Wadena, MN · Charter 6040
NCUA · 1 branch
Q1 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Wadena, MN · Charter 6040
NCUA · 1 branch
Q1 2022
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.63% | 0.36% | 0.40% | 0.23% | -0.01% | -64 bps | |
| Return on Equity | 2.64% | 1.50% | 1.69% | 0.99% | -0.05% | -268 bps | |
| Net Interest Margin | 2.32% | 2.24% | 2.16% | 2.12% | 1.99% | -32 bps | |
| Efficiency Ratio | 73.90% | 84.50% | 82.39% | 89.66% | 100.51% | +2,662 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 16.33% | 9.59% | 12.29% | 9.10% | 2.77% | -1,356 bps | |
| Loan Growth (YoY) | -0.01% | -3.61% | -10.57% | -12.33% | -6.27% | -626 bps | |
| Share Growth (YoY) | 21.84% | 12.63% | 16.39% | 11.83% | 3.53% | -1,831 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.04% | 1.26% | 2.09% | 1.11% | 3.57% | +252 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 4.40% | 4.61% | 4.80% | 4.84% | 4.70% | +30 bps | |
| Capital | |||||||
| Risk-Based Capital | 23.73% | 24.07% | 23.45% | 23.18% | 23.16% | -57 bps | |
| Net Worth / Assets | 23.73% | 24.07% | 23.45% | 23.18% | 23.16% | -57 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 25.25% | 24.55% | 22.65% | 22.19% | 22.86% | -239 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |