PackageTrendsPeer
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Federal Employees West

Los Angeles, CA · Charter 12442

NCUA · 1 branch

Q2 2021

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: Q2 2021, the quarter ended June 30, 2021, 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

Federal Employees West

Los Angeles, CA · Charter 12442

NCUA · 1 branch

Q2 2021

$12.5MAssets
$2.6MLoans
$11.8MShares
$434KNet 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 -4.08%, down 305 bps year over year; NIM at 1.89%.
  • Asset quality: problem loans at 0.03% of loans (-1 bps YoY).
  • Capital: net worth / assets of 3.48%, down 252 bps from a year ago.
  • Funding: loans stand at 22.03% of shares as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

-4.08%-305 bps YoY

Net Interest Margin (YTD, annualized)

1.89%-103 bps YoY

Efficiency Ratio (YTD, annualized)

287%+17,741 bps YoY

Net Worth / Assets

3.48%-252 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets-1.04%-0.66%-0.68%-0.60%-4.08%-305 bps
Return on Equity-17.28%-11.16%-11.88%-11.10%-117.44%-10,016 bps
Net Interest Margin2.92%2.75%2.65%1.95%1.89%-103 bps
Efficiency Ratio109.54%103.43%107.23%123.60%287%+17,741 bps
Growth
Asset Growth (YoY)5.45%3.52%5.64%11.89%5.54%+9 bps
Loan Growth (YoY)-2.11%-15.89%-17.58%-17.69%-17.88%-1,577 bps
Share Growth (YoY)7.29%4.09%6.77%13.36%6.29%-100 bps
Asset Quality
Delinquent Loans / Loans0.04%0.00%0.94%0.58%0.03%-1 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.84%2.15%2.37%2.22%1.27%-57 bps
Capital
Risk-Based Capital6.00%5.88%5.70%5.36%3.48%-252 bps
Net Worth / Assets6.00%5.88%5.70%5.36%3.48%-252 bps
Liquidity & Funding
Loans / Shares28.52%27.10%26.19%24.48%22.03%-649 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps