PackageTrendsPeer
Letter portraitLegal landscape

Asbestos Workers Local 53

Kenner, LA · Charter 14160

NCUA · 1 branch

Q2 2020

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 2020, the quarter ended June 30, 2020, 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

Asbestos Workers Local 53

Kenner, LA · Charter 14160

NCUA · 1 branch

Q2 2020

$277KAssets
$174KLoans
$192KShares
$84KNet 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 0.65%, down 111 bps year over year; NIM at 7.53%.
  • Asset quality: problem loans at 31.35% of loans (+2,433 bps YoY).
  • Capital: net worth / assets of 30.18%, up 662 bps from a year ago.
  • Funding: loans stand at 90.32% of shares as of Q2 2020.

Financial Results

Return on Assets (YTD, annualized)

0.65%-111 bps YoY

Net Interest Margin (YTD, annualized)

7.53%-6 bps YoY

Efficiency Ratio (YTD, annualized)

86.92%+839 bps YoY

Net Worth / Assets

30.18%+662 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2019Q3 2019Q4 2019Q1 2020Q2 2020YoY ΔTrend
Earnings
Return on Assets1.76%0.96%1.31%0.07%0.65%-111 bps
Return on Equity7.48%4.19%5.51%0.28%2.17%-531 bps
Net Interest Margin7.60%6.82%7.27%5.97%7.53%-6 bps
Efficiency Ratio78.52%79.36%75.74%89.65%86.92%+839 bps
Growth
Asset Growth (YoY)3.73%11.12%12.03%6.55%-18.03%-2,176 bps
Loan Growth (YoY)-6.98%1.16%-1.96%-12.55%-19.79%-1,281 bps
Share Growth (YoY)7.99%13.06%14.14%7.04%-25.13%-3,312 bps
Asset Quality
Delinquent Loans / Loans7.02%12.77%19.19%23.51%31.35%+2,433 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans10.80%9.73%10.88%12.44%14.92%+411 bps
Capital
Risk-Based Capital23.56%22.79%23.82%24.01%30.18%+662 bps
Net Worth / Assets23.56%22.79%23.82%24.01%30.18%+662 bps
Liquidity & Funding
Loans / Shares84.31%81.99%79.91%75.38%90.32%+601 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps