PackageTrendsPeer
Letter portraitLegal landscape

Glendale Area Schools

Montrose, CA · Charter 2170

NCUA

Q1 2016

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 2016, the quarter ended March 31, 2016, 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

Glendale Area Schools

Montrose, CA · Charter 2170

NCUA

Q1 2016

$355.1MAssets
$71.0MLoans
$308.4MShares
$45.4MNet Worth

Executive Summary

  • Earnings: ROA of 0.87%, up 4 bps year over year; NIM at 1.59%.
  • Asset quality: problem loans at 0.18% of loans (+11 bps YoY).
  • Capital: net worth / assets of 12.78%, up 37 bps from a year ago.
  • Funding: loans stand at 23.02% of shares as of Q1 2016.

Return on Assets (YTD, annualized)

0.87%+4 bps YoY

Net Interest Margin (YTD, annualized)

1.59%+5 bps YoY

Efficiency Ratio (YTD, annualized)

52.21%-96 bps YoY

Net Worth / Assets

12.78%+37 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets0.76%0.79%0.75%0.84%0.79%0.80%0.80%0.87%+4 bps
Return on Equity6.36%6.44%6.08%6.74%6.29%6.24%6.15%6.83%+8 bps
Net Interest Margin1.47%1.49%1.50%1.53%1.49%1.50%1.50%1.59%+5 bps
Efficiency Ratio55.83%55.16%56.33%53.17%55.25%54.91%54.80%52.21%-96 bps
Growth
Asset Growth (YoY)1.39%0.49%0.89%0.76%2.50%2.33%1.34%3.45%+269 bps
Loan Growth (YoY)3.60%9.07%21.96%11.98%8.22%12.55%40.18%59.78%+4,779 bps
Share Growth (YoY)0.91%-0.22%0.24%0.05%1.83%1.91%0.55%2.89%+284 bps
Asset Quality
Delinquent Loans / Loans0.31%0.28%0.25%0.07%0.21%0.34%0.25%0.18%+11 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.81%0.70%0.68%0.70%0.69%0.64%0.45%0.38%-32 bps
Capital
Risk-Based Capital12.03%12.27%12.36%12.41%12.49%12.75%13.00%12.78%+37 bps
Net Worth / Assets12.03%12.27%12.36%12.41%12.49%12.75%13.00%12.78%+37 bps
Liquidity & Funding
Loans / Shares13.85%14.61%15.92%14.82%14.72%16.14%22.19%23.02%+820 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps