PackageTrendsPeer
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Legacy

Portland, OR · Charter 20512

NCUA · 3 branches

Q4 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: Q4 2021, the quarter ended December 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

Legacy

Portland, OR · Charter 20512

NCUA · 3 branches

Q4 2021

$53.5MAssets
$9.4MLoans
$47.2MShares
$5.7MNet 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 -1.63%, down 213 bps year over year; NIM at 0.89%.
  • Asset quality: problem loans at 0.00% of loans (-2 bps YoY).
  • Capital: net worth / assets of 10.63%, down 182 bps from a year ago.
  • Funding: loans stand at 19.99% of shares as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

-1.63%-213 bps YoY

Net Interest Margin (YTD, annualized)

0.89%-76 bps YoY

Efficiency Ratio (YTD, annualized)

204%+13,041 bps YoY

Net Worth / Assets

10.63%-182 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets0.50%-0.31%-0.15%0.04%-1.63%-213 bps
Return on Equity4.01%-2.56%-1.23%0.29%-15.34%-1,935 bps
Net Interest Margin1.65%1.03%0.95%0.94%0.89%-76 bps
Efficiency Ratio73.42%118.24%104.86%93.10%204%+13,041 bps
Growth
Asset Growth (YoY)12.40%11.82%6.95%2.91%1.52%-1,088 bps
Loan Growth (YoY)-15.62%-16.14%-16.94%-20.61%-23.06%-743 bps
Share Growth (YoY)13.66%13.44%7.86%3.37%2.57%-1,109 bps
Asset Quality
Delinquent Loans / Loans0.02%0.00%0.01%0.00%0.00%-2 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.58%1.78%1.84%2.09%2.20%+62 bps
Capital
Risk-Based Capital12.44%12.30%12.38%12.55%10.63%-182 bps
Net Worth / Assets12.44%12.30%12.38%12.55%10.63%-182 bps
Liquidity & Funding
Loans / Shares26.65%24.86%23.37%21.88%19.99%-666 bps
Liquid Assets / Assets99.40%99.84%0.00%99.91%99.45%+5 bps