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Lake Erie Community

Girard, PA · Charter 5951

NCUA · 1 branch

Q3 2022

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 2022, the quarter ended September 30, 2022, 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

Lake Erie Community

Girard, PA · Charter 5951

NCUA · 1 branch

Q3 2022

$6.7MAssets
$3.1MLoans
$6.0MShares
$428KNet Worth

Executive Summary

  • Earnings: ROA of -0.03%, down 14 bps year over year; NIM at 2.88%.
  • Asset quality: problem loans at 1.47% of loans (+50 bps YoY).
  • Capital: net worth / assets of 6.35%, down 64 bps from a year ago.
  • Funding: loans stand at 51.77% of shares as of Q3 2022.

Return on Assets (YTD, annualized)

-0.03%-14 bps YoY

Net Interest Margin (YTD, annualized)

2.88%-2 bps YoY

Efficiency Ratio (YTD, annualized)

98.00%+83 bps YoY

Net Worth / Assets

6.35%-64 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.08%0.01%0.05%0.11%0.09%-0.18%0.00%-0.03%-14 bps
Return on Equity1.07%0.09%0.76%1.60%1.27%-2.81%-0.02%-0.52%-212 bps
Net Interest Margin3.40%2.89%2.86%2.90%2.83%2.74%2.81%2.88%-2 bps
Efficiency Ratio99.66%99.80%99.77%97.17%97.72%105.79%100.03%98.00%+83 bps
Growth
Asset Growth (YoY)12.29%21.27%9.40%6.55%12.12%8.65%9.53%9.68%+313 bps
Loan Growth (YoY)-1.06%-1.58%2.89%-0.46%-7.07%4.12%8.10%13.54%+1,400 bps
Share Growth (YoY)13.57%23.16%10.09%7.00%13.02%7.61%7.52%5.18%-182 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.34%0.97%0.78%1.25%1.87%1.47%+50 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.29%0.32%0.26%0.18%0.11%0.10%0.10%0.02%-16 bps
Capital
Risk-Based Capital7.57%6.87%6.93%6.99%6.84%6.36%6.38%6.35%-64 bps
Net Worth / Assets7.57%6.87%6.93%6.99%6.84%6.36%6.38%6.35%-64 bps
Liquidity & Funding
Loans / Shares55.39%46.15%47.43%47.96%45.55%44.65%47.69%51.77%+381 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps