PackageTrendsPeer
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West Jefferson

Marrero, LA · Charter 23607

NCUA · 1 branch

Q1 2022

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 2022, the quarter ended March 31, 2022, 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

West Jefferson

Marrero, LA · Charter 23607

NCUA · 1 branch

Q1 2022

$8.1MAssets
$2.5MLoans
$7.8MShares
$170KNet 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 0.29%, up 132 bps year over year; NIM at 1.85%.
  • Asset quality: problem loans at 7.10% of loans (-153 bps YoY).
  • Capital: net worth / assets of 2.10%, down 356 bps from a year ago.
  • Funding: loans stand at 32.52% of shares as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

0.29%+132 bps YoY

Net Interest Margin (YTD, annualized)

1.85%-78 bps YoY

Efficiency Ratio (YTD, annualized)

85.30%-2,120 bps YoY

Net Worth / Assets

2.10%-356 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets-1.03%-1.88%-1.37%-3.30%0.29%+132 bps
Return on Equity-18.17%-38.72%-30.98%-152.81%13.69%+3,185 bps
Net Interest Margin2.64%2.49%2.31%2.26%1.85%-78 bps
Efficiency Ratio106.49%126.70%115.78%121.49%85.30%-2,120 bps
Growth
Asset Growth (YoY)19.15%6.40%13.91%12.43%15.37%-378 bps
Loan Growth (YoY)-18.28%-11.46%-4.01%-2.12%-6.29%+1,200 bps
Share Growth (YoY)20.51%8.45%15.56%16.71%18.47%-205 bps
Asset Quality
Delinquent Loans / Loans8.62%6.61%5.99%7.76%7.10%-153 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.87%0.98%1.37%6.77%7.35%+648 bps
Capital
Risk-Based Capital5.66%4.85%4.42%2.16%2.10%-356 bps
Net Worth / Assets5.66%4.85%4.42%2.16%2.10%-356 bps
Liquidity & Funding
Loans / Shares41.11%40.01%39.04%37.30%32.52%-859 bps
Liquid Assets / Assets97.35%0.00%99.21%0.00%0.00%-9,735 bps