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Ap

Toledo, OH · Charter 11171

NCUA · 2 branches

Q3 2017

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 2017, the quarter ended September 30, 2017, 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

Ap

Toledo, OH · Charter 11171

NCUA · 2 branches

Q3 2017

$34.5MAssets
$15.2MLoans
$30.5MShares
$3.8MNet 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 -1.69%, down 150 bps year over year; NIM at 2.57%.
  • Asset quality: problem loans at 2.72% of loans (-96 bps YoY).
  • Capital: net worth / assets of 11.00%, down 125 bps from a year ago.
  • Funding: loans stand at 49.80% of shares as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

-1.69%-150 bps YoY

Net Interest Margin (YTD, annualized)

2.57%-1 bps YoY

Efficiency Ratio (YTD, annualized)

112.51%+1,431 bps YoY

Net Worth / Assets

11.00%-125 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets-0.19%-0.34%-1.92%-1.48%-1.69%-150 bps
Return on Equity-1.56%-2.78%-17.09%-13.17%-15.41%-1,385 bps
Net Interest Margin2.58%2.57%2.47%2.51%2.57%-1 bps
Efficiency Ratio98.20%98.16%118.00%107.82%112.51%+1,431 bps
Growth
Asset Growth (YoY)5.67%3.29%5.22%2.80%-1.74%-741 bps
Loan Growth (YoY)0.95%1.30%-3.23%-6.65%-7.50%-845 bps
Share Growth (YoY)6.85%4.04%6.70%4.20%-0.39%-725 bps
Asset Quality
Delinquent Loans / Loans3.68%4.13%3.09%2.56%2.72%-96 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.89%1.03%1.18%1.21%1.29%+40 bps
Capital
Risk-Based Capital12.25%12.09%11.25%11.21%11.00%-125 bps
Net Worth / Assets12.25%12.09%11.25%11.21%11.00%-125 bps
Liquidity & Funding
Loans / Shares53.63%52.62%48.90%49.77%49.80%-383 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps