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Josten Employees

Owatonna, MN · Charter 60221

NCUA · 1 branch

Q2 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: Q2 2022, the quarter ended June 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

Josten Employees

Owatonna, MN · Charter 60221

NCUA · 1 branch

Q2 2022

$1.0MAssets
$420KLoans
$652KShares
$350KNet 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 -1.79%, down 162 bps year over year; NIM at 1.97%.
  • Asset quality: problem loans at 2.70% of loans (+201 bps YoY).
  • Capital: net worth / assets of 34.96%, up 293 bps from a year ago.
  • Funding: loans stand at 64.41% of shares as of Q2 2022.

Financial Results

Return on Assets (YTD, annualized)

-1.79%-162 bps YoY

Net Interest Margin (YTD, annualized)

1.97%-181 bps YoY

Efficiency Ratio (YTD, annualized)

152.63%+5,256 bps YoY

Net Worth / Assets

34.96%+293 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2021Q3 2021Q4 2021Q1 2022Q2 2022YoY ΔTrend
Earnings
Return on Assets-0.18%-0.35%-0.87%0.06%-1.79%-162 bps
Return on Equity-0.55%-1.07%-2.60%0.18%-5.13%-458 bps
Net Interest Margin3.78%3.60%3.13%2.02%1.97%-181 bps
Efficiency Ratio100.07%96.64%127.79%97.29%152.63%+5,256 bps
Growth
Asset Growth (YoY)0.00%0.00%-8.78%-14.23%-13.22%-1,322 bps
Loan Growth (YoY)0.00%0.00%-22.21%-34.38%-46.99%-4,699 bps
Share Growth (YoY)0.00%0.00%-11.63%-19.51%-16.95%-1,695 bps
Asset Quality
Delinquent Loans / Loans0.69%0.61%0.97%2.32%2.70%+201 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.95%0.97%1.31%1.59%2.70%+175 bps
Capital
Risk-Based Capital32.03%32.19%33.42%33.80%34.96%+293 bps
Net Worth / Assets32.03%32.19%33.42%33.80%34.96%+293 bps
Liquidity & Funding
Loans / Shares100.93%93.71%83.08%69.85%64.41%-3,651 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps