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Sears Spokane Employees

Spokane, WA · Charter 5700

NCUA · 1 branch

Q3 2018

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 2018, the quarter ended September 30, 2018, 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

Sears Spokane Employees

Spokane, WA · Charter 5700

NCUA · 1 branch

Q3 2018

$3.6MAssets
$1.9MLoans
$3.3MShares
$268KNet 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 -1.21%, down 42 bps year over year; NIM at 2.55%.
  • Asset quality: problem loans at 2.12% of loans (-189 bps YoY).
  • Capital: net worth / assets of 7.46%, up 13 bps from a year ago.
  • Funding: loans stand at 57.48% of shares as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

-1.21%-42 bps YoY

Net Interest Margin (YTD, annualized)

2.55%+33 bps YoY

Efficiency Ratio (YTD, annualized)

128.84%+458 bps YoY

Net Worth / Assets

7.46%+13 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets-0.80%-0.89%-0.95%-1.20%-1.21%-42 bps
Return on Equity-10.87%-12.36%-13.72%-17.93%-16.26%-539 bps
Net Interest Margin2.22%2.28%2.17%2.20%2.55%+33 bps
Efficiency Ratio124.26%126.61%117.62%131.76%128.84%+458 bps
Growth
Asset Growth (YoY)-14.69%-16.85%-19.02%-18.52%-15.67%-97 bps
Loan Growth (YoY)-14.27%-16.42%-19.89%-11.17%-13.46%+81 bps
Share Growth (YoY)-13.56%-16.49%-18.38%-18.83%-15.77%-222 bps
Asset Quality
Delinquent Loans / Loans4.02%3.18%2.53%2.33%2.12%-189 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.40%0.31%0.48%0.41%0.40%0 bps
Capital
Risk-Based Capital7.33%7.20%6.95%6.71%7.46%+13 bps
Net Worth / Assets7.33%7.20%6.95%6.71%7.46%+13 bps
Liquidity & Funding
Loans / Shares55.95%52.93%50.05%51.96%57.48%+154 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps