PackageTrendsPeer
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Financial Center

Stockton, CA · Charter 60463

NCUA · 6 branches

Q3 2021

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 2021, the quarter ended September 30, 2021, 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

Financial Center

Stockton, CA · Charter 60463

NCUA · 6 branches

Q3 2021

$634.4MAssets
$102.3MLoans
$540.4MShares
$78.7MNet 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 -4.99%, down 477 bps year over year; NIM at -1.33%.
  • Asset quality: problem loans at 0.09% of loans (-25 bps YoY).
  • Capital: net worth / assets of 12.40%, down 481 bps from a year ago.
  • Funding: loans stand at 18.93% of shares as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

-4.99%-477 bps YoY

Net Interest Margin (YTD, annualized)

-1.33%-340 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

12.40%-481 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-0.22%-0.09%0.43%0.41%-4.99%-477 bps
Return on Equity-1.30%-0.52%2.69%2.54%-40.24%-3,894 bps
Net Interest Margin2.07%2.05%1.90%1.82%-1.33%-340 bps
Efficiency Ratio99.00%96.58%86.58%88.40%n/an/a
Growth
Asset Growth (YoY)15.27%17.10%18.11%11.22%7.11%-816 bps
Loan Growth (YoY)-16.43%-21.78%-24.35%-27.29%-24.96%-853 bps
Share Growth (YoY)18.22%20.70%24.47%14.77%14.81%-341 bps
Asset Quality
Delinquent Loans / Loans0.34%0.20%0.07%0.04%0.09%-25 bps
Net Charge-Offs / Loansn/an/an/an/an/an/a
Allowance / Loans1.83%1.74%1.63%1.52%1.53%-30 bps
Capital
Risk-Based Capital17.21%16.77%16.13%16.04%12.40%-481 bps
Net Worth / Assets17.21%16.77%16.13%16.04%12.40%-481 bps
Liquidity & Funding
Loans / Shares28.95%25.89%22.61%20.72%18.93%-1,003 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps