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Canco Maryland

Baltimore, MD · Charter 9902

Q1 2003

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: Q1 2003, the quarter ended March 31, 2003, 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

Canco Maryland

Baltimore, MD · Charter 9902

Q1 2003

$1.2MAssets
$763KLoans
$948KShares
$258KNet 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 -45.17%, down 4,600 bps year over year; NIM at 6.58%.
  • Asset quality: problem loans at 9.71% of loans (+217 bps YoY).
  • Capital: net worth / assets of 21.25%, down 591 bps from a year ago.
  • Funding: loans stand at 80.48% of shares as of Q1 2003.

Financial Results

Return on Assets (YTD, annualized)

-45.17%-4,600 bps YoY

Net Interest Margin (YTD, annualized)

6.58%-75 bps YoY

Efficiency Ratio (YTD, annualized)

163.80%+7,699 bps YoY

Net Worth / Assets

21.25%-591 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2001Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.84%-4.74%-3.62%-3.30%-45.17%-4,600 bps
Return on Equity3.08%-17.48%-13.84%-11.77%-213%-21,566 bps
Net Interest Margin7.33%5.87%6.13%6.75%6.58%-75 bps
Efficiency Ratio86.81%106.15%108.35%111.14%163.80%+7,699 bps
Growth
Asset Growth (YoY)-13.19%-14.50%-17.08%-20.76%-25.34%-1,215 bps
Loan Growth (YoY)4.02%-12.57%-15.60%-14.89%-27.01%-3,104 bps
Share Growth (YoY)-19.42%-20.25%-15.15%-28.30%-19.60%-18 bps
Asset Quality
Delinquent Loans / Loans7.55%11.23%11.42%13.47%9.71%+217 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.10%4.22%4.07%4.27%16.01%+1,291 bps
Capital
Risk-Based Capital27.15%27.12%26.14%28.06%21.25%-591 bps
Net Worth / Assets27.15%27.12%26.14%28.06%21.25%-591 bps
Liquidity & Funding
Loans / Shares88.65%78.33%85.73%95.94%80.48%-817 bps
Liquid Assets / Assets13.13%15.72%16.55%11.45%23.51%+1,039 bps