PackageTrendsPeer
Letter portraitLegal landscape

School Employees Lorain County

Elyria, OH · Charter 61008

Q3 2011

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 2011, the quarter ended September 30, 2011, 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 2026-10-10

School Employees Lorain County

Elyria, OH · Charter 61008

Q3 2011

$136.1MAssets
$64.2MLoans
$124.4MShares
$14.3MNet 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 0.09%, up 17 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 1.32% of loans (-43 bps YoY).
  • Capital: net worth / assets of 10.47%, down 24 bps from a year ago.
  • Funding: loans stand at 51.60% of shares as of Q3 2011.

Financial Results

Return on Assets (YTD, annualized)

0.09%+17 bps YoY

Net Interest Margin (YTD, annualized)

2.66%+2 bps YoY

Efficiency Ratio (YTD, annualized)

86.85%+497 bps YoY

Net Worth / Assets

10.47%-24 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2010Q3 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-0.07%-0.22%0.24%0.43%0.09%+17 bps
Return on Equity-0.68%-2.10%2.24%3.99%0.89%+157 bps
Net Interest Margin2.64%2.72%2.68%2.68%2.66%+2 bps
Efficiency Ratio81.88%80.66%79.58%77.16%86.85%+497 bps
Growth
Asset Growth (YoY)7.33%4.51%5.67%4.14%3.40%-393 bps
Loan Growth (YoY)2.99%-2.63%-9.46%-10.26%-9.19%-1,218 bps
Share Growth (YoY)9.05%6.51%7.38%5.56%3.40%-564 bps
Asset Quality
Delinquent Loans / Loans1.75%0.95%1.11%1.42%1.32%-43 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.50%0.61%0.75%0.76%0.83%+33 bps
Capital
Risk-Based Capital10.71%10.71%10.66%10.72%10.47%-24 bps
Net Worth / Assets10.71%10.71%10.66%10.72%10.47%-24 bps
Liquidity & Funding
Loans / Shares58.75%57.28%53.78%52.43%51.60%-715 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps