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Simplot Employees

Caldwell, ID · Charter 61179

NCUA · 2 branches

Q2 2023

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: Q2 2023, the quarter ended June 30, 2023, 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

Simplot Employees

Caldwell, ID · Charter 61179

NCUA · 2 branches

Q2 2023

$22.2MAssets
$12.9MLoans
$19.4MShares
$3.3MNet Worth

Executive Summary

  • Earnings: ROA of 0.64%, up 77 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.25% of loans (+19 bps YoY).
  • Capital: net worth / assets of 15.05%, up 51 bps from a year ago.
  • Funding: loans stand at 66.59% of shares as of Q2 2023.

Return on Assets (YTD, annualized)

0.64%+77 bps YoY

Net Interest Margin (YTD, annualized)

4.13%+83 bps YoY

Efficiency Ratio (YTD, annualized)

83.90%-1,888 bps YoY

Net Worth / Assets

15.05%+51 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023YoY ΔTrend
Earnings
Return on Assets-0.23%-0.28%-0.02%-0.13%-0.13%0.00%1.03%0.64%+77 bps
Return on Equity-1.52%-1.98%-0.16%-0.87%-0.87%0.01%6.78%4.27%+513 bps
Net Interest Margin3.47%3.30%3.14%3.31%3.58%3.75%4.14%4.13%+83 bps
Efficiency Ratio103.58%106.02%102.47%102.78%96.25%92.48%78.57%83.90%-1,888 bps
Growth
Asset Growth (YoY)7.32%7.85%2.23%-0.52%-1.04%-5.39%-5.33%-0.83%-31 bps
Loan Growth (YoY)-5.58%-0.95%7.03%13.83%24.17%19.01%9.45%5.14%-869 bps
Share Growth (YoY)8.92%9.80%3.98%1.65%1.34%-4.22%-5.47%-0.59%-224 bps
Asset Quality
Delinquent Loans / Loans0.02%0.03%0.00%0.07%0.37%0.35%0.29%0.25%+19 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.19%0.22%0.18%0.22%0.37%0.55%0.00%0.00%-22 bps
Capital
Risk-Based Capital14.92%14.26%14.19%14.54%14.86%15.07%15.13%15.05%+51 bps
Net Worth / Assets14.92%14.26%14.19%14.54%14.86%15.07%15.13%15.05%+51 bps
Liquidity & Funding
Loans / Shares54.80%53.37%57.45%62.96%67.15%66.32%66.53%66.59%+363 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps