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Elcose

Elkhart, IN · Charter 14543

Q4 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: Q4 2014, the quarter ended December 31, 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

Elcose

Elkhart, IN · Charter 14543

Q4 2014

$8.3MAssets
$4.3MLoans
$7.1MShares
$1.2MNet Worth

Executive Summary

  • Earnings: ROA of -0.08%, down 9 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 8.29% of loans (+417 bps YoY).
  • Capital: net worth / assets of 14.26%, up 555 bps from a year ago.
  • Funding: loans stand at 60.56% of shares as of Q4 2014.

Return on Assets (YTD, annualized)

-0.08%-9 bps YoY

Net Interest Margin (YTD, annualized)

4.02%+130 bps YoY

Efficiency Ratio (YTD, annualized)

99.95%+811 bps YoY

Net Worth / Assets

14.26%+555 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets-0.03%-0.13%-0.07%0.01%0.13%0.15%0.17%-0.08%-9 bps
Return on Equity-0.40%-1.55%-0.81%0.13%1.53%1.68%1.93%-0.54%-67 bps
Net Interest Margin2.66%2.71%2.77%2.72%2.47%2.49%2.54%4.02%+130 bps
Efficiency Ratio92.04%94.63%93.19%91.83%94.64%94.54%94.03%99.95%+811 bps
Growth
Asset Growth (YoY)-3.01%-3.93%-1.90%2.21%1.19%-0.19%-1.76%-39.24%-4,145 bps
Loan Growth (YoY)-2.66%1.40%-0.52%-2.55%-6.44%-13.38%-13.26%-36.57%-3,402 bps
Share Growth (YoY)-3.22%-3.91%-2.18%2.36%1.36%-0.46%-2.11%-43.38%-4,574 bps
Asset Quality
Delinquent Loans / Loans2.43%2.49%2.63%4.11%2.92%5.93%5.85%8.29%+417 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans1.64%1.66%1.86%1.98%2.03%2.05%2.08%2.62%+65 bps
Capital
Risk-Based Capital8.44%8.53%8.74%8.71%8.39%8.69%9.02%14.26%+555 bps
Net Worth / Assets8.44%8.53%8.74%8.71%8.39%8.69%9.02%14.26%+555 bps
Liquidity & Funding
Loans / Shares53.57%56.21%55.85%54.06%49.45%48.91%49.49%60.56%+650 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps