PackageTrendsPeer
Letter portraitLegal landscape

Westside Employees

Santa Monica, CA · Charter 12413

Q3 2014

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 2014, the quarter ended September 30, 2014, 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

Westside Employees

Santa Monica, CA · Charter 12413

Q3 2014

$12.0MAssets
$3.6MLoans
$11.2MShares
$803KNet 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 -0.43%, up 242 bps year over year; NIM at 2.64%.
  • Asset quality: problem loans at 3.67% of loans (-48 bps YoY).
  • Capital: net worth / assets of 6.67%, up 26 bps from a year ago.
  • Funding: loans stand at 32.33% of shares as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.43%+242 bps YoY

Net Interest Margin (YTD, annualized)

2.64%+18 bps YoY

Efficiency Ratio (YTD, annualized)

166.56%+3,008 bps YoY

Net Worth / Assets

6.67%+26 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets-2.85%-2.40%0.10%-0.66%-0.43%+242 bps
Return on Equity-44.47%-33.40%1.41%-9.99%-6.46%+3,801 bps
Net Interest Margin2.46%2.85%2.73%2.64%2.64%+18 bps
Efficiency Ratio136.48%136.34%225%188.13%166.56%+3,008 bps
Growth
Asset Growth (YoY)9.23%2.31%-0.52%4.15%-8.31%-1,754 bps
Loan Growth (YoY)-11.00%-10.39%-12.01%-12.80%-27.73%-1,672 bps
Share Growth (YoY)13.08%5.15%-0.34%5.10%-8.46%-2,154 bps
Asset Quality
Delinquent Loans / Loans4.15%0.30%1.06%2.75%3.67%-48 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans4.17%3.65%1.22%1.20%0.95%-323 bps
Capital
Risk-Based Capital6.41%7.18%7.04%6.61%6.67%+26 bps
Net Worth / Assets6.41%7.18%7.04%6.61%6.67%+26 bps
Liquidity & Funding
Loans / Shares40.95%43.67%41.35%39.77%32.33%-862 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps