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Premier

Greensboro, NC · Charter 15863

NCUA · 8 branches

Q1 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: Q1 2021, the quarter ended March 31, 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

Premier

Greensboro, NC · Charter 15863

NCUA · 8 branches

Q1 2021

$251.6MAssets
$119.8MLoans
$218.2MShares
$30.8MNet 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 0.08%, down 61 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.43% of loans (-58 bps YoY).
  • Capital: net worth / assets of 12.26%, down 326 bps from a year ago.
  • Funding: loans stand at 54.90% of shares as of Q1 2021.

Financial Results

Return on Assets (YTD, annualized)

0.08%-61 bps YoY

Net Interest Margin (YTD, annualized)

2.70%-123 bps YoY

Efficiency Ratio (YTD, annualized)

93.89%+1,064 bps YoY

Net Worth / Assets

12.26%-326 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets0.69%0.39%0.43%0.16%0.08%-61 bps
Return on Equity4.43%2.74%3.09%1.17%0.65%-378 bps
Net Interest Margin3.93%3.44%3.32%3.14%2.70%-123 bps
Efficiency Ratio83.25%86.57%85.80%90.47%93.89%+1,064 bps
Growth
Asset Growth (YoY)3.89%14.96%18.60%18.51%26.88%+2,299 bps
Loan Growth (YoY)5.54%0.70%-3.03%-5.20%-6.87%-1,241 bps
Share Growth (YoY)3.19%17.06%22.13%21.33%32.77%+2,958 bps
Asset Quality
Delinquent Loans / Loans1.01%0.88%0.79%0.76%0.43%-58 bps
Net Charge-Offs / Loans0.00%0.00%0.00%n/an/an/a
Allowance / Loans1.00%0.99%0.97%0.94%0.91%-9 bps
Capital
Risk-Based Capital15.52%14.13%14.02%13.82%12.26%-326 bps
Net Worth / Assets15.52%14.13%14.02%13.82%12.26%-326 bps
Liquidity & Funding
Loans / Shares78.27%67.73%66.13%64.82%54.90%-2,337 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps