PackageTrendsPeer
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Faith Based

Oceanside, CA · Charter 24687

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

Faith Based

Oceanside, CA · Charter 24687

NCUA

Q1 2016

$627KAssets
$416KLoans
$531KShares
$98KNet 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 -3.77%, down 360 bps year over year; NIM at 7.75%.
  • Asset quality: problem loans at 0.68% of loans (+68 bps YoY).
  • Capital: net worth / assets of 15.62%, up 157 bps from a year ago.
  • Funding: loans stand at 78.45% of shares as of Q1 2016.

Financial Results

Return on Assets (YTD, annualized)

-3.77%-360 bps YoY

Net Interest Margin (YTD, annualized)

7.75%+256 bps YoY

Efficiency Ratio (YTD, annualized)

115.51%+1,266 bps YoY

Net Worth / Assets

15.62%+157 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets-0.17%-0.67%-0.90%-1.03%-3.77%-360 bps
Return on Equity-1.24%-5.07%-8.31%-9.57%-24.16%-2,292 bps
Net Interest Margin5.19%5.15%5.40%5.36%7.75%+256 bps
Efficiency Ratio102.84%107.56%112.32%115.38%115.51%+1,266 bps
Growth
Asset Growth (YoY)-7.83%-10.74%-9.97%-2.53%-38.55%-3,073 bps
Loan Growth (YoY)-11.37%-10.87%-16.81%-19.58%-15.31%-394 bps
Share Growth (YoY)-9.04%-11.75%-6.27%3.07%-39.05%-3,001 bps
Asset Quality
Delinquent Loans / Loans0.00%0.06%0.00%1.74%0.68%+68 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.50%1.64%1.80%1.98%1.48%-2 bps
Capital
Risk-Based Capital14.05%13.31%10.87%10.76%15.62%+157 bps
Net Worth / Assets14.05%13.31%10.87%10.76%15.62%+157 bps
Liquidity & Funding
Loans / Shares56.45%59.84%54.26%51.06%78.45%+2,199 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps