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Floodwood Area

Floodwood, MN · Charter 60556

NCUA · 1 branch

Q1 2018

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 2018, the quarter ended March 31, 2018, 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

Floodwood Area

Floodwood, MN · Charter 60556

NCUA · 1 branch

Q1 2018

$17.8MAssets
$9.0MLoans
$15.8MShares
$2.3MNet 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 -15.97%, down 1,629 bps year over year; NIM at 2.88%.
  • Asset quality: problem loans at 1.17% of loans (-326 bps YoY).
  • Capital: net worth / assets of 12.98%, down 283 bps from a year ago.
  • Funding: loans stand at 57.21% of shares as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

-15.97%-1,629 bps YoY

Net Interest Margin (YTD, annualized)

2.88%+32 bps YoY

Efficiency Ratio (YTD, annualized)

594%+50,501 bps YoY

Net Worth / Assets

12.98%-283 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.32%0.35%0.31%0.29%-15.97%-1,629 bps
Return on Equity2.04%2.21%1.98%1.78%-123.06%-12,510 bps
Net Interest Margin2.56%2.59%2.63%2.69%2.88%+32 bps
Efficiency Ratio88.93%88.07%89.18%90.35%594%+50,501 bps
Growth
Asset Growth (YoY)-0.88%-2.30%-0.14%-0.82%-5.66%-478 bps
Loan Growth (YoY)-4.73%-2.30%-2.07%-2.44%0.51%+523 bps
Share Growth (YoY)-1.46%-2.93%-0.36%-1.83%-0.40%+106 bps
Asset Quality
Delinquent Loans / Loans4.43%4.02%1.24%1.21%1.17%-326 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans2.63%2.59%2.66%2.60%2.61%-2 bps
Capital
Risk-Based Capital15.81%15.89%15.93%16.25%12.98%-283 bps
Net Worth / Assets15.81%15.89%15.93%16.25%12.98%-283 bps
Liquidity & Funding
Loans / Shares56.69%57.42%56.09%57.95%57.21%+52 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps