PackageTrendsPeer
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Blandin Area

Grand Rapids, MN · Charter 24663

NCUA · 1 branch

Q2 2017

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: Q2 2017, the quarter ended June 30, 2017, 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

Blandin Area

Grand Rapids, MN · Charter 24663

NCUA · 1 branch

Q2 2017

$23.2MAssets
$17.7MLoans
$21.6MShares
$1.2MNet 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 -2.96%, down 201 bps year over year; NIM at 4.93%.
  • Asset quality: problem loans at 1.54% of loans (-104 bps YoY).
  • Capital: net worth / assets of 4.99%, down 191 bps from a year ago.
  • Funding: loans stand at 82.13% of shares as of Q2 2017.

Financial Results

Return on Assets (YTD, annualized)

-2.96%-201 bps YoY

Net Interest Margin (YTD, annualized)

4.93%-5 bps YoY

Efficiency Ratio (YTD, annualized)

90.77%+736 bps YoY

Net Worth / Assets

4.99%-191 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets-0.94%-0.91%-1.13%-2.39%-2.96%-201 bps
Return on Equity-13.69%-13.61%-18.21%-43.08%-59.20%-4,551 bps
Net Interest Margin4.97%5.02%5.04%4.69%4.93%-5 bps
Efficiency Ratio83.40%84.96%87.70%83.08%90.77%+736 bps
Growth
Asset Growth (YoY)4.08%-1.31%0.69%2.89%-3.63%-771 bps
Loan Growth (YoY)11.78%6.35%4.02%-2.44%-9.69%-2,147 bps
Share Growth (YoY)0.87%-1.46%1.30%7.06%2.72%+185 bps
Asset Quality
Delinquent Loans / Loans2.58%2.25%2.32%1.38%1.54%-104 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.86%0.97%1.36%1.76%2.35%+149 bps
Capital
Risk-Based Capital6.90%6.71%6.23%5.55%4.99%-191 bps
Net Worth / Assets6.90%6.71%6.23%5.55%4.99%-191 bps
Liquidity & Funding
Loans / Shares93.42%92.84%90.25%81.75%82.13%-1,129 bps
Liquid Assets / Assets0.00%99.74%98.36%98.10%0.00%0 bps