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United Savers

Battle Creek, MI · Charter 5149

Q3 2006

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: Q3 2006, the quarter ended September 30, 2006, 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 2026-10-10

United Savers

Battle Creek, MI · Charter 5149

Q3 2006

$13.7MAssets
$6.2MLoans
$11.0MShares
$1.9MNet 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 -4.95%, down 433 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 2.31% of loans (-92 bps YoY).
  • Capital: net worth / assets of 14.06%, down 278 bps from a year ago.
  • Funding: loans stand at 56.13% of shares as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

-4.95%-433 bps YoY

Net Interest Margin (YTD, annualized)

3.92%-13 bps YoY

Efficiency Ratio (YTD, annualized)

147.79%+5,066 bps YoY

Net Worth / Assets

14.06%-278 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets-0.62%-0.87%-0.21%-0.57%-4.95%-433 bps
Return on Equity-3.70%-5.13%-1.27%-3.42%-35.22%-3,153 bps
Net Interest Margin4.06%4.13%3.95%3.95%3.92%-13 bps
Efficiency Ratio97.13%97.40%89.19%92.58%147.79%+5,066 bps
Growth
Asset Growth (YoY)-4.31%-8.31%-4.06%-3.99%-7.31%-300 bps
Loan Growth (YoY)-5.54%1.26%12.25%13.14%14.21%+1,974 bps
Share Growth (YoY)-4.63%-8.84%-2.86%-5.03%-8.83%-420 bps
Asset Quality
Delinquent Loans / Loans3.23%2.71%0.82%2.50%2.31%-92 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans1.22%1.63%1.92%1.93%4.85%+363 bps
Capital
Risk-Based Capital16.83%17.03%16.37%16.57%14.06%-278 bps
Net Worth / Assets16.83%17.03%16.37%16.57%14.06%-278 bps
Liquidity & Funding
Loans / Shares44.81%47.70%47.51%51.99%56.13%+1,132 bps
Liquid Assets / Assets19.71%15.96%18.56%0.00%0.00%-1,971 bps