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District One

Denver, CO · Charter 13021

NCUA · 1 branch

Q3 2019

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 2019, the quarter ended September 30, 2019, 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 2026-10-10

District One

Denver, CO · Charter 13021

NCUA · 1 branch

Q3 2019

$2.5MAssets
$303KLoans
$2.1MShares
$354KNet 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 -0.26%, down 58 bps year over year; NIM at 2.41%.
  • Asset quality: problem loans at 0.28% of loans (+28 bps YoY).
  • Capital: net worth / assets of 14.28%, up 57 bps from a year ago.
  • Funding: loans stand at 14.30% of shares as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

-0.26%-58 bps YoY

Net Interest Margin (YTD, annualized)

2.41%+17 bps YoY

Efficiency Ratio (YTD, annualized)

98.13%+1,138 bps YoY

Net Worth / Assets

14.28%+57 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.32%0.31%-0.14%0.19%-0.26%-58 bps
Return on Equity2.31%2.13%-1.01%1.32%-1.82%-413 bps
Net Interest Margin2.24%2.40%2.30%2.36%2.41%+17 bps
Efficiency Ratio86.76%87.82%106.11%92.43%98.13%+1,138 bps
Growth
Asset Growth (YoY)2.87%-3.15%2.51%0.47%-4.89%-775 bps
Loan Growth (YoY)-28.65%-24.74%-21.86%-13.85%-23.44%+521 bps
Share Growth (YoY)2.98%-4.01%2.68%0.18%-5.56%-854 bps
Asset Quality
Delinquent Loans / Loans0.00%0.86%4.89%5.42%0.28%+28 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.58%2.37%2.93%3.12%2.74%+16 bps
Capital
Risk-Based Capital13.71%14.60%14.09%14.22%14.28%+57 bps
Net Worth / Assets13.71%14.60%14.09%14.22%14.28%+57 bps
Liquidity & Funding
Loans / Shares17.64%20.58%16.27%15.48%14.30%-334 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps