Menlo Park, CA · Charter 13394
NCUA · 2 branches
Q1 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Menlo Park, CA · Charter 13394
NCUA · 2 branches
Q1 2022
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.94% | 0.85% | 0.77% | 0.57% | 0.39% | -55 bps | |
| Return on Equity | 6.90% | 6.19% | 5.63% | 4.29% | 2.89% | -401 bps | |
| Net Interest Margin | 2.21% | 2.15% | 2.09% | 2.01% | 1.82% | -39 bps | |
| Efficiency Ratio | 64.36% | 65.33% | 66.97% | 73.73% | 77.59% | +1,323 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 8.52% | 4.89% | 6.29% | 3.74% | 4.78% | -374 bps | |
| Loan Growth (YoY) | 20.65% | 24.39% | 21.74% | 7.82% | 13.82% | -683 bps | |
| Share Growth (YoY) | 9.61% | 5.19% | 6.44% | 4.53% | 4.90% | -471 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.11% | 0.08% | 0.23% | 0.11% | +11 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.08% | 0.08% | 0.11% | 0.12% | 0.15% | +7 bps | |
| Capital | |||||||
| Risk-Based Capital | 13.60% | 13.74% | 13.60% | 13.28% | 13.42% | -18 bps | |
| Net Worth / Assets | 13.60% | 13.74% | 13.60% | 13.28% | 13.42% | -18 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 51.63% | 52.19% | 52.73% | 52.54% | 56.02% | +439 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |