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Wadena

Wadena, MN · Charter 6040

NCUA · 1 branch

Q1 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: 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.

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

Wadena

Wadena, MN · Charter 6040

NCUA · 1 branch

Q1 2022

$14.8MAssets
$2.6MLoans
$11.3MShares
$3.4MNet Worth

Executive Summary

  • Earnings: ROA of -0.01%, down 64 bps year over year; NIM at 1.99%.
  • Asset quality: problem loans at 3.57% of loans (+252 bps YoY).
  • Capital: net worth / assets of 23.16%, down 57 bps from a year ago.
  • Funding: loans stand at 22.86% of shares as of Q1 2022.

Return on Assets (YTD, annualized)

-0.01%-64 bps YoY

Net Interest Margin (YTD, annualized)

1.99%-32 bps YoY

Efficiency Ratio (YTD, annualized)

100.51%+2,662 bps YoY

Net Worth / Assets

23.16%-57 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets0.73%0.76%0.42%0.63%0.36%0.40%0.23%-0.01%-64 bps
Return on Equity2.80%2.91%1.67%2.64%1.50%1.69%0.99%-0.05%-268 bps
Net Interest Margin2.71%2.71%2.52%2.32%2.24%2.16%2.12%1.99%-32 bps
Efficiency Ratio74.19%73.28%84.25%73.90%84.50%82.39%89.66%100.51%+2,662 bps
Growth
Asset Growth (YoY)2.88%6.54%9.16%16.33%9.59%12.29%9.10%2.77%-1,356 bps
Loan Growth (YoY)0.16%3.21%8.19%-0.01%-3.61%-10.57%-12.33%-6.27%-626 bps
Share Growth (YoY)3.08%8.10%11.90%21.84%12.63%16.39%11.83%3.53%-1,831 bps
Asset Quality
Delinquent Loans / Loans4.33%2.25%2.55%1.04%1.26%2.09%1.11%3.57%+252 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans4.21%4.07%4.25%4.40%4.61%4.80%4.84%4.70%+30 bps
Capital
Risk-Based Capital26.11%26.14%25.04%23.73%24.07%23.45%23.18%23.16%-57 bps
Net Worth / Assets26.11%26.14%25.04%23.73%24.07%23.45%23.18%23.16%-57 bps
Liquidity & Funding
Loans / Shares28.68%29.48%28.31%25.25%24.55%22.65%22.19%22.86%-239 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps