PackageTrendsPeer
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I B E W Richmond VA Local 666

Richmond, VA · Charter 9426

Q3 2011

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 2011, the quarter ended September 30, 2011, 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

I B E W Richmond VA Local 666

Richmond, VA · Charter 9426

Q3 2011

$946KAssets
$448KLoans
$903KShares
$41KNet 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 -4.04%, down 359 bps year over year; NIM at 3.46%.
  • Asset quality: problem loans at 1.98% of loans (-314 bps YoY).
  • Capital: net worth / assets of 4.33%, down 777 bps from a year ago.
  • Funding: loans stand at 49.59% of shares as of Q3 2011.

Financial Results

Return on Assets (YTD, annualized)

-4.04%-359 bps YoY

Net Interest Margin (YTD, annualized)

3.46%-52 bps YoY

Efficiency Ratio (YTD, annualized)

198.22%+8,806 bps YoY

Net Worth / Assets

4.33%-777 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2010Q3 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-0.46%-2.29%-5.15%-3.87%-4.04%-359 bps
Return on Equity-3.78%-22.38%-69.95%-72.42%-93.26%-8,948 bps
Net Interest Margin3.98%3.54%3.13%3.59%3.46%-52 bps
Efficiency Ratio110.16%125.73%228%189.06%198.22%+8,806 bps
Growth
Asset Growth (YoY)2.31%2.45%-18.71%-21.70%-21.88%-2,419 bps
Loan Growth (YoY)-12.46%-19.05%-37.54%-43.59%-43.68%-3,122 bps
Share Growth (YoY)5.92%7.66%-11.96%-15.81%-15.02%-2,094 bps
Asset Quality
Delinquent Loans / Loans5.12%10.34%12.84%4.56%1.98%-314 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.77%1.22%4.44%2.76%1.26%-51 bps
Capital
Risk-Based Capital12.11%10.25%7.36%5.35%4.33%-777 bps
Net Worth / Assets12.11%10.25%7.36%5.35%4.33%-777 bps
Liquidity & Funding
Loans / Shares74.82%61.65%56.36%51.21%49.59%-2,523 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps