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Babbitt Steelworkers

Babbitt, MN · Charter 60227

NCUA

Q1 2016

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: Q1 2016, the quarter ended March 31, 2016, 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

Babbitt Steelworkers

Babbitt, MN · Charter 60227

NCUA

Q1 2016

$15.2MAssets
$2.9MLoans
$13.2MShares
$2.0MNet 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 -0.41%, up 1 bps year over year; NIM at 0.44%.
  • Asset quality: problem loans at 0.31% of loans (-30 bps YoY).
  • Capital: net worth / assets of 13.03%, down 208 bps from a year ago.
  • Funding: loans stand at 22.12% of shares as of Q1 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.41%+1 bps YoY

Net Interest Margin (YTD, annualized)

0.44%-191 bps YoY

Efficiency Ratio (YTD, annualized)

163.75%+4,877 bps YoY

Net Worth / Assets

13.03%-208 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016YoY ΔTrend
Earnings
Return on Assets-0.42%-0.56%-0.47%-0.36%-0.41%+1 bps
Return on Equity-2.81%-3.70%-3.17%-2.48%-3.17%-36 bps
Net Interest Margin2.34%2.16%2.18%2.20%0.44%-191 bps
Efficiency Ratio114.98%120.59%117.29%115.66%163.75%+4,877 bps
Growth
Asset Growth (YoY)-0.20%0.49%-0.49%2.76%1.97%+217 bps
Loan Growth (YoY)10.09%6.98%5.79%11.68%10.93%+84 bps
Share Growth (YoY)0.21%1.25%0.03%3.73%4.48%+426 bps
Asset Quality
Delinquent Loans / Loans0.61%0.44%0.62%0.17%0.31%-30 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.31%2.24%2.77%2.36%2.40%+9 bps
Capital
Risk-Based Capital15.11%15.00%14.91%14.67%13.03%-208 bps
Net Worth / Assets15.11%15.00%14.91%14.67%13.03%-208 bps
Liquidity & Funding
Loans / Shares20.83%21.40%21.79%22.87%22.12%+129 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps