40 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.16%1.46%1.55%1.21%1.21%+5 bps
Capital
Risk-Based Capital17.73%15.91%15.51%14.59%14.59%-315 bps
Net Worth / Assets17.73%15.91%15.51%14.59%14.59%-315 bps
Liquidity & Funding
Loans / Shares50.36%47.23%59.71%71.18%71.18%+2,082 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps