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Summitone

Ogden, UT · Charter 24719

Q2 2013

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 2013, the quarter ended June 30, 2013, 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

Summitone

Ogden, UT · Charter 24719

Q2 2013

$63.1MAssets
$26.5MLoans
$58.2MShares
$4.6MNet 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 0.42%, down 31 bps year over year; NIM at 1.93%.
  • Asset quality: problem loans at 0.32% of loans (-60 bps YoY).
  • Capital: net worth / assets of 7.35%, up 14 bps from a year ago.
  • Funding: loans stand at 45.52% of shares as of Q2 2013.

Financial Results

Return on Assets (YTD, annualized)

0.42%-31 bps YoY

Net Interest Margin (YTD, annualized)

1.93%-23 bps YoY

Efficiency Ratio (YTD, annualized)

93.17%+1,585 bps YoY

Net Worth / Assets

7.35%+14 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.73%0.44%0.41%0.88%0.42%-31 bps
Return on Equity10.11%6.12%5.55%11.77%5.66%-445 bps
Net Interest Margin2.16%2.19%2.24%2.30%1.93%-23 bps
Efficiency Ratio77.32%84.34%86.57%96.85%93.17%+1,585 bps
Growth
Asset Growth (YoY)3.37%1.12%-1.35%-0.14%1.48%-189 bps
Loan Growth (YoY)-10.72%3.64%11.92%20.06%18.91%+2,963 bps
Share Growth (YoY)4.14%1.54%-1.38%-0.66%1.61%-253 bps
Asset Quality
Delinquent Loans / Loans0.92%0.46%0.65%0.38%0.32%-60 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.01%0.94%0.73%0.30%0.53%-49 bps
Capital
Risk-Based Capital7.21%7.19%7.38%7.44%7.35%+14 bps
Net Worth / Assets7.21%7.19%7.38%7.44%7.35%+14 bps
Liquidity & Funding
Loans / Shares38.90%42.51%48.26%46.92%45.52%+662 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps